Wall Street predicts Synchrony Financial (SYF) stock to surge by 1.97%

A share price of Synchrony Financial [SYF] is currently trading at $50.81, up 0.57%. An important factor to consider is whether the stock is rising or falling in short-term value. The SYF shares have lost -1.74% over the last week, with a monthly amount glided 14.26%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Synchrony Financial [NYSE: SYF] stock has seen the most recent analyst activity on July 16, 2024, when Compass Point initiated its Buy rating and assigned the stock a price target of $56. Previously, Robert W. Baird started tracking the stock with Outperform rating on June 28, 2024, and set its price target to $56. On June 07, 2024, BTIG Research initiated with a Buy rating and assigned a price target of $60 on the stock. Keefe Bruyette upgraded its rating to a Outperform and increased its price target to $62 on May 02, 2024. Wolfe Research upgraded its rating to a Outperform and raised its price target to $50 on April 04, 2024. In a note dated January 10, 2024, Deutsche Bank initiated an Buy rating and provided a target price of $56 on this stock.

Synchrony Financial experienced fluctuations in its stock price throughout the past year between $27.30 and $52.67. Currently, Wall Street analysts expect the stock to reach $51.81 within the next 12 months. Synchrony Financial [NYSE: SYF] shares were valued at $50.81 at the most recent close of the market. An investor can expect a potential return of 1.97% based on the average SYF price forecast.

Analyzing the SYF fundamentals

Trailing Twelve Months sales for Synchrony Financial [NYSE:SYF] were 20.06B which represents 16.54% growth. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at 0.4%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.21 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.01.

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 50.39 points at the first support level, and at 49.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 51.14, and for the 2nd resistance point, it is at 51.47.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 1.00, the price to book ratio is 1.40 and price to earnings (TTM) ratio is 7.05.

Transactions by insiders

Recent insider trading involved Howse Curtis, that happened on May 02 ’24 when 31562.0 shares were sold., Schaller Bart completed a deal on Mar 15 ’24 to sell 61781.0 shares. Meanwhile, Howse Curtis sold 6179.0 shares on Mar 15 ’24.

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