Synchrony Financial (NYSE:SYF) Quarterly growth Review
- Author: Zachary Reyes Jun 01, 2017,
Jun 01, 2017, 7:08
Following the completion of the sale, the insider now owns 43,390 shares of the company's stock, valued at $1,485,673.60. The Company has 52-week high of $38.06 and 52-week low of $23.25. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.9.
Several other brokerages also recently issued reports on SYF. BTIG Research reaffirmed a "buy" rating and set a $36.00 price target on shares of Synchrony Financial in a research note on Wednesday, May 24th.
Previously Synchrony Financial (NYSE:SYF) reported $0.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by $-0.12. Wells Fargo & Co started coverage on shares of Synchrony Financial in a research report on Wednesday, March 29th. Synchrony Financial (NYSE:SYF) has declined 10.35% since May 30, 2016 and is downtrending. Taking a look back at some historical performance numbers for Synchrony Financial (SYF), we can see that the stock moved 0.71% for the last five trades. The stock has "Buy" rating by Compass Point on Friday, November 4. Finally, Sanford C. Bernstein boosted their price objective on shares of Synchrony Financial from $39.00 to $45.00 and gave the company an "outperform" rating in a report on Monday, January 23rd. Shares of Synchrony Financial (NYSE:SYF) opened at 26.84 on Wednesday. Important factors to focus when evaluating a stock's present and future value are the 52 week price high and low levels. The stock's 50 day moving average is $29.49 and its 200 day moving average is $34.04. The company has market cap of $4.21 billion. The short interest to Synchrony Financial's float is 1%. That value represents a market adjusting for revenues that have been growing by 11.16 % on a quarterly year/year basis as of the company's last quarterly report. Synchrony Financial had a net margin of 15.15% and a return on equity of 16.34%. For SYF, the company now has $11.39 Billion of cash on the books, which is offset by $3.15 Billion current liabilities. During the same period in the previous year, the firm posted $0.70 EPS.
Synchrony Financial (SYF) stock price distance from twenty day simple moving average slumped at -1.38% while its distance from fifty day simple moving average declined -12.40% along with -15.25% below distance from two hundred simple moving averages.
The business also recently declared a quarterly dividend, which was paid on Thursday, May 18th.
The Stock has Weekly volatility of 1.76% and monthly volatility of 2.42%. The ex-dividend date of this dividend was Thursday, May 4th. Synchrony Financial's dividend payout ratio is now 19.19%. Rock Point Advisors Llc owns 1.00 million shares or 3.41% of their USA portfolio. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Brian D. Doubles sold 8,109 shares of the firm's stock in a transaction on Tuesday, February 28th. About 42,868 shares traded. The disclosure for this purchase can be found here. Nbw Capital Llc sold 108,260 shares as the company's stock declined 26.83% while stock markets rallied. After $0.22 actual EPS reported by People's United Financial, Inc. for the previous quarter, Wall Street now forecasts 4.55% EPS growth. Similarly, the positive performance for the quarter recorded as -25.22% and for the year was -13.03%, while the YTD performance remained at -25.28%. Commonwealth Bank of Australia raised its position in Synchrony Financial by 50.2% in the third quarter. 149,965 shares were sold by NORTON DAVID K, worth $2.89M. State of Alaska Department of Revenue acquired a new stake in shares of Synchrony Financial during the first quarter worth approximately $152,000. The firm owned 211,532 shares of the financial services provider's stock after selling 3,214 shares during the period. Sentry Investment Management LLC now owns 155,040 shares of the financial services provider's stock worth $4,341,000 after buying an additional 17,980 shares during the last quarter. Insiders own 0.02% of the company's stock.
The J.M. Smucker Company (NYSESJM), from the Consumer Goods sector exhibited a worth of $ 128.17 today, demonstrating a change in price of 0.13%. The Firm provides a range of credit products through programs it has established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers.