For Synchrony Financial [SYF], Analyst sees a rise to $30. What next?

Synchrony Financial [NYSE: SYF] surged by $0.94 during the normal trading session on Monday and reaching a high of $26.175 during the day while it closed the day at $25.96. The company report on October 28, 2020 that Twenty Small Businesses Win Synchrony Pillars Project Awards.

This annual program honors small business owners and healthcare providers who have supported their communities through times of change.

Synchrony, a premier consumer financial services company, today announced 20 winners of its Synchrony Pillars Project awards during its virtual Envision conference, an exclusive event for Synchrony clients, providers and partners. Since 2016, Synchrony’s small business awards program has honored small business owners who have supported their communities through times of change. Each winner will receive a $10,000 prize to grow its business and honor its resiliency and ability to transform the lives of those in their communities.

Synchrony Financial stock has also loss -3.46% of its value over the past 7 days. However, SYF stock has inclined by 14.61% in the 3 months of the year. Over the past six months meanwhile, it has gained 44.22% and lost -27.91% year-on date.

The market cap for SYF stock reached $15.42 billion, with 583.80 million shares outstanding and 581.28 million shares in the current float. Compared to the average trading volume of 5.01M shares, SYF reached a trading volume of 3542496 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say 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 $32.42 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 1.05, with the Price to Sales ratio for SYF stock in the period of the last 12 months amounting to 0.93. The Price to Book ratio for the last quarter was 1.33, with the Price to Cash per share for the same quarter was set at 22.81. Price to Free Cash Flow for SYF in the course of the last twelve months was 2.14.

SYF stock trade performance evaluation

Synchrony Financial [SYF] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.46. With this latest performance, SYF shares dropped by -5.46% in over the last four-week period, additionally plugging by 44.22% over the last 6 months – not to mention a drop of -27.36% 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 44.83, with the RSI for the last a single of trading hit 42.01, and the three-weeks RSI is set at 46.99 for Synchrony Financial [SYF]. The present Moving Average for the last 50 days of trading for this stock 26.58, while it was recorded at 25.57 for the last single week of trading, and 23.99 for the last 200 days.

Synchrony Financial [SYF]: An insightful look at the core fundamentals

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.

Earnings per share (EPS) analysis for Synchrony Financial [SYF] stock

With the latest financial reports released by the company, Synchrony Financial posted 1.1/share EPS, while the average EPS was predicted by analysts to be reported at 1.07/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 2.80%. 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%.

Synchrony Financial [SYF]: Insider Ownership positions

There are presently around $13,574 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 $1.08 billion in SYF stocks shares; and FMR LLC, currently with $1.04 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 October and at the time of the October reporting period, where 272 institutional holders increased their position in Synchrony Financial [NYSE:SYF] by around 85,160,036 shares. Additionally, 331 investors decreased positions by around 67,446,961 shares, while 67 investors held positions by with 389,937,570 shares. The mentioned changes placed institutional holdings at 542,544,567 shares, according to the latest SEC report filing. SYF stock had 83 new institutional investments in for a total of 17,144,114 shares, while 75 institutional investors sold positions of 5,787,475 shares during the same period.

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