In Wednesday’s Wall Street session, Synchrony Financial (NYSE:SYF) shares traded at $49.91, up 2.78% from the previous session.
SYF stock price is now -8.15% away from the 50-day moving average and -11.66% away from the 200-day moving average. The market capitalization of the company currently stands at $19.40B.
With the price target maintained at $44, Morgan Stanley recently Downgraded its rating from Overweight to Equal-Weight for Synchrony Financial (NYSE: SYF). On January 28, 2025, Compass Point Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock keeping its target price maintained at $70, while ‘Barclays’ 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 $33.81 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 $2.82 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 $40.54 and a high of $70.93. According to the stock market information, the enterprise value for the company is $15592755200, which is based on a 5.85 price-to-earnings ratio, a 0.39 price-to-earnings-growth ratio, and a beta of 1.42. The fifty day moving average price for SYF is $54.6536 and a two-hundred day moving average price translates $56.4825 for the stock.
The latest earnings results from Synchrony Financial (NYSE: SYF) was released for 2025-03-31. 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.
