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Syntec Optics Holdings Inc

Syntec Optics Holdings Inc (OPTX)

3.47
0.13
( 3.89% )
Updated: 11:49:55

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
3.47
Bid
3.45
Ask
3.52
Volume
427,018
3.05 Day's Range 3.5625
0.8451 52 Week Range 8.38
Market Cap
Previous Close
3.34
Open
3.35
Last Trade
5
@
3.5059
Last Trade Time
11:50:27
Financial Volume
$ 1,419,762
VWAP
3.3248
Average Volume (3m)
3,018,332
Shares Outstanding
36,688,266
Dividend Yield
-
PE Ratio
64.01
Earnings Per Share (EPS)
0.05
Revenue
29.44M
Net Profit
1.98M

About Syntec Optics Holdings Inc

Syntec Optics is the largest independent custom manufacturer of polymer optics in the United States, serving a worldwide customer base. We are rapidly expanding our system design capabilities that include optical elements, opto-mechanical integration, electro-optics, and software development. Our lo... Syntec Optics is the largest independent custom manufacturer of polymer optics in the United States, serving a worldwide customer base. We are rapidly expanding our system design capabilities that include optical elements, opto-mechanical integration, electro-optics, and software development. Our location in Rochester, NY, the home of myriad top imaging companies, gives us many advantages - including access to new technologies, top optical engineers and research institutions. Show more

Sector
Optical Instruments & Lenses
Industry
Blank Checks
Headquarters
Lewes, Delaware, USA
Founded
2023
Syntec Optics Holdings Inc is listed in the Optical Instruments & Lenses sector of the NASDAQ with ticker OPTX. The last closing price for Syntec Optics was $3.34. Over the last year, Syntec Optics shares have traded in a share price range of $ 0.8451 to $ 8.38.

Syntec Optics currently has 36,688,266 shares outstanding. The market capitalization of Syntec Optics is $122.54 million. Syntec Optics has a price to earnings ratio (PE ratio) of 64.01.

OPTX Latest News

Matt Carey to Lead Business Development and Delivery at Syntec Optics (Nasdaq: OPTX)

ROCHESTER, NEW YORK, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. (“Syntec Optics” or the “Company”) (Nasdaq: OPTX), a leading provider of mission-critical products to advanced...

Mike Ransford Joins Syntec Optics (Nasdaq: OPTX) as Site Manager

ROCHESTER, NEW YORK, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. (“Syntec Optics” or the “Company”) (Nasdaq: OPTX), a leading provider of mission-critical products to advanced...

Syntec Optics (Nasdaq: OPTX) Secures $2.1M in New Orders for Space Optics

ROCHESTER, NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (Nasdaq: OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and...

Syntec Optics (Nasdaq: OPTX) to Host Conference Call to Discuss Financial Results and Business Update

ROCHESTER, NEW YORK, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (Nasdaq: OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and...

Syntec Optics Holdings, Inc. (Nasdaq: OPTX) Reports Third Quarter 2024 Financial Results

ROCHESTER, NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (Nasdaq: OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and...

Syntec Optics (Nasdaq: OPTX) Plans to Restart Production for Precision Laser Guidance Optics for Next Five Years

ROCHESTER, NEW YORK, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Syntec Optics (Nasdaq: OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and...

Syntec Optics (Nasdaq: OPTX) Chairman & CEO to Keynote the Future of Photonics that Enables the Tech Frontier from Artificial Intelligence to Quantum and Defense

ROCHESTER, NEW YORK, Sept. 24, 2024 (GLOBE NEWSWIRE) -- With nearly 11% of the global GDP light-enabled, Syntec Optics Chairman and CEO Al Kapoor is excited to deliver a keynote speech at the...

Syntec Optics Holdings, Inc. (Nasdaq: OPTX) Reports Second Quarter 2024 Financial Results

ROCHESTER, NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. (“Syntec Optics” or the “Company”) (Nasdaq: OPTX), a leading provider of mission-critical products to advanced...

Syntec Optics (Nasdaq: OPTX) to Host Conference Call to Discuss Financial Results and Business Update

ROCHESTER, NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Syntec Optics, a leading provider of mission-critical optics for scientific and technical instruments and equipment OEMs in diverse...

