Synchronoss Technologies Inc. (NASDAQ:SNCR) is a key player in the Personal Cloud platforms sector. The company is set to release its quarterly earnings on August 11, 2025. Analysts predict an earnings per share (EPS) of $0.25 and revenue of approximately $42.8 million for this period. This release is highly anticipated by investors and analysts alike.
In the latest trading session, SNCR's stock price rose to $7.57, marking a 2.3% increase. This is notable as the broader market faced a downturn, with the S&P 500 and Dow Jones Industrial Average declining by 0.08% and 0.51%, respectively. However, the Nasdaq, which includes many technology stocks, saw a slight increase of 0.35%.
Despite the recent stock price increase, SNCR shares have decreased by 1.46% over the past month. This underperformance contrasts with the Computer and Technology sector's gain of 3.95% and the S&P 500's gain of 1.21%. Investors are keenly observing the upcoming earnings report, which is expected to show a 47.92% decline in EPS compared to the same quarter last year.
Synchronoss has a price-to-sales ratio of 0.50, suggesting the stock is valued at half of its sales per share. The enterprise value to sales ratio is 1.51, reflecting the company's total valuation relative to its sales. The current ratio of 2.05 shows a strong ability to cover short-term liabilities.
The company is heavily leveraged, with a debt-to-equity ratio of 5.71. This suggests a high reliance on debt financing. However, the enterprise value to operating cash flow ratio of 9.28 indicates that the operating cash flow can cover the enterprise value multiple times. The upcoming earnings call on August 11, 2025, will provide further insights into the company's financial health and future prospects.
