Synchrony Financial [NYSE: SYF] traded at a low on Tuesday, posting a -2.10 loss after which it closed the day’ session at $45.27.
The results of the trading session contributed to over 4116285 shares changing hands. Over the past one week, the price volatility of Synchrony Financial stands at 2.38% while the volatility over the past one month is 2.48%.
The market cap for SYF stock reached $18.18 billion, with 406.88 million shares outstanding and 398.54 million shares in the current float. Compared to the average trading volume of 4.36M shares, SYF reached a trading volume of 4116285 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 $46.00 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 2.45. 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.
Keefe Bruyette have made an estimate for Synchrony Financial shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 02, 2024. While these analysts kept the previous recommendation, Wolfe Research raised their target price from $36 to $50. The new note on the price target was released on April 04, 2024, representing the official price target for Synchrony Financial stock. Previously, the target price had yet another raise to $30, while Morgan Stanley analysts kept a Underweight rating on SYF stock.
The Average True Range (ATR) for Synchrony Financial is set at 1.12, with the Price to Sales ratio for SYF stock in the period of the last 12 months amounting to 0.94. The Price to Book ratio for the last quarter was 1.29, with the Price to Cash per share for the same quarter was set at 49.86. Price to Free Cash Flow for SYF in the course of the last twelve months was 2.03.
How has SYF stock performed recently?
Synchrony Financial [SYF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.93. With this latest performance, SYF shares gained by 6.49% in over the last four-week period, additionally plugging by 50.15% over the last 6 months – not to mention a rise of 65.58% 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 62.45, with the RSI for the last a single of trading hit 63.11, and the three-weeks RSI is set at 61.35 for Synchrony Financial [SYF]. The present Moving Average for the last 50 days of trading for this stock 42.32, while it was recorded at 45.26 for the last single week of trading, and 35.92 for the last 200 days.
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 13.00%.
Insider trade positions for Synchrony Financial [SYF]
The top three institutional holders of SYF stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in SYF stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in SYF stock with ownership which is approximately 5.8386%.
