SYNH Stock - Syneos Health, Inc.
Unlock GoAI Insights for SYNH
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|
| Revenue | $5.39B | $5.21B | $4.42B | $4.68B | $4.39B |
| Gross Profit | $1.25B | $1.22B | $1.02B | $1.03B | $955.81M |
| Gross Margin | 23.3% | 23.4% | 23.0% | 22.0% | 21.8% |
| Operating Income | $403.19M | $389.28M | $293.14M | $324.54M | $160.18M |
| Net Income | $266.50M | $234.83M | $192.79M | $131.26M | $24.28M |
| Net Margin | 4.9% | 4.5% | 4.4% | 2.8% | 0.6% |
| EPS | $2.57 | $2.26 | $1.85 | $1.27 | $0.23 |
Syneos Health, Inc. provides biopharmaceutical outsourcing solutions company in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. It 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 the Phase I to IV of clinical development. This segment also provides individual services, including product development and regulatory consulting, project management, protocol development, investigational site recruitment, clinical monitoring, technology-enabled patient recruitment and engagement, clinical home health, clinical trial diversity, biometric, and regulatory affair services. The Commercial Solutions segment provides commercialization services, including deployment solutions, communications solutions, such as public relations, advertising, and medical communication services; and consulting services to the pharmaceutical, biotechnology, and healthcare industries. 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.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| February 13th 2023 | JP Morgan | Downgrade | Underweight | $28← $30 |
| January 17th 2023 | Barclays | Downgrade | Underweight | $25← $30 |
| January 13th 2023 | Barclays | Downgrade | Underweight | $25 |
| December 14th 2022 | Mizuho | Downgrade | Neutral | $38← $66 |
| November 7th 2022 | Evercore ISI | Downgrade | In-line | $27← $55 |
| October 18th 2022 | JP Morgan | Downgrade | Neutral | $53← $85 |
| September 14th 2022 | Guggenheim | Downgrade | Neutral | - |
| September 7th 2022 | UBS | Initiation | Neutral | $68 |
| May 24th 2022 | Guggenheim | Initiation | Buy | $81 |
| April 25th 2022 | Jefferies | Downgrade | Hold | $75← $101 |
| April 12th 2022 | Deutsche Bank | Initiation | Buy | $102 |
Earnings History & Surprises
SYNHEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q3 2024 | Aug 7, 2024 | — | — | — | — |
Q2 2024 | May 8, 2024 | — | — | — | — |
Q1 2024 | Feb 14, 2024 | — | — | — | — |
Q4 2023 | Nov 2, 2023 | $0.81 | $1.13 | +39.5% | ✓ BEAT |
Q3 2023 | Aug 8, 2023 | $0.78 | $0.01 | -98.7% | ✗ MISS |
Q2 2023 | May 10, 2023 | $0.67 | $0.75 | +11.9% | ✓ BEAT |
Q1 2023 | Feb 16, 2023 | $1.18 | $1.23 | +4.2% | ✓ BEAT |
Q4 2022 | Nov 3, 2022 | $1.32 | $1.23 | -6.8% | ✗ MISS |
Q3 2022 | Aug 2, 2022 | $1.20 | $1.25 | +4.2% | ✓ BEAT |
Q2 2022 | Apr 29, 2022 | $0.96 | $1.01 | +5.2% | ✓ BEAT |
Q1 2022 | Feb 17, 2022 | $1.43 | $1.48 | +3.5% | ✓ BEAT |
Q4 2021 | Nov 3, 2021 | $1.18 | $1.22 | +3.4% | ✓ BEAT |
Q3 2021 | Aug 9, 2021 | $0.94 | $0.97 | +3.2% | ✓ BEAT |
Q2 2021 | Apr 29, 2021 | $0.74 | $0.79 | +6.8% | ✓ BEAT |
Q1 2021 | Feb 18, 2021 | $1.10 | $1.11 | +0.9% | ✓ BEAT |
Q4 2020 | Oct 29, 2020 | $0.90 | $1.04 | +15.6% | ✓ BEAT |
Q3 2020 | Aug 6, 2020 | $0.48 | $0.58 | +20.8% | ✓ BEAT |
Q2 2020 | Apr 30, 2020 | $0.62 | $0.68 | +9.7% | ✓ BEAT |
Q1 2020 | Feb 20, 2020 | $1.01 | $1.03 | +2.0% | ✓ BEAT |
Q4 2019 | Oct 31, 2019 | $0.83 | $0.87 | +4.8% | ✓ BEAT |
Latest News
Frequently Asked Questions about SYNH
What is SYNH's current stock price?
What is the analyst price target for SYNH?
What sector is Syneos Health, Inc. in?
What is SYNH's market cap?
Does SYNH pay dividends?
Similar Stocks
Healthcare SectorExplore stocks similar to SYNH for comparison