Syntec Optics (Nasdaq: OPTX) Launches Production of New Disposable Optics for Characterization of Biomolecules and Nanoparticles

ROCHESTER, NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Syntec Optics, a leading provider of mission-critical optics for scientific and technical instruments and equipment OEMs in diverse...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.3711.9354838713.14.512.8424100163.31620045CS
42.57285.5555555560.95.10.87662592422723.15425841CS
122.19171.093751.285.10.845130183323.12822091CS
260.5418.43003412972.935.10.845114408173.09258593CS
52-1.31-27.40585774064.788.380.84518834633.22183731CS
156-1.83-34.52830188685.310.430.84518285973.56522794CS
260-1.83-34.52830188685.310.430.84518285973.56522794CS

OPTX - Frequently Asked Questions (FAQ)

What is the current Syntec Optics share price?
The current share price of Syntec Optics is $ 3.47
How many Syntec Optics shares are in issue?
Syntec Optics has 36,688,266 shares in issue
What is the market cap of Syntec Optics?
The market capitalisation of Syntec Optics is USD 122.54M
What is the 1 year trading range for Syntec Optics share price?
Syntec Optics has traded in the range of $ 0.8451 to $ 8.38 during the past year
What is the PE ratio of Syntec Optics?
The price to earnings ratio of Syntec Optics is 64.01
What is the cash to sales ratio of Syntec Optics?
The cash to sales ratio of Syntec Optics is 4.3
What is the reporting currency for Syntec Optics?
Syntec Optics reports financial results in USD
What is the latest annual turnover for Syntec Optics?
The latest annual turnover of Syntec Optics is USD 29.44M
What is the latest annual profit for Syntec Optics?
The latest annual profit of Syntec Optics is USD 1.98M
What is the registered address of Syntec Optics?
The registered address for Syntec Optics is 16192 COASTAL HWY, LEWES, DELAWARE, 19958
What is the Syntec Optics website address?
The website address for Syntec Optics is www.omnilitac.com
Which industry sector does Syntec Optics operate in?
Syntec Optics operates in the BLANK CHECKS sector

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OPTX Discussion

View Posts
glenn1919 glenn1919 5 days ago
optx.................................https://stockcharts.com/h-sc/ui?s=OPTX&p=W&b=5&g=0&id=p86431144783T
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INV4 INV4 1 week ago
By the way, have you seen this? Seems a bit high to me, but what if they are right?

====================

Long-term OPTX price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Syntec Optics Holdings Inc financial reports and earnings history, Syntec Optics Holdings Inc (OPTX) stock could reach:

Syntec Optics Holdings Inc Stock (OPTX) is expected to reach an average price of $4.6761 in 2025, with a high prediction of $8.8617

$46.18 by 2030,
$131.64 by 2040
and $217.11 by 2050.

See the projected annual prices until 2050 of the Syntec Optics Holdings Inc stock below:

Syntec Optics Holdings Inc (OPTX) is expected to reach an average price of $81.87 in 2035, with a high prediction of $88.91 and a low estimate of $82.40. This indicates an +2515.61% change from the last recorded price of $3.13.

Syntec Optics Holdings Inc (OPTX) stock is projected to chart a bullish course in 2040, with an average price target of $123.49, representing an +3845.39% change from its current level. The forecast ranges from a conservative $123.79 to a sky-high $131.64.

Our analysts predict Syntec Optics Holdings Inc (OPTX) to change +5117.88% by 2045, soaring from $163.62 to an average price of $163.32, potentially reaching $174.37. While $163.62 is the low estimate, the potential upside is significant.

Syntec Optics Holdings Inc (OPTX) stock is expected to climb by 2050, reaching an average of $203.15, a +6390.38% change from its current level. However, a wide range of estimates exists, with high and low targets of $217.11 and $203.45, respectively, highlighting the market's uncertainty.

https://stockscan.io/stocks/OPTX/forecast

$OPTX
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glenn1919 glenn1919 1 week ago
optx........................................https://stockcharts.com/h-sc/ui?s=optx&p=W&b=5&g=0&id=p86431144783
👍️0
INV4 INV4 1 week ago
Hahaha 😃... this is a very interesting company.

Syntec Optics is one of the largest custom optics and photonics manufacturers in the United States. We have revolutionized the industry by manufacturing optics from polymers, which decrease the cost and weight and increases the biocompatibility of your optical systems. Syntec Optics is vertically integrated all the way from design and component manufacturing to assembly for all of your program’s requirements.

https://syntecoptics.com/

==============================

Mike Ransford Joins Syntec Optics (Nasdaq: OPTX) as Site Manager

December 16, 2024 16:15 ET | Source: Syntec Optics

ROCHESTER, NEW YORK, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Syntec Optics Holdings, Inc. (“Syntec Optics” or the “Company”) (Nasdaq: OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced the appointment of Michael J. Ransford as Site Manager. In this role, Ransford will oversee technology and operations.

