Is It Time to go for Synchrony Financial (SYF), Twitter, Inc. (TWTR)?
Analysts expect that Synchrony Financial will post $2.60 earnings per share for the current fiscal year.
Synchrony Financial (SYF) now has a Return on Assets (ROA) value of 2.5 Percent. Jefferies Group also issued estimates for Synchrony Financial’s Q3 2017 earnings at $0.66 EPS, Q4 2017 earnings at $0.85 EPS, FY2017 earnings at $2.61 EPS, Q1 2018 earnings at $0.88 EPS, Q2 2018 earnings at $0.80 EPS and Q3 2018 earnings at $0.84 EPS.
The difference of 52 week low value as well as 52 week high value and the current price of the stock suggests the next move of the shares. LMR Partners LLP boosted its stake in shares of Synchrony Financial by 101.3% in the third quarter. Baupost Group LLC MA boosted its position in Synchrony Financial by 17.6% in the fourth quarter. Vanguard Group Inc. increased its stake in shares of Synchrony Financial by 2.6% in the first quarter. In the last three months, insiders sold 9,457 shares of company stock valued at $339,056.
Synchrony Financial (SYF) has been given an average price target of $36.23 from analysts, according to data collected by Finviz.
On 05/17/2017 close, Synchrony Financial (NYSE:SYF) plummeted -1.27% to $26.50. The company rocked its 52-Week High of $38.06 and touched its 52-Week Low of $23.25. The stock was acquired at an average price of $27.80 per share, with a total value of $500,400.00.
Stock is now moving with a negative distance from the 200 day simple moving average of approximately -14.65%, and has a poor year to date (YTD) performance of -24.64% which means the stock is constantly subtracting to its value from the previous fiscal year end price.
Over the last 5 years, Synchrony Financial has averaged a 3.50% YoY EPS growth rate and a 10.10% revenue growth rate. To make a proper assessment, investors seek a sound estimate of this year’s and next year’s earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. The company had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.54 billion. Synchrony Financial had a net margin of 15.15% and a return on equity of 16.34%.
The stock has actually made sharp losses in the past year, as the company has gathered a -5.63% return in the past twelve months.
Zurcher Kantonalbank Zurich Cantonalbank lowered its position in Synchrony Financial (NYSE:SYF) by 5.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 18th. Stockholders of record on Monday, May 8th will be given a $0.13 dividend. The ex-dividend date is Thursday, May 4th. The stock’s Dividend Yield stands at 6.27%. Synchrony Financial’s dividend payout ratio is now 19.19%.
COPYRIGHT VIOLATION NOTICE: “Benjamin F. Edwards & Company Inc”.
Synchrony Financial (NYSE:SYF) traded down 0.424% during trading on Tuesday, hitting $26.995. If you are viewing this piece of content on another site, it was copied illegally and reposted in violation of USA and worldwide copyright laws.
A number of equities analysts have weighed in on the stock.
According to 13 analysts, Synchrony Financial (NYSE:SYF)’s revenue estimates for the current quarter are $3.59B meanwhile the company has high revenue estimates of $3.66B in contradiction of low revenue estimates of $3.54B. BTIG Research decreased their price objective on shares of Synchrony Financial from $42.00 to $36.00 and set a “buy” rating on the stock in a report on Monday, May 1st.
WARNING: “Synchrony Financial (SYF) Receives “Market Perform” Rating from CIBC” was posted by Sports Perspectives and is the property of of Sports Perspectives. Angled up and price is moving up (or was recently) overall, angled down and price is moving down overall, moving sideways and the price is likely in a range.
According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 1.53 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell. The 1-year High price of the stock is $37.75, while the 1-year low price is $22.85.
In other news, insider Brian D. Doubles sold 8,109 shares of the business’s stock in a transaction that occurred on Tuesday, February 28th. Following the completion of the transaction, the director now directly owns 55,389 shares of the company’s stock, valued at approximately $1,539,814.20. For the last month, company shares are -18.96%. The shares were sold at an average price of $34.24, for a total value of $25,611.52. The disclosure for this sale can be found here. This Beta value of Synchrony Financial (SYF) shows that it has historically moved 0% for every 100% move in the benchmark.
Synchrony Financial is a consumer financial services company. The Firm provides a range of credit products through programs it has established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers.