Synchrony Financial [SYF] Is Currently 0.96 below its 200 Period Moving Avg: What Dose This Mean?

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Synchrony Financial [NYSE: SYF] gained 0.96% or 0.28 points to close at $29.38 with a heavy trading volume of 3542122 shares. The company report on October 14, 2020 that Synchrony Named One of America’s Most JUST Companies by Forbes and JUST Capital.

The prestigious Forbes JUST 100 recognizes companies taking care of all their stakeholders – workers, customers, communities, the environment, and shareholders.

Synchrony has been named one of the top 20 companies on the 2021 Forbes JUST 100 published by Forbes and JUST Capital, which showcases companies that are the nation’s top corporate citizens. Synchrony ranked No. 20 overall – up 27 places from last year – and No. 2 within the consumer and diversified finance sector. Within the sector, Synchrony earned the No. 1 spot for its commitment to workers and customers.

It opened the trading session at $29.31, the shares rose to $29.865 and dropped to $29.21, the range by which the price of stock traded the whole day. The daily chart for SYF points out that the company has recorded 88.45% gains over the past six months. However, it is still -141.81% lower than its most recent low trading price.

If we look at the average trading volume of 5.03M shares, SYF reached to a volume of 3542122 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Synchrony Financial [SYF]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SYF shares is $31.03 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SYF stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Deutsche Bank have made an estimate for Synchrony Financial shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 10, 2020. The new note on the price target was released on July 31, 2020, representing the official price target for Synchrony Financial stock. Previously, the target price had yet another raise to $24, while JP Morgan analysts kept a Neutral rating on SYF stock.

The Average True Range (ATR) for Synchrony Financial is set at 0.97, with the Price to Sales ratio for SYF stock in the period of the last 12 months amounting to 0.95. The Price to Book ratio for the last quarter was 1.54, with the Price to Cash per share for the same quarter was set at 28.27. Price to Free Cash Flow for SYF in the course of the last twelve months was 2.10.

Trading performance analysis for SYF stock

Synchrony Financial [SYF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.87. With this latest performance, SYF shares gained by 6.30% in over the last four-week period, additionally plugging by 88.45% over the last 6 months – not to mention a drop of -13.54% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SYF stock in for the last two-week period is set at 66.75, with the RSI for the last a single of trading hit 69.73, and the three-weeks RSI is set at 63.90 for Synchrony Financial [SYF]. The present Moving Average for the last 50 days of trading for this stock 26.06, while it was recorded at 28.91 for the last single week of trading, and 24.47 for the last 200 days.

Synchrony Financial [SYF]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Synchrony Financial [SYF] shares currently have an operating margin of +31.32 and a Gross Margin at +88.03. Synchrony Financial’s Net Margin is presently recorded at +24.01.

Return on Total Capital for SYF is now 13.27, given the latest momentum, and Return on Invested Capital for the company is 11.81. Return on Equity for this stock inclined to 25.18, with Return on Assets sitting at 3.54. When it comes to the capital structure of this company, Synchrony Financial [SYF] has a Total Debt to Total Equity ratio set at 131.67. Additionally, SYF Total Debt to Total Capital is recorded at 56.83, with Total Debt to Total Assets ending up at 18.95. Long-Term Debt to Equity for the company is recorded at 109.08, with the Long-Term Debt to Total Capital now at 44.80.

Reflecting on the efficiency of the workforce at the company, Synchrony Financial [SYF] managed to generate an average of $227,091 per employee.

Synchrony Financial [SYF]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Synchrony Financial posted 1.22/share EPS, while the average EPS was predicted by analysts to be reported at 1.13/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 8.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SYF. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Synchrony Financial go to -14.90%.

An analysis of insider ownership at Synchrony Financial [SYF]

There are presently around $15,964 million, in the hands of institutional investors. The top three institutional holders of SYF stocks are: VANGUARD GROUP INC with ownership of 65,754,244, which is approximately 25.985% of the company’s market cap and around 0.30% of the total institutional ownership; CAPITAL WORLD INVESTORS, holding 43,021,626 shares of the stock with an approximate value of $1.26 billion in SYF stocks shares; and FMR LLC, currently with $1.22 billion in SYF stock with ownership of nearly 18.513% of the company’s market capitalization.

Positions in Synchrony Financial stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 271 institutional holders increased their position in Synchrony Financial [NYSE:SYF] by around 87,822,113 shares. Additionally, 350 investors decreased positions by around 70,707,042 shares, while 56 investors held positions by with 384,829,904 shares. The mentioned changes placed institutional holdings at 543,359,059 shares, according to the latest SEC report filing. SYF stock had 86 new institutional investments in for a total of 19,546,311 shares, while 81 institutional investors sold positions of 6,154,975 shares during the same period.

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