• The company is buffeted a bit by shortages and a soft mobile market.
• We believe these are mostly transitory problems, apart from perhaps the somewhat declined prospects for their in-display ID sensor.
• Mobile growth will resume, and the transition to IoT and automotive is proceeding nicely.
• We think the shares are fairly cheap here, and investors should have more respect for increasing margins and solid cash flow.

Source: Synaptics Is Cheap And Positioned Well For A Rebound – Synaptics Incorporated (NASDAQ:SYNA) | Seeking Alpha