As on January 07, 2021, Synovus Financial Corp. (NYSE: SNV) got off with the flyer as it spiked 4.26% to $36.96. During the day, the stock rose to $37.34 and sunk to $36.25 before settling in for the price of $35.45 at the close. Taking a more long-term approach, SNV posted a 52-week range of $10.91-$40.12.
The Financial sector firm’s twelve-monthly sales growth has been 17.20% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 21.10%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 2.40%. This publicly-traded company’s shares outstanding now amounts to $147.31 million, simultaneously with a float of $145.61 million. The organization now has a market capitalization sitting at $5.47 billion. At the time of writing, stock’s 50-day Moving Average stood at $31.00, while the 200-day Moving Average is $23.14.
It is quite necessary to find out the efficiency of the corporate organization, which has 5232 number of employees on its payroll. It has generated 446,459 per worker during the last fiscal year. For the Profitability, stocks operating margin was +34.34 and Pretax Margin of +31.80.
Synovus Financial Corp. (SNV) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Banks – Regional industry. Synovus Financial Corp.’s current insider ownership accounts for 0.60%, in contrast to 78.80% institutional ownership. According to the most recent insider trade that took place on Mar 10, this organization’s Director bought 2,120 shares at the rate of 23.73, making the entire transaction reach 50,308 in total value, affecting insider ownership by 112,302. Preceding that transaction, on Mar 09, Company’s Chairman & CEO bought 10,000 for 23.30, making the whole transaction’s value amount to 233,000. This particular insider is now the holder of 339,412 in total.
Synovus Financial Corp. (SNV) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 9/29/2020, the company posted $0.89 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.52) by $0.37. This company achieved a net margin of +23.43 while generating a return on equity of 13.96. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.77 per share during the current fiscal year.
Synovus Financial Corp.’s EPS increase for this current 12-month fiscal period is 2.40% and is forecasted to reach 2.77 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 8.00% through the next 5 years, which can be compared against the 21.10% growth it accomplished over the previous five years trading on the market.
Synovus Financial Corp. (NYSE: SNV) Trading Performance Indicators
Let’s observe the current performance indicators for Synovus Financial Corp. (SNV). The Stock has managed to achieve an average true range (ATR) of 1.15. Alongside those numbers, its PE Ratio stands at $16.15, and its Beta score is 1.68. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.91.
In the same vein, SNV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.29, a figure that is expected to reach 0.76 in the next quarter, and analysts are predicting that it will be 2.77 at the market close of one year from today.
Technical Analysis of Synovus Financial Corp. (SNV)
Through scrutinizing the latest numbers posted by the [Synovus Financial Corp., SNV], it can be observed that its last 5-days Average volume of 1.14 million was lower the volume of 1.26 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 83.97% While, its Average True Range was 1.27.
Raw Stochastic average of Synovus Financial Corp. (SNV) in the period of the previous 100 days is set at 97.88%, which indicates a major rise in contrast to 93.48% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 42.59% that was lower than 50.24% volatility it exhibited in the past 100-days period.