Report
Abhinav Davuluri
EUR 147.86 For Business Accounts Only

Synaptics Regains Footing In Challenging Smartphone Component Space; Shares Undervalued

Synaptics provided fiscal second-quarter results that exceeded our expectations, led by strong touch and display driver integrated, or TDDI, and fingerprint products. We note the firm continues to benefit as the first mover in TDDI while simultaneously building momentum in fingerprint authentication. Management also expects OLED displays to be a critical growth driver going forward, initially with discrete display driver solutions and ultimately with TDDI. Shares rose 6% during after-hours tradi...
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

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