Synchrony Financial [SYF] Is Currently -3.27 below its 200 Period Moving Avg: What Does This Mean?

Synchrony Financial [NYSE: SYF] price plunged by -3.27 percent to reach at -$1.07. The company report on September 19, 2022 that Synchrony to Announce Third Quarter 2022 Financial Results on October 25, 2022.


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Synchrony (NYSE: SYF) plans to report its third quarter 2022 results on Tuesday, October 25, 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.

A sum of 4742365 shares traded at recent session while its average daily volume was at 5.34M shares. Synchrony Financial shares reached a high of $32.22 and dropped to a low of $31.19 until finishing in the latest session at $31.64.

The one-year SYF stock forecast points to a potential upside of 21.99. The average equity rating for SYF stock is currently 2.30, 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 $40.56 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 2.30. 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.

Wells Fargo have made an estimate for Synchrony Financial shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on July 13, 2022. The new note on the price target was released on May 12, 2022, representing the official price target for Synchrony Financial stock. Previously, the target price had yet another raise from $48 to $49, while Piper Sandler kept a Overweight rating on SYF stock. On March 28, 2022, analysts decreased their price target for SYF shares from 56 to 40.

The Average True Range (ATR) for Synchrony Financial is set at 1.18, 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 1.23, with the Price to Cash per share for the same quarter was set at 22.11. Price to Free Cash Flow for SYF in the course of the last twelve months was 2.33.

SYF Stock Performance Analysis:

Synchrony Financial [SYF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.13. With this latest performance, SYF shares dropped by -7.78% in over the last four-week period, additionally sinking by -13.03% over the last 6 months – not to mention a drop of -33.08% 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 43.43, with the RSI for the last a single of trading hit 41.20, and the three-weeks RSI is set at 45.15 for Synchrony Financial [SYF]. The present Moving Average for the last 50 days of trading for this stock 33.17, while it was recorded at 32.24 for the last single week of trading, and 37.55 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 +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.

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 -8.80%.

Synchrony Financial [SYF] Insider Position Details

There are presently around $14,614 million, in the hands of institutional investors. The top three institutional holders of SYF stocks are: VANGUARD GROUP INC with ownership of 62,810,512, which is approximately -0.43% of the company’s market cap and around 0.50% of the total institutional ownership; CAPITAL WORLD INVESTORS, holding 48,263,980 shares of the stock with an approximate value of $1.53 billion in SYF stocks shares; and BLACKROCK INC., currently with $1.37 billion in SYF stock with ownership of nearly -9.187% 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 313 institutional holders increased their position in Synchrony Financial [NYSE:SYF] by around 31,130,533 shares. Additionally, 381 investors decreased positions by around 47,900,988 shares, while 90 investors held positions by with 382,867,322 shares. The mentioned changes placed institutional holdings at 461,898,843 shares, according to the latest SEC report filing. SYF stock had 67 new institutional investments in for a total of 3,737,354 shares, while 103 institutional investors sold positions of 3,297,270 shares during the same period.

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