Synchrony Financial (SYF) Stock: What the Analysts are Saying

Synchrony Financial (NYSE: SYF) has a price-to-earnings ratio that is above its average at 6.41x. The stock has a 36-month beta value of 1.62. Opinions on the stock are mixed, with 10 analysts rating it as a “buy,” 5 as “overweight,” 6 as “hold,” and 0 as “sell.”

The public float for SYF is 392.41M, and at present, short sellers hold a 2.91% of that float. On August 12, 2024, the average trading volume of SYF was 3.82M shares.

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SYF) stock’s latest price update

Synchrony Financial (NYSE: SYF)’s stock price has dropped by -0.82 in relation to previous closing price of 46.57. Nevertheless, the company has seen a gain of 5.53% in its stock price over the last five trading days. prnewswire.com reported 2024-07-31 that Strong Business Results, Top Global Employer Recognition, and Leading Portfolio of Partner Brands Reflect Synchrony’s Central Role in Driving Economic Growth a Decade After IPO Celebrates with Additional $1 Million in Grants to Nonprofits Globally through Employee-Directed Program STAMFORD, Conn., July 31, 2024 /PRNewswire/ — Synchrony (NYSE: SYF), a leading financing partner for many of America’s most iconic brands, is celebrating 10 years as a publicly traded company.

SYF’s Market Performance

Synchrony Financial (SYF) has seen a 5.53% rise in stock performance for the week, with a -5.95% decline in the past month and a 1.01% surge in the past quarter. The volatility ratio for the week is 3.30%, and the volatility levels for the past 30 days are at 2.86% for SYF. The simple moving average for the past 20 days is -5.58% for SYF’s stock, with a 14.05% simple moving average for the past 200 days.

Analysts’ Opinion of SYF

Many brokerage firms have already submitted their reports for SYF stocks, with BofA Securities repeating the rating for SYF by listing it as a “Buy.” The predicted price for SYF in the upcoming period, according to BofA Securities is $54 based on the research report published on August 09, 2024 of the current year 2024.

Compass Point, on the other hand, stated in their research note that they expect to see SYF reach a price target of $56. The rating they have provided for SYF stocks is “Buy” according to the report published on July 16th, 2024.

Robert W. Baird gave a rating of “Outperform” to SYF, setting the target price at $56 in the report published on June 28th of the current year.

SYF Trading at -0.95% from the 50-Day Moving Average

After a stumble in the market that brought SYF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.30% of loss for the given period.

Volatility was left at 2.86%, however, over the last 30 days, the volatility rate increased by 3.30%, as shares sank -8.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.49% upper at present.

During the last 5 trading sessions, SYF rose by +5.57%, which changed the moving average for the period of 200-days by +68.83% in comparison to the 20-day moving average, which settled at $48.69. In addition, Synchrony Financial saw 20.95% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at SYF starting from Schaller Bart, who proposed sale 930 shares at the price of $50.84 back on Aug 01 ’24. After this action, Schaller Bart now owns shares of Synchrony Financial, valued at $47,281 using the latest closing price.

Juel Carol, the Officer of Synchrony Financial, proposed sale 443 shares at $50.84 during a trade that took place back on Aug 01 ’24, which means that Juel Carol is holding shares at $22,522 based on the most recent closing price.

Stock Fundamentals for SYF

Current profitability levels for the company are sitting at:

  • 0.4 for the present operating margin
  • 0.81 for the gross margin

The net margin for Synchrony Financial stands at 0.15. The total capital return value is set at 0.07. Equity return is now at value 20.77, with 2.62 for asset returns.

Based on Synchrony Financial (SYF), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at 0.61. The debt to equity ratio resting at 1.01. The interest coverage ratio of the stock is 1.79.

Currently, EBITDA for the company is 3.36 billion with net debt to EBITDA at -0.37. When we switch over and look at the enterprise to sales, we see a ratio of 0.77. The receivables turnover for the company is 0.22for trailing twelve months and the total asset turnover is 0.16.

Conclusion

To sum up, Synchrony Financial (SYF) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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