Is Synchrony Financial (SYF) positioned for future growth?

With 2.59 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.87 million shares. During the session, the Credit Services company that operates in wider Financial sector, reached to the highest price of $51.23 whereas the lowest price it dropped to was $49.5619. The 52-week range on SYF shows that it touched its highest point at $52.67 and its lowest point at $27.30 during that stretch. It currently has a 1-year price target of $54.50. With its current market cap of 19.91 billion, SYF has annualized dividend of $1.00 while the current yield stands at 1.98%. Beta for the stock currently stands at 1.62.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SYF was down-trending over the past week, with a drop of -0.89%, but this was up by 11.56% over a month. Three-month performance surged to 11.91% while six-month performance rose 32.68%. The stock gained 43.29% in the past year, while it has gained 31.92% so far this year. A look at the trailing 12-month EPS for SYF yields 7.20 with Next year EPS estimates of 5.86. For the next quarter, that number is 1.79. This implies an EPS growth rate of 21.24% for this year and -6.82% for next year. EPS is expected to grow by 13.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 6.75%.

Float and Shares Shorts:

At present, 406.88 million SYF shares are outstanding with a float of 392.46 million shares on hand for trading. On 2024-07-15, short shares totaled 18.22 million, which was 461.00000000000006 higher than short shares on 1718323200. In addition to Mr. Brian D. Doubles as the firm’s President, CEO & Director, Mr. Brian J. Wenzel Sr. serves as its Executive VP, CFO & Interim Principal Accounting Officer.

Institutional Ownership:

Through their ownership of 1.00535 of SYF’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SYF since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.