Synovus Financial Corp (NYSE: SNV) kicked off on Friday, up 0.30% from the previous trading day, before settling in for the closing price of $47.30. Over the past 52 weeks, SNV has traded in a range of $33.44-$59.92.
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
Annual sales at Financial sector company grew by 8.72% over the past five years. While this was happening, its average annual earnings per share was recorded 8.98%. With a float of $139.98 million, this company’s outstanding shares have now reached $141.17 million.
Let’s look at the performance matrix of the company that is accounted for 4775 employees. In terms of profitability, gross margin is 90.85%, operating margin of 14.73%, and the pretax margin is 22.33%.
Synovus Financial Corp (SNV) Insider Updates
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 0.70%, while institutional ownership is 86.08%. The most recent insider transaction that took place on Jan 28 ’25, was worth 92,450. In this transaction EVP, Corp. & Inv. Banking of this company bought 1,680 shares at a rate of $55.03, taking the stock ownership to the 13,471 shares. Before that another transaction happened on Jan 28 ’25, when Company’s EVP, Corp. & Inv. Banking sold 1,680 for $55.03, making the entire transaction worth $92,450. This insider now owns 11,791 shares in total.
Synovus Financial Corp (SNV) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.98% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.81% during the next five years compared to -2.64% 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 1.95. Likewise, its price to free cash flow for the trailing twelve months is 8.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.05, a number that is poised to hit 1.12 in the next quarter and is forecasted to reach 5.44 in one year’s time.
Technical Analysis of Synovus Financial Corp (SNV)
Synovus Financial Corp (NYSE: SNV) saw its 5-day average volume 3.64 million, a positive change from its year-to-date volume of 1.55 million. As of the previous 9 days, the stock’s Stochastic %D was 86.07%. Additionally, its Average True Range was 1.65.
During the past 100 days, Synovus Financial Corp’s (SNV) raw stochastic average was set at 26.28%, which indicates a significant decrease from 61.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.02% in the past 14 days, which was higher than the 39.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $52.05, while its 200-day Moving Average is $48.00. Nevertheless, the first resistance level for the watch stands at $48.00 in the near term. At $48.57, the stock is likely to face the second major resistance level. The third major resistance level sits at $49.29. If the price goes on to break the first support level at $46.71, it is likely to go to the next support level at $45.99. Assuming the price breaks the second support level, the third support level stands at $45.42.
Synovus Financial Corp (NYSE: SNV) Key Stats
The company with the Market Capitalisation of 6.69 billion has total of 140,969K Shares Outstanding. Its annual sales at the moment are 3,433 M in contrast with the sum of 482,460 K annual income. Company’s last quarter sales were recorded 924,720 K and last quarter income was 190,430 K.
