Synovus Financial Corp. (NYSE: SNV) kicked off on Monday, down -3.32% from the previous trading day, before settling in for the closing price of $50.55. Over the past 52 weeks, SNV has traded in a range of $24.40-$51.69.
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During the last 5-year period, the sales growth of Financial Sector giant was 17.97%. While this was happening, its average annual earnings per share was recorded 4.56%. With a float of $143.10 million, this company’s outstanding shares have now reached $146.71 million.
Let’s determine the extent of company efficiency that accounts for 4879 employees. In terms of profitability, gross margin is 87.06%, operating margin of 20.33%, and the pretax margin is 14.18%.
Synovus Financial Corp. (SNV) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Banks – Regional Industry. The insider ownership of Synovus Financial Corp. is 0.60%, while institutional ownership is 86.64%. The most recent insider transaction that took place on Jul 24 ’24, was worth 28,367. In this transaction EVP, Corp. & Inv. Banking of this company sold 614 shares at a rate of $46.20, taking the stock ownership to the 14,833 shares. Before that another transaction happened on Jun 10 ’24, when Company’s 10% Owner sold 172,889 for $25.20, making the entire transaction worth $4,357,321. This insider now owns 1,293,259 shares in total.
Synovus Financial Corp. (SNV) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 1.06 earnings per share (EPS), higher than consensus estimate (set at 0.9) by 0.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 4.56% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.17% 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
Take a look at Synovus Financial Corp.’s (SNV) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.10. Likewise, its price to free cash flow for the trailing twelve months is 8.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.21, a number that is poised to hit 1.13 in the next quarter and is forecasted to reach 4.59 in one year’s time.
Technical Analysis of Synovus Financial Corp. (SNV)
Looking closely at Synovus Financial Corp. (NYSE: SNV), its last 5-days average volume was 2.5 million, which is a jump from its year-to-date volume of 1.41 million. As of the previous 9 days, the stock’s Stochastic %D was 82.14%. Additionally, its Average True Range was 1.44.
During the past 100 days, Synovus Financial Corp.’s (SNV) raw stochastic average was set at 82.24%, which indicates a significant increase from 71.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.28% in the past 14 days, which was lower than the 32.84% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $44.55, while its 200-day Moving Average is $40.27. However, in the short run, Synovus Financial Corp.’s stock first resistance to watch stands at $50.31. Second resistance stands at $51.75. The third major resistance level sits at $52.51. If the price goes on to break the first support level at $48.11, it is likely to go to the next support level at $47.35. Now, if the price goes above the second support level, the third support stands at $45.91.
Synovus Financial Corp. (NYSE: SNV) Key Stats
The company with the Market Capitalisation of 7.04 billion has total of 146,440K Shares Outstanding. Its annual sales at the moment are 3,454 M in contrast with the sum of 543,710 K annual income. Company’s last quarter sales were recorded 672,390 K and last quarter income was -14,030 K.
