Investors Should Take Note Of Synchrony Financial (SYF)

Synchrony Financial (SYF) concluded trading on Wednesday at a closing price of $54.52, with 4.93 million shares of worth about $268.66 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 15.19% during that period and on Wednesday the price saw a gain of about 2.77%. Currently the company’s common shares owned by public are about 388.26M shares, out of which, 386.95M shares are available for trading.

Stock saw a price change of 1.70% in past 5 days and over the past one month there was a price change of -16.50%. Year-to-date (YTD), SYF shares are showing a performance of -16.12% which increased to 30.49% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $39.67 but also hit the highest price of $70.93 during that period. The average intraday trading volume for Synchrony Financial shares is 4.14 million. The stock is currently trading -3.34% below its 20-day simple moving average (SMA20), while that difference is down -13.30% for SMA50 and it goes to -2.36% lower than SMA200.

Synchrony Financial (NYSE: SYF) currently have 388.26M outstanding shares and institutions hold larger chunk of about 99.09% of that.

The stock has a current market capitalization of $21.19B and its 3Y-monthly beta is at 1.45. PE ratio of stock for trailing 12 months is 6.39, while it has posted earnings per share of $8.53 in the same period. Its PEG reads 0.37 while making debt-to-equity ratio of 0.93. 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 3.50% while standing at 4.11% over the month.

Stock’s fiscal year EPS is expected to rise by 17.12% while it is estimated to increase by 15.19% in next year. EPS is likely to grow at an annualized rate of 17.35% for next 5-years, compared to annual growth of 8.99% 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 Compass Point on January 28, 2025 offering a Neutral rating for the stock and assigned a target price of $70 to it. Coverage by Barclays stated Synchrony Financial (SYF) stock as an Overweight in their note to investors on January 06, 2025, suggesting a price target of $79 for the stock. On December 19, 2024, Morgan Stanley Upgrade their recommendations, while on December 09, 2024, JP Morgan Upgrade their ratings for the stock with a price target of $72. Stock get an Overweight rating from Wells Fargo on December 03, 2024.

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