With over 30 years of experience in engineering, operations, and business leadership, Ransford brings a wealth of expertise to Syntec Optics. His impressive career began at the forefront of the internet revolution in the 90s, contributing optics to the critical infrastructure using DWDM technology. Syntec Optics can benefit from this knowledge for its data center optical connectivity products, the growth of which is driven by artificial intelligence deployment. Mike later worked at Semrock, which was subsequently acquired by publicly listed company IDEX, where he contributed to operational efficiency improvements during top-line growth. Syntec Optics can benefit from this background for building efficiency while scaling manufacturing. At IDEX, Ransford advanced to Site Manager, applying his knowledge to global facilities. He later became VP of Life Sciences Optics at IDEX, successfully consolidating multiple optics facilities in Rochester, NY, with the support of government aid. Most recently, he worked in the thin film coating business, an area of vendor improvement for Syntec. He worked closely with investors, leading operations to drive growth from optics M&A using rigorous financial and operational performance metrics. All of this experience benefits Syntec Optics in its long-term M&A strategy.

“We are thrilled to welcome Mike to the Syntec Optics team,” said Dean Rudy, CFO at Syntec Optics. “His extensive experience and leadership skills, coupled with his proven track record of driving operational excellence and business growth, will be invaluable as we continue to innovate and expand our operations. We are confident that Mike will significantly contribute to our ongoing success.”

Ransford holds a Master’s degree in Electrical Engineering from Johns Hopkins University and a Bachelor’s in Electrical Engineering from the University of Michigan.

About Syntec Optics
Syntec Optics Holdings, Inc. (Nasdaq: OPTX), headquartered in Rochester, NY, is one of the largest custom and diverse end-market optics and photonics manufacturers in the United States. Operating for over two decades, Syntec Optics runs a state-of-the-art facility with extensive core capabilities of various optics manufacturing processes, both horizontally and vertically integrated, to provide a competitive advantage for mission-critical OEMs. Syntec Optics recently launched new products, including Low Earth Orbit (LEO) satellite optics, lightweight night vision goggle optics, biomedical equipment optics, and precision microlens arrays. To learn more, visit www.syntecoptics.com.

Forward-Looking Statements

This press release contains certain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended, including certain financial forecasts and projections. All statements other than statements of historical fact contained in this press release, including statements as to the transactions contemplated by the business combination and related agreements, future results of operations and financial position, revenue and other metrics, planned products and services, business strategy and plans, objectives of management for future operations of Syntec Optics, market size, and growth opportunities, competitive position and technological and market trends, are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “plan,” “targets,” “projects,” “could,” “would,” “continue,” “forecast” or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors (some of which are beyond the control of Syntec Optics), which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts and assumptions that, while considered reasonable by Syntec Optics and its management, as the case may be, are inherently uncertain and many factors may cause the actual results to differ materially from current expectations which include, but are not limited to: 1) risk outlined in any prior SEC filings; 2) ability of Syntec Optics to successfully increase market penetration into its target markets; 3) the addressable markets that Syntec Optics intends to target do not grow as expected; 4) the loss of any key executives; 5) the loss of any relationships with key suppliers including suppliers abroad; 6) the loss of any relationships with key customers; 7) the inability to protect Syntec Optics’ patents and other intellectual property; 8) the failure to successfully execute manufacturing of announced products in a timely manner or at all, or to scale to mass production; 9) costs related to any further business combination; 10) changes in applicable laws or regulations; 11) the possibility that Syntec Optics may be adversely affected by other economic, business and/or competitive factors; 12) Syntec Optics’ estimates of its growth and projected financial results for the future and meeting or satisfying the underlying assumptions with respect thereto; 13) the impact of any pandemic, including any mutations or variants thereof and the Russian/Ukrainian or Israeli conflict, and any resulting effect on business and financial conditions; 14) inability to complete any investments or borrowings in connection with any organic or inorganic growth; 15) the potential for events or circumstances that result in Syntec Optics’ failure to timely achieve the anticipated benefits of Syntec Optics’ customer arrangements; and 16) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in prior SEC filings including registration statement on Form S-4 filed with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Syntec Optics does not give any assurance that Syntec Optics will achieve its expected results. Syntec Optics does not undertake any duty to update these forward-looking statements except as otherwise required by law.

