Synchrony Financial (NYSE:SYF) finished Thursday with a subtraction of -$0.9 to close at $29.73, a downside of -2.94 percent. An average of 5,353,040 shares of common stock have been traded in the last five days. There was a fall of -$2.87 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 4,463,285 shares traded, while the 50-day average volume stands at 4,700,044.
SYF stock has decreased by -12.56% in the last month. The company shares reached their 1-month lowest point of $29.58 on 09/22/22. With the stock rallying to its 52-week high on 01/13/22, shares of the company touched a low of $27.22 and a high of $52.49 in 52 weeks. It has reached a new high 5 times so far this year and lost -35.91% or -$16.66 in price. In spite of this, the price is down -43.36% from the 52-week high.
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100 days have passed since Synchrony Financial (SYF) last reported insider trading activity. KEANE MARGARET M, who is, most recently acquired $70,000 shares at $30.03 per share on Jun 15. In this transaction, the insider spent $2,102,100., MELITO DAVID P, disposed of 1,116 shares at a price of $40.00 on Apr 18. The insider now owns more than $44,640 worth of shares. Prior to that, MELITO DAVID P went on to Sale 4,141 shares at $40.00 each on Mar 02. An amount of $165,640 was transacted.
Synchrony Financial (SYF) has a trailing price-to-earnings (P/E) ratio of 4.34. The stock’s beta is 1.55. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.90, the price-to-book (PB) ratio at 1.16, and the price-to-cash flow ratio at 2.19.
The company has a payout ratio of 12.90%. The company’s most recent quarterly dividend payment was $0.23 a share, representing a up of 4.55% from $0.22 last year. Its latest increase dividend $0.01 reported on Thursday July 21 2022.
Further, the company has a long term debt to equity ratio of 0.96 and a total debt to equity ratio of 0.96 for the quarter ending June 29. Its gross profit as reported stood at $14.24 billion compared to revenue of $15.27 billion.
For the three-month period that ended June 29, Synchrony Financial had $12.16 billion in total debt. The analyst consensus anticipated Synchrony Financial’s latest quarter earnings to come in at $1.43 per share, but it turned out to be $1.6, a 11.90% surprise. At the end of the quarter ending June 29, Synchrony Financial’s stock balance sheet showed total debt was $12.16 billion. Shareholders own equity worth $481.76 million.
From a technical analysis perspective, let’s take a brief look at Synchrony Financial (SYF) price momentum. RSI 9-day as of the close on 22 September was 30.63%, suggesting the stock is Neutral, with historical volatility in this time frame at 51.03%.
As of today, SYF’s price is $31.44 -8.80% or -$2.87 from its 5-day moving average. SYF is currently trading -13.40% lower than its 20-day SMA and -19.23% lower than its 100-day SMA. However, the stock’s current price level is -0.97% below the SMA50 and -35.84% below the SMA200.
The stochastic %K and %D were 8.52% and 23.97%, respectively, and the average true range (ATR) was 1.26. With the 14-day stochastic at 2.87% and the average true range at 1.23, the RSI (14) stands at 35.82%. The stock has reached -1.27 on the 9-day MACD Oscillator while the 14-day reading was at -1.36.
Wells Fargo downgraded Synchrony Financial (NYSE: SYF) to a an Equal weight rating in its most recent analyst report. Previously, the stock was rated as an Overweight. The consensus rating for Synchrony Financial (SYF) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell SYF, while 5 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 12 others rate it as a “buy”.
What is SYF’s price target for the next 12 months?
Analysts predict a range of price targets between $22.00 and $53.00, with a median target of $39.50. Taking a look at these predictions, the average price target given by analysts for Synchrony Financial (SYF) stock is $40.56.