Stocks of Synchrony Financial (NYSE:SYF) traded higher last session on Wall Street, down -0.73% to $53.05.
SYF stock price is now -15.96% away from the 50-day moving average and -4.90% away from the 200-day moving average. The market capitalization of the company currently stands at $20.62B.
With the price target maintained at $70, Compass Point recently Downgraded its rating from Buy to Neutral for Synchrony Financial (NYSE: SYF). On January 06, 2025, Barclays Upgraded its previous ‘Equal Weight’ rating to ‘Overweight’ on the stock increasing its target price from $59 to quote $79, while ‘Morgan Stanley’ rates the stock as ‘Overweight’
In other news, DOUBLES BRIAN D, insider sold 148,747 shares of the company’s stock on Feb 28 ’25. The stock was sold for $8,938,696 at an average price of $60.09. Upon completion of the transaction, the insider now directly owns 677,421 shares in the company, valued at $35.94 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 03 ’25, Casellas Alberto sold 58,026 shares of the business’s stock. A total of $3,482,140 was realized by selling the stock at an average price of $60.01. This leaves the insider owning 56,462 shares of the company worth $3.0 million. A total of 0.46% of the company’s stock is owned by insiders.
During the past 12 months, Synchrony Financial has had a low of $39.67 and a high of $70.93. According to the stock market information, the enterprise value for the company is $22596159488, which is based on a 6.22 price-to-earnings ratio, a 0.36 price-to-earnings-growth ratio, and a beta of 1.45. The fifty day moving average price for SYF is $63.1266 and a two-hundred day moving average price translates $55.78135 for the stock.
The latest earnings results from Synchrony Financial (NYSE: SYF) was released for 2024-12-31. The net profit margin was 16.51% and return on equity was 22.96% for SYF. The company reported revenue of $5.71 billion for the quarter, compared to $5.55 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.9 percent.