For further information, please contact:

Sara Hart
Investor Relations
InvestorRelations@syntecoptics.com

SOURCE: Syntec Optics Holdings, Inc. (Nasdaq: OPTX)

https://www.globenewswire.com/news-release/2024/12/16/2997892/0/en/Mike-Ransford-Joins-Syntec-Optics-Nasdaq-OPTX-as-Site-Manager.html

$OPTX
👍️0
LowFloatLopes LowFloatLopes 1 week ago
lol I know I know I was just waiting for someone to reply to hahah 
👍️ 1
INV4 INV4 1 week ago
Not everyone posts all the time, but I'm in LOL

$OPTX
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LowFloatLopes LowFloatLopes 1 week ago
I guess I'm the only one that likes money
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LowFloatLopes LowFloatLopes 1 week ago
$5 pleaseeeee
👍️ 1
LowFloatLopes LowFloatLopes 1 week ago
Boom fuck ya 
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LowFloatLopes LowFloatLopes 1 week ago
Lfggggg!!!!! 
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LowFloatLopes LowFloatLopes 2 weeks ago
I'm at $2.22 
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SantaZar SantaZar 2 weeks ago
$OPTX - Gain: 237% #DDAmanda Video Analysis - #1 Stock Screener / Scanner

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Z
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TrendTrade2016 TrendTrade2016 2 weeks ago
LOVE HOW ALL THE MAGGOTS TAKING CREDIT FOR MY FRIDAY CALL...MAGGOT INFESTED ROACHES...
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Penny2Dime Penny2Dime 2 weeks ago
Huge!
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LowFloatLopes LowFloatLopes 2 weeks ago
Wow $5!
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TrendTrade2016 TrendTrade2016 2 weeks ago
CLOWN FAKE TRADERS HAVE NO CLUE HOW TO READ A CHART
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TrendTrade2016 TrendTrade2016 2 weeks ago
OPTX BREAKING 5 BUCKS
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TrendTrade2016 TrendTrade2016 2 weeks ago
OPTX 4 DOLLA ...BUT WON'T HOLD AS NOBODY CAN SELL YET
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TrendTrade2016 TrendTrade2016 2 weeks ago
OPTX DO WE DARE SEE 4.00
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TrendTrade2016 TrendTrade2016 2 weeks ago
OPTX MONSTER
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tw0122 tw0122 2 weeks ago
Back fill some anywhere between  $1.75- $2.55 that's where you can watch for a dip. But maybe it just zooms back past $3s as a gapper. More likely 

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BIOCHEMUP BIOCHEMUP 2 weeks ago
Probably continues running in premarket.
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tw0122 tw0122 2 weeks ago
I myself thinks $3 hit a good exit for most flippers because next zone may be later on
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BIOCHEMUP BIOCHEMUP 2 weeks ago
Wtf is happening Here??
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knrorrel knrorrel 2 weeks ago
Sounds great https://ca.finance.yahoo.com/news/syntec-optics-nasdaq-optx-plans-131000091.html
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knrorrel knrorrel 2 weeks ago
https://ca.finance.yahoo.com/quote/OPTX/
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knrorrel knrorrel 2 weeks ago
WOW 🚀
🤑
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knrorrel knrorrel 2 weeks ago
I wonder where we will be on Friday ?
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knrorrel knrorrel 2 weeks ago
AWESOME
😍 1
BIOCHEMUP BIOCHEMUP 2 weeks ago
Why is this quantum??
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BIOCHEMUP BIOCHEMUP 2 weeks ago
Holy shit
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tw0122 tw0122 2 weeks ago
You missed the little monster $2.80s up 140% now
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tw0122 tw0122 2 weeks ago
$3.05- $4 next zone likely hit
🚀 1
tw0122 tw0122 2 weeks ago
Still going '$2s '$2.34 + 34% afterhours 
🔥 1
TrendTrade2016 TrendTrade2016 2 weeks ago
OPTX BEAST
👍️0
TrendTrade2016 TrendTrade2016 2 weeks ago
OPTX MONSTER
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knrorrel knrorrel 2 weeks ago
thx ...for the tip of this next quantum runner, who was previously unnoticed and is now finally getting attention and how qbts should run / get to 7 dollars and more
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knrorrel knrorrel 2 weeks ago
🔥 $OPTX with a small dip before this new totally undervalued Quantum runner runs above $2 and this stock is not even up 100% from the all-time low and could make a big jump here 🔥🔥🔥
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TrendTrade2016 TrendTrade2016 3 weeks ago
OPTX LOTS OF ROOM UNDER THAT WEEKLY CLOUD
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TrendTrade2016 TrendTrade2016 3 weeks ago
OPTX NEXT MINI TECH PLAY
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glenn1919 glenn1919 4 months ago
OPTX...........................https://stockcharts.com/h-sc/ui?s=OPTX&p=W&b=5&g=0&id=p86431144783T
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