Synovus Financial Corp. (SNV) concluded trading on Thursday at a closing price of $44.99, with 3.12 million shares of worth about $140.56 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 28.21% during that period and on July 18, 2024 the price saw a loss of about -1.01%. Currently the company’s common shares owned by public are about 146.71M shares, out of which, 145.56M shares are available for trading.
Stock saw a price change of 6.11% in past 5 days and over the past one month there was a price change of 20.75%. Year-to-date (YTD), SNV shares are showing a performance of 19.50% which increased to 30.82% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $24.40 but also hit the highest price of $46.27 during that period. The average intraday trading volume for Synovus Financial Corp. shares is 1.39 million. The stock is currently trading 11.85% above its 20-day simple moving average (SMA20), while that difference is up 14.64% for SMA50 and it goes to 26.10% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Synovus Financial Corp. (NYSE: SNV) currently have 146.71M outstanding shares and institutions hold larger chunk of about 85.06% of that.
The stock has a current market capitalization of $6.59B and its 3Y-monthly beta is at 1.43. PE ratio of stock for trailing 12 months is 27.67, while it has posted earnings per share of $1.63 in the same period. It has a debt-to-equity ratio of 0.47. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SNV, volatility over the week remained 3.81% while standing at 2.74% over the month.
Stock’s fiscal year EPS is expected to drop by -4.75% while it is estimated to increase by 16.02% in next year. EPS is likely to shrink at an annualized rate of -1.40% for next 5-years, compared to annual growth of -0.04% 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 Barclays on June 24, 2024 offering an Overweight rating for the stock and assigned a target price range of between $39 and $46 to it. Coverage by Keefe Bruyette stated Synovus Financial Corp. (SNV) stock as a Mkt perform in their note to investors on April 19, 2024, suggesting a price target of $38 for the stock. On April 18, 2024, Raymond James Downgrade their recommendations, while on March 08, 2024, Barclays Initiated their ratings for the stock with a price target of $42. Stock get a Buy rating from UBS on January 08, 2024.
