SYNA UBNT

SYNA 82.30
UBNT 38.94

ER: SYNA 7.31

Analyst estimate:
Rev up 32% to 305 mill/EPS 1.42 up from 1.39 one year ago
TTM PE 51.86

ER:UBNT 8.7

Analyst estimate:
Rev up 49% to 151 mill/EPS .51 up form .33 one year ago
TTM PE 22.35

[All above from Yahoo Finance]

1 Like

SYNA Analyst estimates:
Rev up 32% to $305 million
EPS 1.42 up from 1.39 one year ago
TTM PE 51.86

Hi Rizz,

I think that that disconnect between the rise in revenue of 32% and the smaller rise in EPS is because they had a huge EPS last year in the June quarter.

Here’s what their earnings looked like up to June of last year:

2012 - 51 54 37 53 = 195
2013 - 79 139

You see the huge jump to $1.39 in the June quarter.

Up to the first quarter of this year it looks like this:

2012 - 51 54 37 53 = 195
2013 - 79 139 131 86 = 435
2014 - 63

As you see, the predicted earnings of $1.42 would be more than doubling sequentially from 63 cents in the March quarter. I don’t know where YHOO got the TTM PE of 51. Their trailing earnings are $4.19 and their trailing PE is just under 20 right now.

Saul

2 Likes

Up to the first quarter of this year it looks like this:

2012 - 51 54 37 53 = 195
2013 - 79 139 131 86 = 435
2014 - 63

As you see, the predicted earnings of $1.42 would be more than doubling sequentially from 63 cents in the March quarter. I don’t know where YHOO got the TTM PE of 51. Their trailing earnings are $4.19 and their trailing PE is just under 20 right now.

Saul

Saul,

Doesn’t this put SYNA on flat eps growth yr over yr? The 1st 1/4 is down vs 1 yr ago, the 2nd 1/4 flat while Q3 is projected to be 1.33 [flat again][Yahoo Finance]. And does that concern you?

Rizz

Rizz, It’s one of my highest conviction stocks.

Saul