EPS for Synacor, Inc. (SYNC) Expected At $-0.01

February 24, 2018 - By Maria Brooks

 EPS for Synacor, Inc. (SYNC) Expected At $ 0.01
Investors sentiment decreased to 1.06 in 2017 Q3. Its down 1.49, from 2.55 in 2017Q2. It dropped, as 9 investors sold Synacor, Inc. shares while 8 reduced holdings. 6 funds opened positions while 12 raised stakes. 11.61 million shares or 7.07% more from 10.84 million shares in 2017Q2 were reported.
Blackrock has 95,162 shares for 0% of their portfolio. 104,400 were reported by Prudential Fincl Incorporated. Citigroup stated it has 0% in Synacor, Inc. (NASDAQ:SYNC). The New York-based Prelude Capital Management Ltd Liability Co has invested 0.01% in Synacor, Inc. (NASDAQ:SYNC). Renaissance Tech Limited Liability Company holds 0% in Synacor, Inc. (NASDAQ:SYNC) or 1.26M shares. Ariel Ltd Liability invested 0.09% in Synacor, Inc. (NASDAQ:SYNC). Jacobs Levy Equity Mngmt, a New Jersey-based fund reported 50,968 shares. 59,744 were reported by Northern Trust. Spark Inv Mgmt Lc owns 138,100 shares or 0.02% of their US portfolio. Northpointe Cap Ltd accumulated 1.65 million shares. California Pub Employees Retirement reported 13,700 shares. Royal Natl Bank Of Canada has 0% invested in Synacor, Inc. (NASDAQ:SYNC). Grp One Trading L P reported 732 shares. Tower Research Limited Liability Co (Trc) reported 0% in Synacor, Inc. (NASDAQ:SYNC). Wellington Mngmt Gp Limited Liability Partnership reported 0% of its portfolio in Synacor, Inc. (NASDAQ:SYNC).

Analysts expect Synacor, Inc. (NASDAQ:SYNC) to report $-0.01 EPS on March, 21.They anticipate $0.09 EPS change or 90.00 % from last quarter’s $-0.1 EPS. The stock decreased 4.35% or $0.1 during the last trading session, reaching $2.2. About 61,417 shares traded. Synacor, Inc. (NASDAQ:SYNC) has risen 15.89% since February 24, 2017 and is uptrending. It has underperformed by 0.81% the S&P500.

Synacor, Inc. (NASDAQ:SYNC) Ratings Coverage

Among 5 analysts covering Synacor (NASDAQ:SYNC), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Synacor had 7 analyst reports since October 18, 2016 according to SRatingsIntel. As per Tuesday, October 18, the company rating was initiated by Ladenburg Thalmann. Lake Street initiated it with “Buy” rating and $5.50 target in Tuesday, February 14 report. Rosenblatt maintained the shares of SYNC in report on Monday, June 12 with “Buy” rating. Canaccord Genuity maintained Synacor, Inc. (NASDAQ:SYNC) on Thursday, August 10 with “Buy” rating. The stock has “Buy” rating by Canaccord Genuity on Wednesday, November 15. Craig Hallum downgraded the stock to “Hold” rating in Thursday, August 10 report.

Synacor, Inc. operates as a technology development, multiplatform services, and revenue partner for video, Internet, and communications providers; and device manufacturers, governments, and enterprises. The company has market cap of $85.11 million. It enables its clients to provide their clients engaging, multiscreen experiences with products that require scale, and actionable data and implementation. It currently has negative earnings. The company, through its managed portals and advertising solutions, enables its clients to earn revenue by monetizing media among their consumers.

More notable recent Synacor, Inc. (NASDAQ:SYNC) news were published by: Globenewswire.com which released: “180 Degree Capital Corp. Announces an Investment in Synacor, Inc.” on April 12, 2017, also Businesswire.com with their article: “Synacor Delivers 14 Percent Revenue Growth and Reports Net Profit in Third …” published on November 14, 2017, Businesswire.com published: “Synacor Exceeds Second-Quarter 2017 Financial Guidance; Remains on Path to ‘3 …” on August 09, 2017. More interesting news about Synacor, Inc. (NASDAQ:SYNC) were released by: Businesswire.com and their article: “Synacor, Inc. Announces Closing of Public Offering of Common Stock” published on April 11, 2017 as well as Businesswire.com‘s news article titled: “Synacor and WOW! Launch New Customer Portal, Extend Partnership and Expand …” with publication date: November 15, 2017.

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