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Are we looking at the next big move in Synchrony Financial (SYF)?

Synchrony Financial (NYSE: SYF) is 76.12% higher on its value in year-to-date trading and has touched a low of $29.15 and a high of $67.76 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SYF stock was last observed hovering at around $67.04 in the last trading session, with the day’s gains setting it 0.22%.

Currently trading at $67.26, the stock is 6.95% and 18.90% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.75 million and changing 0.33% at the moment leaves the stock 41.05% off its SMA200. SYF registered 128.85% gain for a year compared to 6-month gain of 58.71%. The firm has a 50-day simple moving average (SMA 50) of $56.2086 and a 200-day simple moving average (SMA200) of $47.54495.

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The stock witnessed a 18.44% loss in the last 1 month and extending the period to 3 months gives it a 35.82%, and is 5.67% up 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 1.83% over the week and 2.41% over the month.

Synchrony Financial (SYF) has around 20000 employees, a market worth around $26.19B and $20.58B in sales. Current P/E ratio is 8.78 and Fwd P/E is 10.47. Profit margin for the company is 15.08%. Distance from 52-week low is 130.78% and -0.74% from its 52-week high. The company has generated returns on investments over the last 12 months (9.87%).

with sales reaching $3.86B over the same period.The EPS is expected to grow by 25.61% this year, but quarterly earnings will post 15.30% year-over-year. Quarterly sales are estimated to grow 5.36% in year-over-year returns.

Synchrony Financial (SYF) Top Institutional Holders

1149.0 institutions hold shares in Synchrony Financial (SYF), with institutional investors hold 102.28% of the company’s shares. The shares outstanding are 406.88M, and float is at 387.58M with Short Float at 2.77%. Institutions hold 101.74% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 50.27 million shares valued at $2.37 billion. The investor’s holdings represent 12.4208% of the SYF Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL WORLD INVESTORS with 43.62 million shares valued at $2.06 billion to account for 10.7791 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 35.81 million shares representing 8.8486% and valued at over $1.69 billion, while STATE STREET CORP holds 4.6449 of the shares totaling 18.8 million with a market value of $887.07 million.

Synchrony Financial (SYF) Insider Activity

The most recent transaction is an insider sale by MOTHNER JONATHAN S, the company’s. SEC filings show that MOTHNER JONATHAN S sold 34,163 shares of the company’s common stock on Nov 15 ’24 at a price of $64.99 per share for a total of $2.22 million. Following the sale, the insider now owns 0.13 million shares.

Still, SEC filings show that on Nov 01 ’24, Howse Curtis () disposed off 21,934 shares at an average price of $55.13 for $1.21 million. The insider now directly holds 99,743 shares of Synchrony Financial (SYF).

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