Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $48.44 in the prior trading day, Synovus Financial Corp (NYSE: SNV) closed at $46.82, down -3.34%. In other words, the price has decreased by -$3.34 from its previous closing price. On the day, 1.75 million shares were traded.
Ratios:
Our goal is to gain a better understanding of SNV by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.24.
On December 09, 2024, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $64.
On October 10, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $53.Citigroup initiated its Buy rating on October 10, 2024, with a $53 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 28 ’25 when Dierdorff Thomas T bought 1,680 shares for $55.03 per share. The transaction valued at 92,450 led to the insider holds 13,471 shares of the business.
Dierdorff Thomas T sold 1,680 shares of SNV for $92,450 on Jan 28 ’25. The EVP, Corp. & Inv. Banking now owns 11,791 shares after completing the transaction at $55.03 per share. On Jan 28 ’25, another insider, Dierdorff Thomas T, who serves as the Officer of the company, bought 1,681 shares for $54.99 each.
Valuation Measures:
As of this moment, Synovus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.36, and their Forward P/E ratio for the next fiscal year is 8.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.92 while its Price-to-Book (P/B) ratio in mrq is 1.40.
Stock Price History:
Over the past 52 weeks, SNV has reached a high of $59.92, while it has fallen to a 52-week low of $33.44. The 50-Day Moving Average of the stock is -12.14%, while the 200-Day Moving Average is calculated to be -1.72%.
Shares Statistics:
A total of 141.17M shares are outstanding, with a floating share count of 139.91M. Insiders hold about 0.70% of the company’s shares, while institutions hold 86.18% stake in the company.
