Synchrony Financial (SYF) concluded trading on Wednesday at a closing price of $43.96, with 4.14 million shares of worth about $181.78 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 55.17% during that period and on May 01, 2024 the price saw a loss of about -0.05%. Currently the company’s common shares owned by public are about 406.88M shares, out of which, 398.54M shares are available for trading.
Stock saw a price change of -2.35% in past 5 days and over the past one month there was a price change of 7.22%. Year-to-date (YTD), SYF shares are showing a performance of 15.11% which increased to 52.27% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $26.59 but also hit the highest price of $45.46 during that period. The average intraday trading volume for Synchrony Financial shares is 4.38 million. The stock is currently trading 4.40% above its 20-day simple moving average (SMA20), while that difference is up 5.20% for SMA50 and it goes to 23.22% higher than SMA200.
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Synchrony Financial (NYSE: SYF) currently have 406.88M outstanding shares and institutions hold larger chunk of about 101.19% of that.
The stock has a current market capitalization of $17.65B and its 3Y-monthly beta is at 1.58. PE ratio of stock for trailing 12 months is 6.31, while it has posted earnings per share of $6.97 in the same period. Its PEG reads 0.49 while making debt-to-equity ratio of 1.06. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SYF, volatility over the week remained 2.35% while standing at 2.63% over the month.
Analysts are in expectations that Synchrony Financial (SYF) stock would likely to be making an EPS of $1.44 in the current quarter, while forecast for next quarter EPS is $1.81 and it is $5.92 for next year. For the current quarter EPS, analysts have given the company a lowest target $1.11 which is $2.03 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $1.32 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 17.21% while it is estimated to decrease by -1.95% in next year. EPS is likely to grow at an annualized rate of 13.00% for next 5-years, compared to annual growth of 6.75% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wolfe Research on April 04, 2024 offering an Outperform rating for the stock and assigned a target price range of between $36 and $50 to it. Coverage by Morgan Stanley stated Synchrony Financial (SYF) stock as an Underweight in their note to investors on February 08, 2024, suggesting a price target of $30 for the stock. On January 10, 2024, Deutsche Bank Initiated their recommendations, while on January 10, 2024, BMO Capital Markets Downgrade their ratings for the stock with a price target of $40. Stock get an Equal weight rating from Barclays on November 15, 2023.
