As of Friday close, Synchrony Financial’s (NYSE:SYF) stock was down -$0.43, moving down -1.35 percent to $31.38. The average number of shares traded per day over the past five days has been 2,928,960 shares. 3 times new highs have been achieved over the past 5 days, with a -$1.14 fall in that time frame. In the last twenty days, the average volume was 3,417,025, while in the previous 50 days, it was 3,655,478.
Since last month, SYF stock retreated -2.03%. Shares of the company fell to $30.67 on 09/07/23, the lowest level in the past month. A 52-week high of $40.88 was reached on 02/03/23 after having rallying from a 52-week low of $26.59. Since the beginning of this year, SYF’s stock price has dropped by -4.50% or -$1.48, and marked a new high 12 times. However, the stock has declined by -23.25% since its 52-week high.
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SYF stock investors should be aware that Synchrony Financial (SYF) stock had its last reported insider trading activity 45 days ago on Aug 09. MELITO DAVID P, the of the company, disposed of 15,015 shares for $35.00 on Aug 09. It resulted in a $525,525 divestment by the insider. DOUBLES BRIAN D sold 36,610 shares at an average price of $34.50 on Aug 01. The insider now owns 565,240 shares following the transaction. On Mar 03, Schaller Bart sold 11,071 shares at $36.25 apiece. The transaction was valued at $401,324.
Valuation Metrics
Right now, Synchrony Financial (SYF) has a P/E ratio of about 5.81. The stock’s beta is 1.58. Besides these, the trailing price-to-sales (P/S) ratio of 0.69, the price-to-book (PB) ratio of 1.05, and the price-to-cash flow ratio of 1.79 may also be considered.
The latest dividend of $0.25 per share was paid out, which is 8.7% more than last year’s $0.23. On Thursday July 20 2023, a $0.02 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.13, and the total debt-to-equity ratio was 1.13. In the year ended June 29, operating margins totaled 60.50%. Based on annual data, SYF earned $15.62 billion in gross profit and brought in $17.15 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 42.90%. Return on equity (ROE) for the past 12 months was 19.40%.
In Synchrony Financial’s quarter-end financial report for June 29, it reported total debt of $14.23 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected Synchrony Financial to report $1.24 quarterly earnings, the actual figure was $1.32 per share, beating the consensus estimate by 6.50%. The value of shareholders’ equity is $418.18 million.
Technical Picture
This quick technical analysis looks at Synchrony Financial’s (SYF) price momentum. With a historical volatility rate of 19.51%, the RSI 9-day stood at 37.97% on 22 September.
With respect to its five-day moving average, the current Synchrony Financial price is down by -3.51% percent or -$1.14. At present, SYF shares trade -1.78% below its 20-day simple moving average and +8.69% percent above its 100-day simple moving average. However, the stock is currently trading approximately -12.03% below its SMA50 and -8.75% below its SMA200.
Stochastic coefficient K was 52.27% and Stochastic coefficient D was 64.32%, while ATR was 0.68. Given the Stochastic reading of 33.33% for the 14-day period, the RSI (14) reading has been calculated as 40.07%. As of today, the MACD Oscillator reading stands at -0.30, while the 14-day reading stands at -0.09.
Analyst Ratings
Synchrony Financial downgraded its rating on Synchrony Financial (NYSE: SYF) to a Sector perform in a note to investors on September 05, 2023. The analysts firm previously had an Outperform rating on the stock.Synchrony Financial (SYF) has been rated Overweight by analysts. According to 3 brokerage firms, SYF is a sell, and 9 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Synchrony Financial stock as buy, with 8 recommending it as overweight.
With a median target price of $38.50, the current consensus forecast for the stock is $29.00 – $55.00. Based on these forecasts, analysts predict Synchrony Financial (SYF) will achieve an average price target of $38.83.
