For Synchrony Financial [SYF], Analyst sees a rise to $22. What next?

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Synchrony Financial [NYSE: SYF] traded at a low on 06/28/22, posting a -1.66 loss after which it closed the day’ session at $28.96. The company report on June 27, 2022 that Synchrony to Announce Second Quarter 2022 Financial Results on July 18, 2022.


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Synchrony (NYSE: SYF) plans to report its second quarter 2022 results on Monday, July 18, 2022. The earnings release and presentation materials are scheduled to be released and posted to the Investor Relations section of the Company’s website, www.investors.synchronyfinancial.com, at approximately 6:00 a.m. Eastern Time.  A conference call to discuss Synchrony’s results will be held at 8:00 a.m. Eastern Time on that day; the live audio webcast and replay can be accessed through the same website under Events and Presentations.

The results of the trading session contributed to over 4402940 shares changing hands. Over the past one week, the price volatility of Synchrony Financial stands at 4.56% while the volatility over the past one month is 4.29%.

The market cap for SYF stock reached $13.87 billion, with 515.30 million shares outstanding and 499.43 million shares in the current float. Compared to the average trading volume of 6.97M shares, SYF reached a trading volume of 4402940 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus 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 $48.94 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 2.10. 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.

Wolfe Research have made an estimate for Synchrony Financial shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on May 12, 2022. While these analysts kept the previous recommendation, Piper Sandler raised their target price from $48 to $49. The new note on the price target was released on April 06, 2022, representing the official price target for Synchrony Financial stock. Previously, the target price had yet another drop from $56 to $40, while Morgan Stanley kept a Equal-Weight rating on SYF stock.

The Average True Range (ATR) for Synchrony Financial is set at 1.52, with the Price to Sales ratio for SYF stock in the period of the last 12 months amounting to 0.89. The Price to Book ratio for the last quarter was 1.18, with the Price to Cash per share for the same quarter was set at 22.00. Price to Free Cash Flow for SYF in the course of the last twelve months was 2.25.

How has SYF stock performed recently?

Synchrony Financial [SYF] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.89. With this latest performance, SYF shares dropped by -17.68% in over the last four-week period, additionally sinking by -37.29% over the last 6 months – not to mention a drop of -40.28% 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 37.32, with the RSI for the last a single of trading hit 36.34, and the three-weeks RSI is set at 38.60 for Synchrony Financial [SYF]. The present Moving Average for the last 50 days of trading for this stock 34.67, while it was recorded at 29.04 for the last single week of trading, and 42.27 for the last 200 days.

Synchrony Financial [SYF]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Synchrony Financial [SYF] shares currently have an operating margin of +53.18 and a Gross Margin at +91.94. Synchrony Financial’s Net Margin is presently recorded at +37.61.

Return on Equity for this stock inclined to 32.03, with Return on Assets sitting at 4.40.

Earnings analysis for Synchrony Financial [SYF]

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 35.92%.

Insider trade positions for Synchrony Financial [SYF]

There are presently around $14,109 million, or 99.10% of SYF stock, in the hands of institutional investors. The top three institutional holders of SYF stocks are: VANGUARD GROUP INC with ownership of 63,081,955, which is approximately -3.691% of the company’s market cap and around 0.50% of the total institutional ownership; CAPITAL WORLD INVESTORS, holding 49,292,580 shares of the stock with an approximate value of $1.45 billion in SYF stocks shares; and BLACKROCK INC., currently with $1.41 billion in SYF stock with ownership of nearly 2.359% of the company’s market capitalization.

Positions in Synchrony Financial stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 329 institutional holders increased their position in Synchrony Financial [NYSE:SYF] by around 38,606,686 shares. Additionally, 415 investors decreased positions by around 63,428,794 shares, while 99 investors held positions by with 377,037,413 shares. The mentioned changes placed institutional holdings at 479,072,893 shares, according to the latest SEC report filing. SYF stock had 71 new institutional investments in for a total of 7,565,786 shares, while 117 institutional investors sold positions of 4,775,468 shares during the same period.

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