Synchrony Financial (NYSE: SYF) is -11.26% lower on its value in year-to-date trading and has touched a low of $27.22 and a high of $41.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SYF stock was last observed hovering at around $28.90 in the last trading session, with the day’s gains setting it 0.26% off its average median price target of $38.00 for the next 12 months. It is also 44.98% off the consensus price target high of $53.00 offered by 22 analysts, but current levels are -8.0% lower than the price target low of $27.00 for the same period.
Currently trading at $29.16, the stock is -15.25% and -16.13% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.47 million and changing 0.90% at the moment leaves the stock -12.88% off its SMA200. SYF registered -19.31% loss for a year compared to 6-month gain of -8.13%.
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The stock witnessed a -19.71% loss in the last 1 month and extending the period to 3 months gives it a -17.60%, and is -12.25% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.77% over the week and 3.17% over the month.
Synchrony Financial (SYF) has around 18500 employees, a market worth around $13.18B and $17.15B in sales. Current P/E ratio is 4.77 and Fwd P/E is 5.42. Profit margin for the company is 17.30%. Distance from 52-week low is 7.15% and -30.36% from its 52-week high. The company has generated returns on investments over the last 12 months (42.90%).
Synchrony Financial (SYF) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Synchrony Financial (SYF) is a “Overweight”. 22 analysts offering their recommendations for the stock have an average rating of 2.60, where 7 rate it as a Hold and 0 think it is a “Overweight”. 11 of the analysts rate the stock as a “Buy”. 3 analysts have rated the stock as a Sell or Underperform.
Synchrony Financial is expected to release its quarterly report on 04/20/2023.The EPS is expected to shrink by -16.20% this year
Synchrony Financial (SYF) Top Institutional Holders
The shares outstanding are 445.30M, and float is at 435.79M with Short Float at 3.61%.
Synchrony Financial (SYF) Insider Activity
A total of 86 insider transactions have happened at Synchrony Financial (SYF) in the last six months, with sales accounting for 15 and purchases happening 71 times. The most recent transaction is an insider sale by Schaller Bart, the company’s. SEC filings show that Schaller Bart sold 11,071 shares of the company’s common stock on Mar 03 at a price of $36.25 per share for a total of $0.4 million. Following the sale, the insider now owns 71664.0 shares.
Synchrony Financial disclosed in a document filed with the SEC on Mar 03 that Juel Carol () sold a total of 4,490 shares of the company’s common stock. The trade occurred on Mar 03 and was made at $36.16 per share for $0.16 million. Following the transaction, the insider now directly holds 74443.0 shares of the SYF stock.
Still, SEC filings show that on Mar 02, Wenzel Brian J. Sr. () disposed off 70,434 shares at an average price of $35.48 for $2.5 million. The insider now directly holds 93,371 shares of Synchrony Financial (SYF).
Synchrony Financial (SYF): Who are the competitors?
The company’s main competitors (and peers) include Apple Inc. (AAPL) that is trading 0.49% up over the past 12 months and JPMorgan Chase & Co. (JPM) that is -1.31% lower over the same period. Visa Inc. (V) is 5.49% up on the 1-year trading charts.