As of close of business last night, Synchrony Financial’s stock clocked out at $42.28, up 1.68% from its previous closing price of $41.58. In other words, the price has increased by $+0.70 from its previous closing price. On the day, 3501574 shares were traded.
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Ratios:
To gain a deeper understanding of SYF’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.00. In the meantime, Its Debt-to-Equity ratio is 1.15 whereas as Long-Term Debt/Eq ratio is at 0.85.
On January 10, 2024, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $56.
BMO Capital Markets Downgraded its Outperform to Market Perform on January 10, 2024, while the target price for the stock was maintained at $40.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 15 ’24 when Schaller Bart sold 61,781 shares for $42.82 per share. The transaction valued at 2,645,462 led to the insider holds 50,757 shares of the business.
Howse Curtis sold 6,179 shares of SYF for $264,585 on Mar 15 ’24. The insider now owns 152,604 shares after completing the transaction at $42.82 per share. On Mar 05 ’24, another insider, DOUBLES BRIAN D, who serves as the insider of the company, sold 134,696 shares for $41.26 each. As a result, the insider received 5,557,213 and left with 660,353 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SYF now has a Market Capitalization of 17.20B. As of this moment, Synchrony’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.16, and their Forward P/E ratio for the next fiscal year is 6.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.99 while its Price-to-Book (P/B) ratio in mrq is 1.31.
Stock Price History:
Over the past 52 weeks, SYF has reached a high of $43.83, while it has fallen to a 52-week low of $26.59. The 50-Day Moving Average of the stock is 40.15, while the 200-Day Moving Average is calculated to be 34.72.
Shares Statistics:
It appears that SYF traded 4.42M shares on average per day over the past three months and 4.6M shares per day over the past ten days. A total of 406.88M shares are outstanding, with a floating share count of 403.80M. Insiders hold about 0.75% of the company’s shares, while institutions hold 98.90% stake in the company. Shares short for SYF as of Feb 29, 2024 were 12.46M with a Short Ratio of 2.65, compared to 11.98M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.06% and a Short% of Float of 4.14%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.96, SYF has a forward annual dividend rate of 0.98. Against a Trailing Annual Dividend Yield of 2.31%, it implies a Forward Annual Dividend Yield of 2.32%. The stock’s 5-year Average Dividend Yield is 2.70.
