Synchrony Financial [NYSE: SYF] closed the trading session at $48.73 on 07/09/21. The day’s price range saw the stock hit a low of $47.92, while the highest price level was $48.86. The company report on June 29, 2021 that Nearly Half of Employers Plan to Increase Corporate Gifting Frequency Post Pandemic, According to Coresight Research and GiftNow.
Study finds U.S. corporate gifting market experiencing 8.1% CAGR and will top $242 billion this year.
Corporate gifting is on the rise as nearly fifty percent of businesses say they intend to increase the frequency of their gift giving post COVID-19, according to a new corporate gifting survey from Coresight Research commissioned by GiftNow, a Synchrony (NYSE: SYF) solution.
The stocks have a year to date performance of 40.39 percent and weekly performance of -0.29 percent. The stock has been moved at 32.74 percent over the last six months. The stock has performed -2.68 percent around the most recent 30 days and changed 13.86 percent over the most recent 3-months.
If compared to the average trading volume of 5.73M shares, SYF reached to a volume of 4580573 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 $52.18 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.
Citigroup have made an estimate for Synchrony Financial shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 09, 2021. The new note on the price target was released on April 14, 2021, representing the official price target for Synchrony Financial stock. Previously, the target price had yet another raise to $49, while Evercore ISI analysts kept a Outperform rating on SYF stock.
The Average True Range (ATR) for Synchrony Financial is set at 1.33, with the Price to Sales ratio for SYF stock in the period of the last 12 months amounting to 1.76. The Price to Book ratio for the last quarter was 2.24, with the Price to Cash per share for the same quarter was set at 29.81. Price to Free Cash Flow for SYF in the course of the last twelve months was 3.73.
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 -0.29. With this latest performance, SYF shares dropped by -2.68% in over the last four-week period, additionally plugging by 32.74% over the last 6 months – not to mention a rise of 128.35% 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 53.03, with the RSI for the last a single of trading hit 53.16, and the three-weeks RSI is set at 53.88 for Synchrony Financial [SYF]. The present Moving Average for the last 50 days of trading for this stock 47.43, while it was recorded at 48.06 for the last single week of trading, and 37.94 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 +19.14 and a Gross Margin at +88.92. Synchrony Financial’s Net Margin is presently recorded at +10.80.
Return on Total Capital for SYF is now 7.74, given the latest momentum, and Return on Invested Capital for the company is 5.09. Return on Equity for this stock inclined to 9.97, with Return on Assets sitting at 1.38. When it comes to the capital structure of this company, Synchrony Financial [SYF] has a Total Debt to Total Equity ratio set at 124.20. Additionally, SYF Total Debt to Total Capital is recorded at 55.40, with Total Debt to Total Assets ending up at 16.44. Long-Term Debt to Equity for the company is recorded at 91.50, with the Long-Term Debt to Total Capital now at 38.45.
Reflecting on the efficiency of the workforce at the company, Synchrony Financial [SYF] managed to generate an average of $83,939 per employee.
Earnings per share (EPS) analysis for Synchrony Financial [SYF] stock
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 3.05%.
Synchrony Financial [SYF]: Insider Ownership positions
There are presently around $26,084 million, or 95.90% of SYF stock, in the hands of institutional investors. The top three institutional holders of SYF stocks are: VANGUARD GROUP INC with ownership of 63,183,822, which is approximately 0.969% of the company’s market cap and around 0.40% of the total institutional ownership; CAPITAL WORLD INVESTORS, holding 50,735,675 shares of the stock with an approximate value of $2.47 billion in SYF stocks shares; and BLACKROCK INC., currently with $2.18 billion in SYF stock with ownership of nearly 8.374% 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 365 institutional holders increased their position in Synchrony Financial [NYSE:SYF] by around 64,877,693 shares. Additionally, 311 investors decreased positions by around 67,358,345 shares, while 74 investors held positions by with 403,034,926 shares. The mentioned changes placed institutional holdings at 535,270,964 shares, according to the latest SEC report filing. SYF stock had 109 new institutional investments in for a total of 9,344,814 shares, while 59 institutional investors sold positions of 25,895,396 shares during the same period.