A share price of Synchrony Financial [SYF] is currently trading at $44.67, up 0.02%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SYF shares have gain 7.46% over the last week, with a monthly amount glided 5.65%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Synchrony Financial [NYSE: SYF] stock has seen the most recent analyst activity on April 04, 2024, when Wolfe Research upgraded its rating to a Outperform and also boosted its price target to $50 from $36. On January 10, 2024, Deutsche Bank initiated with a Buy rating and assigned a price target of $56 on the stock. BMO Capital Markets downgraded its rating to a Market Perform but stick to its price target of $40 on January 10, 2024. Barclays initiated its recommendation with a Equal Weight and recommended $31 as its price target on November 15, 2023. TD Cowen started tracking with a Outperform rating for this stock on November 01, 2023, and assigned it a price target of $34. In a note dated October 13, 2023, HSBC Securities initiated an Hold rating and provided a target price of $32 on this stock.
Synchrony Financial experienced fluctuations in its stock price throughout the past year between $26.59 and $45.33. Currently, Wall Street analysts expect the stock to reach $50.57 within the next 12 months. Synchrony Financial [NYSE: SYF] shares were valued at $44.67 at the most recent close of the market. An investor can expect a potential return of 13.21% based on the average SYF price forecast.
Analyzing the SYF fundamentals
Trailing Twelve Months sales for Synchrony Financial [NYSE:SYF] were 19.36B which represents 51.53% growth. Gross Profit Margin for this corporation currently stands at 0.8% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.21 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.24.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 44.31 points at the first support level, and at 43.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.25, and for the 2nd resistance point, it is at 45.82.
Synchrony Financial [SYF] reported earnings per share of $3.14 for its fiscal quarter that ended on 3/31/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.35/share, meaning a difference of $1.79 and a surprise factor of 132.60%. By comparison, the stated earnings for the previous quarter ended on 12/31/2023 were $1.03 per share as compared to estimates of $0.93 per share, a difference of $0.1 representing a surprise of 10.80%.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 0.94, the price to book ratio is 1.28 and price to earnings (TTM) ratio is 6.41.
Transactions by insiders
Recent insider trading involved Schaller Bart, that happened on Mar 15 ’24 when 61781.0 shares were sold., Howse Curtis completed a deal on Mar 15 ’24 to sell 6179.0 shares. Meanwhile, DOUBLES BRIAN D sold 0.13 million shares on Mar 05 ’24.
