Synchrony Financial (NYSE: SYF) is 2.55% higher on its value in year-to-date trading and has touched a low of $37.91 and a high of $70.93 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 $69.86 in the last trading session, with the day’s loss setting it -3.2%.
Currently trading at $66.66, the stock is -0.87% and -0.09% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.15 million and changing -4.58% at the moment leaves the stock 26.18% off its SMA200. SYF registered 73.32% gain for a year compared to 6-month gain of 31.27%. The firm has a 50-day simple moving average (SMA 50) of $66.6876 and a 200-day simple moving average (SMA200) of $52.70145.
The stock witnessed a 0.06% loss in the last 1 month and extending the period to 3 months gives it a 20.63%, and is -4.04% 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 2.46% over the week and 2.20% over the month.
Synchrony Financial (SYF) has around 20000 employees, a market worth around $25.95B and $20.76B in sales. Current P/E ratio is 7.81 and Fwd P/E is 7.80. Profit margin for the company is 16.51%. Distance from 52-week low is 75.84% and -6.02% from its 52-week high. The company has generated returns on investments over the last 12 months (10.70%).
with sales reaching $3.79B over the same period.The EPS is expected to grow by 11.50% this year, but quarterly earnings will post -3.69% year-over-year. Quarterly sales are estimated to shrink -21.08% in year-over-year returns.
Synchrony Financial (SYF) Top Institutional Holders
1167.0 institutions hold shares in Synchrony Financial (SYF), with institutional investors hold 102.21% of the company’s shares. The shares outstanding are 388.30M, and float is at 387.24M with Short Float at 2.73%. Institutions hold 101.66% 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,. 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).
