Perhaps timely catching Synchrony Financial (SYF) would be a good idea

With 6.19 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.4 million shares. During the session, the Credit Services company that operates in wider Financial sector, reached to the highest price of $66.58 whereas the lowest price it dropped to was $64.44. The 52-week range on SYF shows that it touched its highest point at $67.76 and its lowest point at $28.84 during that stretch. It currently has a 1-year price target of $61.05. With its current market cap of 25.17 billion, SYF has annualized dividend of $1.00 while the current yield stands at 1.55%. Beta for the stock currently stands at 1.62.

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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 up-trending over the past week, with a rise of 17.23%, but this was up by 24.31% over a month. Three-month performance surged to 38.80% while six-month performance rose 40.22%. The stock gained 120.24% in the past year, while it has gained 69.26% so far this year. A look at the trailing 12-month EPS for SYF yields 7.66 with Next year EPS estimates of 6.36. For the next quarter, that number is 1.85. This implies an EPS growth rate of 24.42% for this year and -1.57% for next year. EPS is expected to grow by 39.61% 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 387.58 million shares on hand for trading. On 2024-10-15, short shares totaled 12.59 million, which was 323.00000000000006 higher than short shares on 1726185600. 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.

Institutional Ownership:

Through their ownership of 1.02296 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 15 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SYF analysts setting a high price target of 68.0 and a low target of 40.0, the average target price over the next 12 months is 60.04. Based on these targets, SYF could surge 5.2% to reach the target high and fall by -38.12% to reach the target low. Reaching the average price target will result in a decline of -7.12% from current levels.

Analysts have provided yearly estimates in a range of $6.66061 being high and $5.77457 being low. For SYF, this leads to a yearly average estimate of $6.5384. The surprise factor in the prior quarter was $1.35. Based on analyst estimates, the high estimate for the next quarter is $2.09 and the low estimate is $1.18. The average estimate for the next quarter is thus $1.66.