Synchrony Financial (SYF) concluded trading on Wednesday at a closing price of $49.52, with 2.89 million shares of worth about $143.04 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 21.16% during that period and on August 28, 2024 the price saw a gain of about 1.45%. Currently the company’s common shares owned by public are about 406.88M shares, out of which, 392.43M shares are available for trading.
Stock saw a price change of 4.83% in past 5 days and over the past one month there was a price change of -2.88%. Year-to-date (YTD), SYF shares are showing a performance of 29.67% which increased to 54.85% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $27.30 but also hit the highest price of $52.67 during that period. The average intraday trading volume for Synchrony Financial shares is 3.60 million. The stock is currently trading 5.96% above its 20-day simple moving average (SMA20), while that difference is up 4.04% for SMA50 and it goes to 19.00% higher than SMA200.
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Synchrony Financial (NYSE: SYF) currently have 406.88M outstanding shares and institutions hold larger chunk of about 101.76% of that.
The stock has a current market capitalization of $19.57B and its 3Y-monthly beta is at 1.61. PE ratio of stock for trailing 12 months is 6.88, while it has posted earnings per share of $7.20 in the same period. Its PEG reads 0.53 while making debt-to-equity ratio of 1.01. 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 1.80% while standing at 2.66% over the month.
Stock’s fiscal year EPS is expected to rise by 22.49% while it is estimated to decrease by -6.27% 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 BofA Securities on August 09, 2024 offering a Buy rating for the stock and assigned a target price of $54 to it. Coverage by Compass Point stated Synchrony Financial (SYF) stock as a Buy in their note to investors on July 16, 2024, suggesting a price target of $56 for the stock. On June 28, 2024, Robert W. Baird Initiated their recommendations, while on June 07, 2024, BTIG Research Initiated their ratings for the stock with a price target of $60. Stock get an Outperform rating from Keefe Bruyette on May 02, 2024.
