Synchrony Financial [SYF] Revenue clocked in at $15.40 billion, up 29.07% YTD: What’s Next?

Synchrony Financial [NYSE: SYF] price plunged by -4.13 percent to reach at -$1.93. The company report on July 15, 2021 that Synchrony Renews Decade-Long Consumer Financing Strategic Partnership.

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Synchrony (NYSE: SYF), a premier consumer financial services company, announced a multi-year extension of their consumer financing program with The TJX Companies, Inc., the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. The relationship began in 2011.

As part of the renewal, Synchrony will continue to be the exclusive provider of the TJX Rewards® and TJX Rewards MasterCard® credit card programs for TJX customers. Qualifying cardholders can continue to access loyalty rewards with a TJX Rewards® or TJX Rewards MasterCard® credit card for use in T.J. Maxx, Marshalls, HomeGoods, Homesense and Sierra stores, as well as the company’s e-commerce sites in the United States. Access to mobile account management and other exclusive benefits will not change.*.

A sum of 7364729 shares traded at recent session while its average daily volume was at 5.67M shares. Synchrony Financial shares reached a high of $45.60 and dropped to a low of $44.35 until finishing in the latest session at $44.80.

The one-year SYF stock forecast points to a potential upside of 14.14. The average equity rating for SYF stock is currently 1.90, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on 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 1.55, with the Price to Sales ratio for SYF stock in the period of the last 12 months amounting to 1.73. The Price to Book ratio for the last quarter was 2.06, with the Price to Cash per share for the same quarter was set at 27.98. Price to Free Cash Flow for SYF in the course of the last twelve months was 3.66.

SYF Stock Performance Analysis:

Synchrony Financial [SYF] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.49. With this latest performance, SYF shares dropped by -5.70% in over the last four-week period, additionally plugging by 15.55% over the last 6 months – not to mention a rise of 93.02% 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 37.11, with the RSI for the last a single of trading hit 30.88, and the three-weeks RSI is set at 41.62 for Synchrony Financial [SYF]. The present Moving Average for the last 50 days of trading for this stock 47.80, while it was recorded at 47.08 for the last single week of trading, and 38.60 for the last 200 days.

Insight into Synchrony Financial 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.

SYF Stock EPS

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 Position Details

There are presently around $23,995 million, or 96.20% 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 $2.27 billion in SYF stocks shares; and BLACKROCK INC., currently with $2.01 billion in SYF stock with ownership of nearly 8.374% of the company’s market capitalization.

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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 375 institutional holders increased their position in Synchrony Financial [NYSE:SYF] by around 64,581,248 shares. Additionally, 312 investors decreased positions by around 67,972,985 shares, while 77 investors held positions by with 403,042,505 shares. The mentioned changes placed institutional holdings at 535,596,738 shares, according to the latest SEC report filing. SYF stock had 118 new institutional investments in for a total of 9,027,810 shares, while 60 institutional investors sold positions of 26,583,143 shares during the same period.

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