Synchrony Financial (NYSE:SYF) saw a downside of -2.40% to close Monday at $34.56 after subtracting -$0.85 on the day. The 5-day average trading volume is 7,951,540 shares of the company’s common stock. It has gained $36.08 in the past week and touched a new high 4 times within the past 5 days. An average of 6,037,500 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 5,531,460.
SYF’s 1-month performance is 5.85% or $1.81 on its low of $30.83 reached on 01/19/23. The company’s shares have touched a 52-week low of $27.22 and high of $47.05, with the stock’s rally to the 52-week high happening on 01/23/23. YTD, SYF has achieved 5.17% or $1.70 and has reached a new high 6 times. However, the current price is down -26.55% from the 52-week high price.
SYF stock investors last saw insider trading activity on Nov 28.KEANE MARGARET M () most recently sold 68,369 shares at $36.50 per share on Nov 28. This transaction cost the insider $2,495,468., Schaller Bart, sold 25,900 shares at a price of $39.20 on Nov 11. Then, on Nov 11, Juel Carol sold 31,303 shares at a price of $40.00 per share. This transaction amounted to $1,252,120.
SYF stock has a beta of 1.62. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.87 while the price-to-book (PB) in the most recent quarter is 1.32, with the price to cash flow ratio at 2.24.
As well, the company’s long term debt to equity for the quarter ending September 29 was 1.17, while the total debt to equity was 1.17. The firm’s gross profit as reported stood at $14.24 billion against revenue of $15.27 billion.
For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected SYF to announce $1.38 per share in earnings in its latest quarter, but it posted $1.47, representing a 6.50% surprise. Shareholders hold equity totaling $450.54 million.
Let’s look briefly at Synchrony Financial (SYF) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 58.25% to suggest the stock is trending Neutral, with historical volatility in this time period at 48.95%.
The stock’s 5-day moving average is $33.89, reflecting a +3.26% or $1.09 change from its current price. SYF is currently trading +3.85% above its 20-day SMA, +5.59% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -4.24% and SMA200 by-2.01%.
Stochastic %K and %D was 74.05% and 71.81% and the average true range (ATR) pointed at 1.48. The RSI (14) points at 55.13%, while the 14-day stochastic is at 71.05% with the period’s ATR at 1.37. The stock’s 9-day MACD Oscillator is pointing at 0.51 and 0.92 on the 14-day charts.
In the most recent analyst report for Synchrony Financial (NYSE: SYF), Barclays downgraded it to an Equal weight rating. They previously had an Overweight rating on the stock. Analysts offering their rating for SYF stock have a consensus rating for the stock as Overweight. Currently, 3 brokerage advisors rate SYF as a “sell,”, while 7 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 0 rates the stock as overweight while 11 have offered a “buy” rating.
What is SYF’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $27.00 and a high of $56.00, with their median price target at $38.00. Looking at these predictions, the average price target given by analysts is for Synchrony Financial (SYF) stock is $39.40.