In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
After finishing at $54.17 in the prior trading day, Synovus Financial Corp (NYSE: SNV) closed at $54.47, up 0.55%. In other words, the price has increased by $0.55 from its previous closing price. On the day, 0.84 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 0.33.
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 17.89, and their Forward P/E ratio for the next fiscal year is 10.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.24 while its Price-to-Book (P/B) ratio in mrq is 1.63.
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 0.77%, while the 200-Day Moving Average is calculated to be 16.61%.
Shares Statistics:
A total of 141.17M shares are outstanding, with a floating share count of 140.30M. Insiders hold about 0.61% of the company’s shares, while institutions hold 85.89% stake in the company.