Synchrony Financial (NYSE:SYF) saw a downside of -1.08% to close Tuesday at $31.09 after subtracting -$0.34 on the day. The 5-day average trading volume is 2,737,980 shares of the company’s common stock. It has gained $32.78 in the past week and touched a new high 1 time within the past 5 days. An average of 3,439,020 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,558,000.
SYF’s 1-month performance is -2.39% or -$0.76 on its low of $30.67 reached on 09/07/23. The company’s shares have touched a 52-week low of $26.59 and high of $40.88, with the stock’s rally to the 52-week high happening on 02/03/23. YTD, SYF has lost -5.39% or -$1.77 and has reached a new high 12 times. However, the current price is down -23.96% from the 52-week high price.
Insider Transactions
SYF stock investors last saw insider trading activity on Aug 09.MELITO DAVID P () most recently sold 15,015 shares at $35.00 per share on Aug 09. This transaction cost the insider $525,525., DOUBLES BRIAN D, sold 36,610 shares at a price of $34.50 on Aug 01. Then, on Mar 03, Schaller Bart sold 11,071 shares at a price of $36.25 per share. This transaction amounted to $401,324.
Valuation Metrics
SYF stock has a beta of 1.59. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.86 while the price-to-book (PB) in the most recent quarter is 1.03, with the price to cash flow ratio at 1.79.
As well, the company’s long term debt to equity for the quarter ending June 29 was 1.06, while the total debt to equity was 1.06.. In terms of profitability, the gross margin trailing 12 months is 84.37%. The firm’s gross profit as reported stood at $15.62 billion against revenue of $17.15 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected SYF to announce $1.24 per share in earnings in its latest quarter, but it posted $1.32, representing a 6.50% surprise. Shareholders hold equity totaling $418.18 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 26 September was 34.60% to suggest the stock is trending Neutral, with historical volatility in this time period at 15.60%.
The stock’s 5-day moving average is $31.57, reflecting a -3.95% or -$1.28 change from its current price. SYF is currently trading -2.78% above its 20-day SMA, +12.20% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -12.45% and SMA200 by-10.22%.
Stochastic %K and %D was 29.58% and 40.90% and the average true range (ATR) pointed at 0.65. The RSI (14) points at 37.85%, while the 14-day stochastic is at 19.72% with the period’s ATR at 0.68. The stock’s 9-day MACD Oscillator is pointing at -0.61 and -0.50 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Synchrony Financial (NYSE: SYF), RBC Capital Mkts downgraded it to a Sector perform rating. They previously had an Outperform 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 9 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 8 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 $29.00 and a high of $55.00, with their median price target at $38.50. Looking at these predictions, the average price target given by analysts is for Synchrony Financial (SYF) stock is $38.83.
