Synchrony Financial (NYSE:SYF) shares, rose in value on Wednesday, January 22, with the stock price up by 1.47% to the previous day’s close as strong demand from buyers drove the stock to $70.49.
Actively observing the price movement in the last trading, the stock closed the session at $69.47, falling within a range of $69.4 and $70.75. The value of beta (5-year monthly) was 1.593 whereas the PE ratio was 9.20 over 12-month period. Referring to stock’s 52-week performance, its high was $69.89, and the low was $36.85. On the whole, SYF has fluctuated by 10.85% over the past month.
With the market capitalization of Synchrony Financial currently standing at about $27.44 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 1.00, with its dividend yield at 1.42%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 15.76B, with a low estimate of 3.72B and a high estimate of 3.9B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.83B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SYF’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.50, with the price of SYF currently trading nearly 5.87% and 6.24% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 65.33, while the 7-day volatility ratio is showing 1.88% which for the 30-day chart, stands at 2.37%. Furthermore, Synchrony Financial (SYF)’s beta value is 1.63, and its average true range (ATR) is 1.67.
A comparison of Synchrony Financial (SYF) with its peers suggests the former has fared considerably weaker in the market. SYF showed an intraday change of 1.47% in last session, and over the past year, it grew by 90.98%%.
Data on historical trading for Synchrony Financial (NYSE:SYF) indicates that the trading volumes over the past 10 days have averaged 2.62 and over the past 3 months, they’ve averaged 3.46 million. According to company’s latest data on outstanding shares, there are 389.22 million shares outstanding.
Nearly 0.45% of Synchrony Financial’s shares belong to company insiders and institutional investors own 100.14% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 10.78 million shares as on 2024-12-31, resulting in a short ratio of 3.22. According to the data, the short interest in Synchrony Financial (SYF) stood at 433.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 12.69 million. The stock has risen by 8.45% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SYF stock heading into the next quarter.
