Report
Abhinav Davuluri
EUR 100.00 For Business Accounts Only

Mobile Takes Back Seat to Consumer IoT Solutions at CES 2019 for Synaptics; Shares Undervalued

We came away from Synaptics’ product demonstrations and investor presentations at CES 2019 with renewed confidence in our positive thesis on the firm. Beyond its mobile-centric portfolio, the company showcased a bevy of promising initiatives across consumer Internet of Things, automotive, and even PC. Financially, we believe the firm has done a nice job over the past six quarters driving gross margin expansion while maintaining stable operating expenses ($108 million on average) amid volatile re...
Underlying
SYNAPTICS INCORPORATED

Synaptics is a developer and supplier of custom-designed human interface semiconductor product solutions that enable people to interact with a variety of mobile computing, communications, entertainment, and other electronic devices. The company targets the markets for smartphones, tablets, personal computer, products, Internet of Things, products and other select electronic devices, including devices in automobiles. The company's family of products includes: ClearPad?, ClearView?, TouchView?, Natural ID?, TouchPad?, SecurePad?, ClickPad?, ForcePad?, AudioSmart?, VideoSmart?, ImagingSmart?, and other product solutions.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Abhinav Davuluri

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch