Synchrony Financial [NYSE: SYF] loss -2.55% or -0.81 points to close at $30.92 with a heavy trading volume of 7089377 shares. The company report on September 5, 2023 at 8:00 AM that Synchrony to Participate in the Barclays Global Financial Services Conference.
Synchrony (NYSE: SYF) Chief Financial Officer, Brian J. Wenzel, will participate in a fireside chat at the Barclays Global Financial Services Conference on Monday, September 11, 2023, at 9:00 a.m. (Eastern Time).
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A live webcast and replay will be made available on the Synchrony Investor Relations website at www.investors.synchronyfinancial.com.
It opened the trading session at $31.37, the shares rose to $31.57 and dropped to $30.67, the range by which the price of stock traded the whole day. The daily chart for SYF points out that the company has recorded -10.32% loss over the past six months. However, it is still -16.28% lower than its most recent low trading price.
If we look at the average trading volume of 4.09M shares, SYF reached to a volume of 7089377 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $39.29 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 2.60. 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.
RBC Capital Mkts have made an estimate for Synchrony Financial shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on September 05, 2023.
The Average True Range (ATR) for Synchrony Financial is set at 0.73, with the Price to Sales ratio for SYF stock in the period of the last 12 months amounting to 0.68. The Price to Book ratio for the last quarter was 1.03, with the Price to Cash per share for the same quarter was set at 30.74. Price to Free Cash Flow for SYF in the course of the last twelve months was 1.76.
Trading performance analysis for SYF stock
Synchrony Financial [SYF] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.45. With this latest performance, SYF shares dropped by -11.25% in over the last four-week period, additionally sinking by -10.32% over the last 6 months – not to mention a drop of -0.26% 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 30.91, with the RSI for the last a single of trading hit 26.05, and the three-weeks RSI is set at 35.61 for Synchrony Financial [SYF]. The present Moving Average for the last 50 days of trading for this stock 33.85, while it was recorded at 31.88 for the last single week of trading, and 32.85 for the last 200 days.
Synchrony Financial [SYF]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Synchrony Financial [SYF] shares currently have an operating margin of +33.91 and a Gross Margin at +89.62. Synchrony Financial’s Net Margin is presently recorded at +22.86.
Return on Total Capital for SYF is now 16.21, given the latest momentum, and Return on Invested Capital for the company is 11.38. Return on Equity for this stock inclined to 22.74, with Return on Assets sitting at 3.01. When it comes to the capital structure of this company, Synchrony Financial [SYF] has a Total Debt to Total Equity ratio set at 110.24. Additionally, SYF Total Debt to Total Capital is recorded at 52.43, with Total Debt to Total Assets ending up at 13.57. Long-Term Debt to Equity for the company is recorded at 102.84, with the Long-Term Debt to Total Capital now at 46.13.
Reflecting on the efficiency of the workforce at the company, Synchrony Financial [SYF] managed to generate an average of $163,027 per employee.
Synchrony Financial [SYF]: An earnings per share (EPS) analysis
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 -3.62%.
An analysis of Institutional ownership at Synchrony Financial [SYF]
The top three institutional holders of SYF stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in SYF stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in SYF stock with ownership which is approximately 5.7381%.
