Synchrony Financial (NYSE: SYF) is -8.45% lower on its value in year-to-date trading and has touched a low of $39.67 and a high of $70.93 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 $60.57 in the last trading session, with the day’s loss setting it -1.06%.
Currently trading at $59.51, the stock is -9.22% and -10.44% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.52 million and changing -1.75% at the moment leaves the stock 8.28% off its SMA200. SYF registered 49.90% gain for a year compared to 6-month gain of 26.08%.
The stock witnessed a -15.74% loss in the last 1 month and extending the period to 3 months gives it a -7.59%, and is -8.85% 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 4.42% over the week and 3.34% over the month.
Synchrony Financial (SYF) has around 20000 employees, a market worth around $23.13B and $20.76B in sales. Current P/E ratio is 6.97 and Fwd P/E is 6.72. Profit margin for the company is 16.51%. Distance from 52-week low is 50.01% and -16.10% from its 52-week high. The company has generated returns on investments over the last 12 months (12.98%).
with sales reaching $3.8B over the same period.The EPS is expected to grow by 16.96% this year, but quarterly earnings will post -4.24% year-over-year. Quarterly sales are estimated to shrink -20.86% in year-over-year returns.
Synchrony Financial (SYF) Top Institutional Holders
The shares outstanding are 388.26M, and float is at 386.57M with Short Float at 2.42%.
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 10.9248 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).
