Synchrony Financial (NYSE: SYF) on Friday, soared 1.24% from the previous trading day, before settling in for the closing price of $49.04. Within the past 52 weeks, SYF’s price has moved between $27.30 and $52.67.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Financial sector saw sales topped by 4.33%. The company achieved an average annual earnings per share of 22.63%. With a float of $392.43 million, this company’s outstanding shares have now reached $406.88 million.
The extent of productivity of a business whose workforce counts for 20000 workers is very important to gauge.
Synchrony Financial (SYF) Insider and Institutional Ownership
Observing investor behavior towards Credit Services industry stocks is more important than anything else. The insider ownership of Synchrony Financial is 0.71%, while institutional ownership is 100.40%. The most recent insider transaction that took place on Aug 19 ’24, was worth 3,490,638. In this transaction an insider of this company sold 74,698 shares at a rate of $46.73, taking the stock ownership to the 76,251 shares. Before that another transaction happened on Aug 19 ’24, when Company’s Officer proposed sale 74,698 for $46.73, making the entire transaction worth $3,490,638.
Synchrony Financial (SYF) Latest Financial update
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.48 earnings per share (EPS) for the period topping the consensus outlook (set at 1.43) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.28 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 22.63% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.20% during the next five years compared to 6.75% growth over the previous five years of trading.
Synchrony Financial (NYSE: SYF) Trading Performance Indicators
Synchrony Financial (SYF) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.98. Likewise, its price to free cash flow for the trailing twelve months is 2.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.20, a number that is poised to hit 1.78 in the next quarter and is forecasted to reach 5.93 in one year’s time.
Technical Analysis of Synchrony Financial (SYF)
The latest stats from [Synchrony Financial, SYF] show that its last 5-days average volume of 2.84 million was inferior to 4.03 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 47.89%. Additionally, its Average True Range was 1.41.
During the past 100 days, Synchrony Financial’s (SYF) raw stochastic average was set at 72.55%, which indicates a significant decrease from 77.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.34% in the past 14 days, which was higher than the 32.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $48.16, while its 200-day Moving Average is $43.50. Now, the first resistance to watch is $50.24. This is followed by the second major resistance level at $50.82. The third major resistance level sits at $51.47. If the price goes on to break the first support level at $49.01, it is likely to go to the next support level at $48.36. The third support level lies at $47.78 if the price breaches the second support level.
Synchrony Financial (NYSE: SYF) Key Stats
Market capitalization of the company is 19.62 billion based on 401,544K outstanding shares. Right now, sales total 20,999 M and income totals 2,238 M. The company made 5,699 M in profit during its latest quarter, and 643,000 K in sales during its previous quarter.
