Computer Programs and Systems Misses Q1 Earnings Estimates

SYNHDelisted Stock  USD 42.31  0.07  0.17%   
Under 61% of Syneos Health's investor base is looking to short. The analysis of current outlook of investing in Syneos Health suggests that many traders are alarmed regarding Syneos Health's prospects. Syneos Health's investing sentiment shows overall attitude of investors towards Syneos Health.
  
Computer Programs and Systems delivered earnings and revenue surprises of -23.68 percent and 2.05, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock

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Syneos Health Fundamental Analysis

We analyze Syneos Health's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Syneos Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Syneos Health based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Net Asset

Net Asset Comparative Analysis

Syneos Health is currently under evaluation in net asset category among its peers. Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Syneos Health Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Syneos Health stock to make a market-neutral strategy. Peer analysis of Syneos Health could also be used in its relative valuation, which is a method of valuing Syneos Health by comparing valuation metrics with similar companies.

Peers

Syneos Health Related Equities

MEDPMedpace Holdings   1.74   
0%
65.0%
SHCSotera Health   1.06   
0%
40.0%
MTDMettler Toledo   0.50   
0%
18.0%
CRLCharles River   0.37   
0%
14.0%
QGENQiagen NV   0.20   
0%
7.0%
MYGNMyriad Genetics   0.07   
2.0%
0%
IQVIQVIA Holdings   0.35   
13.0%
0%
LHLaboratory   0.64   
24.0%
0%
ICLRICON PLC   0.65   
24.0%
0%
NEOGNeogen   1.65   
62.0%
0%
ACRSAclaris Therapeutics   2.48   
93.0%
0%
RDNTRadNet   2.64   
100.0%
0%
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Other Consideration for investing in Syneos Stock

If you are still planning to invest in Syneos Health check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Syneos Health's history and understand the potential risks before investing.
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