Synovus Financial Corp (NYSE: SNV) on Tuesday, soared 0.51% from the previous trading day, before settling in for the closing price of $54.86. Within the past 52 weeks, SNV’s price has moved between $33.44 and $59.92.
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During the last 5-year period, the sales growth of Financial Sector giant was 17.97%. The company achieved an average annual earnings per share of 5.71%. With a float of $140.81 million, this company’s outstanding shares have now reached $142.00 million.
Let’s determine the extent of company efficiency that accounts for 4879 employees. In terms of profitability, gross margin is 87.22%, operating margin of 21.46%, and the pretax margin is 17.77%.
Synovus Financial Corp (SNV) Breakdown of a Key Holders of the stock
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of Synovus Financial Corp is 0.60%, while institutional ownership is 85.95%. The most recent insider transaction that took place on Nov 27 ’24, was worth 435,000. In this transaction EVP, Chief Wholesale Bank. Off of this company bought 7,500 shares at a rate of $58.00, taking the stock ownership to the 53,990 shares. Before that another transaction happened on Nov 27 ’24, when Company’s EVP, Chief Wholesale Bank. Off sold 15,750 for $58.02, making the entire transaction worth $913,815. This insider now owns 46,490 shares in total.
Synovus Financial Corp (SNV) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.71% 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
Synovus Financial Corp (SNV) 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 2.33. Likewise, its price to free cash flow for the trailing twelve months is 10.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.21, a number that is poised to hit 1.14 in the next quarter and is forecasted to reach 4.62 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 1.35 million, which is a drop from its year-to-date volume of 1.39 million. As of the previous 9 days, the stock’s Stochastic %D was 14.82%. Additionally, its Average True Range was 1.62.
During the past 100 days, Synovus Financial Corp’s (SNV) raw stochastic average was set at 77.14%, which indicates a significant increase from 16.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.28% in the past 14 days, which was lower than the 39.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $51.70, while its 200-day Moving Average is $43.31. However, in the short run, Synovus Financial Corp’s stock first resistance to watch stands at $56.03. Second resistance stands at $56.93. The third major resistance level sits at $57.80. If the price goes on to break the first support level at $54.26, it is likely to go to the next support level at $53.39. Now, if the price goes above the second support level, the third support stands at $52.49.
Synovus Financial Corp (NYSE: SNV) Key Stats
Market capitalization of the company is 7.81 billion based on 141,665K outstanding shares. Right now, sales total 3,454 M and income totals 543,710 K. The company made 934,490 K in profit during its latest quarter, and 181,560 K in sales during its previous quarter.
