With 2.52 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.76 million shares. The 52-week range on SYF shows that it touched its highest point at $70.93 and its lowest point at $40.54 during that stretch. It currently has a 1-year price target of $64.05. With its current market cap of 21.87 billion, SYF has annualized dividend of $1.05 while the current yield stands at 1.83%. Beta for the stock currently stands at 1.43.
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 -1.37%, but this was up by 7.58% over a month. Three-month performance surged to 6.09% while six-month performance fell -14.37%. The stock gained 31.89% in the past year, while it has lost -11.62% so far this year. A look at the trailing 12-month EPS for SYF yields 7.28 with Next year EPS estimates of 8.70. For the next quarter, that number is 1.57. This implies an EPS growth rate of 16.82% for this year and 13.17% for next year. EPS is expected to grow by 15.97% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 8.99%.
Float and Shares Shorts:
At present, 380.54 million SYF shares are outstanding with a float of 378.91 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $6.87997 being high and $6.57555 being low. For SYF, this leads to a yearly average estimate of $6.63643. Based on analyst estimates, the high estimate for the next quarter is $2.55 and the low estimate is $1.88. The average estimate for the next quarter is thus $2.18.