Synovus Financial Corp. [SNV] has traded in a range of $10.91 to $40.32 in the last 1 year. As of this writing, the stock is at $24.49, up 3.46%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, SNV shares are -1.13% down with the monthly amount drift of 10.76% and seems well in a long time frame.
On 22, September 2020, Synovus to Announce Third Quarter 2020 Results on October 20, 2020. According to news published on Yahoo Finance, Synovus Financial Corp. (NYSE: SNV) will announce third quarter 2020 results on Tuesday, October 20, 2020. An earnings press release will be published prior to the earnings conference call, which will begin at 8:30 a.m. ET.
Analyst Birdseye View:
The most recent analyst activity for Synovus Financial Corp. [NYSE:SNV] stock was on March 30, 2020, when it was Upgrade with an Overweight rating from Wells Fargo, which also lowered its 12-month price target on the stock from $37 to $26. Before that, on July 17, 2020, RBC Capital Mkts Recapitulated an Underperform rating and elevated its amount target to $16. On January 27, 2020, Raymond James Downgrade an Outperform rating and plunged its price target on this stock from $46 to $41. On September 20, 2019, Evercore ISI Downgrade an In-line rating and decreased its price target from $40 to $38. On August 27, 2019, Hovde Group Upgrade an Outperform rating and increased its price target to $42. On August 21, 2019, DA Davidson Initiated a Buy rating. On August 08, 2019, Evercore ISI Upgrade an Outperform rating.
In the past 52 weeks of trading, this stock has oscillated between a low of $10.91 and a peak of $40.32. Right now, the middling Wall Street analyst 12-month amount mark is $27.00. At the most recent market close, shares of Synovus Financial Corp. [NYSE:SNV] were valued at $24.49. According to the average price forecast, investors can expect a potential return of 2.3%.
Synovus Financial Corp. [NYSE:SNV] most recently reported quarterly sales of 451.57 billion, which represented growth of -12.50%. This publicly-traded organization’s revenue is $446,459 per employee, while its income is $104,617 per employee. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 1.39, 13.96, 10.99 and 9.69 respectively.
If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 48.32 and the whole liability to whole assets at 9.53. It shows enduring liability to the whole principal at 19.95 and enduring liability to assets at 0.04 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 23.64 points at 1st support level, the second support level is making up to 22.80. But as of 1st resistance point, this stock is sitting at 24.96 and at 25.44 for 2nd resistance point.
Synovus Financial Corp. [SNV] reported its earnings at $0.23 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.05/share signifying the difference of 0.18 and 360.00% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were $0.21 calling estimates for $0.57/share with the difference of -0.36 depicting the surprise of -63.20%.
Now if looking for a valuation of this stock’s amount to sales ratio it’s 2.54, it’s amount to book ratio is 1.31 and showing 9.59 of P/E (TTM) ratio.
The most recent insider trade was by BUTLER STEPHEN T, Director, and it was the purchase of 2120.0 shares on Mar 10. Stelling Kessel D, the Chairman & CEO, completed a purchase of 10000.0 shares on Mar 09. On Mar 09, Blair Kevin S., President and COO, completed a purchase of 4413.0 shares.