On Tuesday, Synovus Financial Corp. (NYSE: SNV) was -0.35% down from the session before settling in for the closing price of $36.76. A 52-week range for SNV has been $24.40 – $40.92.
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Financial Sector giant saw their annual sales surged by 14.42% over the last five years. When this article was written, the company’s average yearly earnings per share was at -1.64%. With a float of $145.29 million, this company’s outstanding shares have now reached $146.71 million.
The firm has a total of 4879 workers. Let’s measure their productivity.
Synovus Financial Corp. (SNV) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Synovus Financial Corp. stocks. The insider ownership of Synovus Financial Corp. is 0.76%, while institutional ownership is 84.49%. The most recent insider transaction that took place on Feb 28 ’24, was worth 179,298. In this transaction Chief Accounting Officer of this company sold 4,808 shares at a rate of $37.29, taking the stock ownership to the 5,137 shares. Before that another transaction happened on Jan 24 ’24, when Company’s Director sold 4,671 for $38.62, making the entire transaction worth $180,394. This insider now owns 33,144 shares in total.
Synovus Financial Corp. (SNV) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -1.64% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.40% during the next five years compared to -0.04% drop over the previous five years of trading.
Synovus Financial Corp. (NYSE: SNV) Trading Performance Indicators
You can see what Synovus Financial Corp. (SNV) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.58. Likewise, its price to free cash flow for the trailing twelve months is 5.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.46, a number that is poised to hit 0.99 in the next quarter and is forecasted to reach 4.46 in one year’s time.
Technical Analysis of Synovus Financial Corp. (SNV)
Analysing the last 5-days average volume posted by the [Synovus Financial Corp., SNV], we can find that recorded value of 1.16 million was lower than the volume posted last year of 1.43 million. As of the previous 9 days, the stock’s Stochastic %D was 15.94%. Additionally, its Average True Range was 1.03.
During the past 100 days, Synovus Financial Corp.’s (SNV) raw stochastic average was set at 62.95%, which indicates a significant increase from 15.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.13% in the past 14 days, which was lower than the 34.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $37.81, while its 200-day Moving Average is $33.37. Now, the first resistance to watch is $36.93. This is followed by the second major resistance level at $37.23. The third major resistance level sits at $37.72. If the price goes on to break the first support level at $36.14, it is likely to go to the next support level at $35.65. Now, if the price goes above the second support level, the third support stands at $35.35.
Synovus Financial Corp. (NYSE: SNV) Key Stats
There are 146,417K outstanding shares of the company, which has a market capitalization of 5.36 billion. As of now, sales total 3,454 M while income totals 543,710 K. Its latest quarter income was 839,770 K while its last quarter net income were 70,340 K.
