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SYNH

Syneos Health, Inc.

Healthcare

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Price alert · SYNH

All alert types
42.98 0.00 0.00%
As of Sep 27, 2023
42.97 Day range 42.99

52-week range unavailable

Open
42.98
Prev close
42.98
Mkt cap
4.39B
Vol
6.70M
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
0.00%
More statistics
Low
42.97
High
42.99
Forward P/E
10.77
Beta
1.59
Short ratio
1.30
Inst. own
103.27%
Dividend
0.00
Ex-div date
Earnings
Nov 2, 2023
50-d avg
41.41
200-d avg
39.14
1y target
42.56

2Y chart

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Key statistics

Market cap
4.39B
Enterprise value
7.15B
Trailing P/E
29.40
Forward P/E
10.77
PEG ratio
41.30
Price / sales
0.81
Price / book
1.27
EPS (TTM)
1.44
Beta
1.59
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
2.74%
Revenue (TTM)
5.41B
Revenue growth
1.50%
Free cash flow
302.27M
Total cash
116.02M
Total debt
2.89B
Return on equity
4.39%
Shares outstanding
103.71M
Short % of float
4.94%
50-day average
41.41
200-day average
39.14

Analyst view

Consensus: hold

Hold
Price target (mean) 42.56 -1.0% downside
Target (low)
40.00
Target (mean)
42.56
Target (high)
43.00

Next earnings

Nov 2, 2023

Expected Nov 2, 2023. Consensus EPS estimate 0.79.

Earnings history

Financials — quick view

All financials
SYNH Revenue — quarterly 1.37B
2019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 2023
SYNH Net income — quarterly 793.00K
2019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 2023
SYNH EPS — quarterly 0.01
2019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 2023

Earnings

SYNH recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 2, 2023Sep 1, 20230.81———
Aug 8, 2023Jun 1, 20230.78———
May 10, 2023Mar 1, 20230.67———
Feb 16, 2023Dec 1, 20221.18———
Nov 3, 2022Sep 1, 20221.32———
Aug 2, 2022Jun 1, 20221.20———

Upgrades / downgrades

SYNH analyst upgrades and downgrades
DateFirmActionFromTo
May 16, 2023MizuhomainNeutralNeutral
May 11, 2023BairddownOutperformNeutral
May 11, 2023Deutsche BankdownBuyHold
May 11, 2023BarclaysupUnderweightEqual-Weight
Apr 4, 2023Barclaysmain—Underweight
Mar 1, 2023Barclaysmain—Underweight

About Syneos Health, Inc.

Syneos Health, Inc., operates as an integrated biopharmaceutical solutions company. The company operates through two segments, Clinical Solutions and Commercial Solutions. The Clinical Solutions segment offers services for the development of diagnostics, drugs, biologics, devices, and digital therapeutics in Phase I to IV of clinical development. This segment offers individual services, including regulatory consulting, project management, protocol development, investigational site recruitment, clinical monitoring, technology-enabled patient recruitment and engagement, clinical home health services, clinical trial diversity, biometrics, and regulatory affairs. The Commercial Solutions segment provides commercialization services, including deployment solutions, communications solutions, such as public relations, advertising, and medical communication; and consulting services. Its customers include companies in the biopharmaceutical, biotechnology, and medical device industries. It operates in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company has a strategic partnership with uMotif Limited to deliver patient-centric eClinical platform. The company was formerly known as INC Research Holdings, Inc. and changed its name to Syneos Health, Inc. in January 2018. Syneos Health, Inc. was incorporated in 2010 and is headquartered in Morrisville, North Carolina.

Sector
Healthcare
Industry
Diagnostics & Research
Country
United States

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Insider holders

SYNH insider holders
InsiderRelationLatest transactionDateShares held
BODEM BARBARA WDirectorStock Award(Grant)May 24, 20238,385
CONNAUGHTON BERNADETTE M.DirectorStock Award(Grant)May 24, 202314,778
DINEEN JOHN MDirectorStock Award(Grant)May 24, 202327,492
KLITGAARD WILLIAM EDirectorStock Award(Grant)May 24, 20237,370
MEGGS JASON MChief Financial OfficerStock Award(Grant)Feb 22, 202371,112
MEYERS KENNETH F.DirectorStock Award(Grant)May 24, 202325,010

Institution ownership

SYNH institution ownership
Holder% heldSharesValueReported
Blackrock Inc.10.14%10,505,743444.71MMar 30, 2023
Vanguard Group, Inc. (The)10.08%10,449,163442.31MMar 30, 2023
Wellington Management Group, LLP7.25%7,509,348317.87MMar 30, 2023
ClearBridge Investments, LLC4.00%4,148,928175.62MMar 30, 2023
Shaw D.E. & Co., Inc.3.16%3,279,774138.83MMar 30, 2023
Barclays Plc2.95%3,060,494129.55MMar 30, 2023

Fund ownership

SYNH fund ownership
Holder% heldSharesValueReported
iShares Core S&P Midcap ETF3.11%3,206,161135.72MFeb 27, 2023
Vanguard Total Stock Market Index Fund3.02%3,120,123132.07MDec 30, 2022
Vanguard Small-Cap Index Fund2.57%2,651,122112.22MDec 30, 2022
Vanguard Specialized-Health Care Fund1.85%1,911,25680.90MJan 30, 2023
Vanguard Small Cap Value Index Fund1.80%1,857,89178.64MDec 30, 2022
Legg Mason Clearbridge Small Cap Growth Fd1.42%1,463,66361.96MJan 30, 2023
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