Synchrony Financial [NYSE: SYF] stock went on a downward path that fall over -0.08% on Thursday, amounting to a one-week price increase of more than 2.85%.
Over the last 12 months, SYF stock rose by 48.47%. The one-year Synchrony Financial stock forecast points to a potential upside of 14.69. The average equity rating for SYF stock is currently 2.04, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $18.65 billion, with 406.88 million shares outstanding and 391.69 million shares in the current float. Compared to the average trading volume of 3.65M shares, SYF stock reached a trading volume of 2086913 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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 $55.33 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 2.04. 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.
BofA Securities have made an estimate for Synchrony Financial shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 09, 2024. While these analysts kept the previous recommendation, Compass Point raised their target price to Buy. The new note on the price target was released on July 16, 2024, representing the official price target for Synchrony Financial stock. Previously, the target price had yet another raise to $56, while Robert W. Baird analysts kept a Outperform rating on SYF stock.
The Average True Range (ATR) for Synchrony Financial is set at 1.24, with the Price to Sales ratio for SYF stock in the period of the last 12 months amounting to 0.93. The Price to Book ratio for the last quarter was 1.30, with the Price to Cash per share for the same quarter was set at 47.14. Price to Free Cash Flow for SYF in the course of the last twelve months was 1.96.
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 2.85. With this latest performance, SYF shares dropped by -5.37% in over the last four-week period, additionally plugging by 18.89% over the last 6 months – not to mention a rise of 48.47% 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 50.36, with the RSI for the last a single of trading hit 52.12, and the three-weeks RSI is set at 50.59 for Synchrony Financial [SYF]. The present Moving Average for the last 50 days of trading for this stock 47.24, while it was recorded at 47.16 for the last single week of trading, and 41.32 for the last 200 days.
SYF Stock EPS
With the latest financial reports released by the company, Synchrony Financial posted 1.48/share EPS, while the average EPS was predicted by analysts to be reported at 1.43/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.05. 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%.
Synchrony Financial [SYF] Institutonal Ownership Details
There are presently around $101.34%, or 101.88%% of SYF stock, in the hands of institutional investors. The top three institutional holders of SYF stocks are: VANGUARD GROUP INC with ownership of 50.27 million shares, which is approximately 12.4208%. CAPITAL WORLD INVESTORS, holding 43.62 million shares of the stock with an approximate value of $$2.06 billion in SYF stocks shares; and CAPITAL WORLD INVESTORS, currently with $$1.69 billion in SYF stock with ownership which is approximately 8.8486%.
