The stock of Synchrony Financial (NYSE:SYF) last traded at $65.13, up 0.02% from the previous session.
SYF stock price is now 22.09% away from the 50-day moving average and 40.08% away from the 200-day moving average. The market capitalization of the company currently stands at $25.36B.
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On August 09, 2024, BofA Securities Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $54, while ‘Compass Point’ rates the stock as ‘Buy’
In other news, Howse Curtis, insider sold 21,934 shares of the company’s stock on Nov 01 ’24. The stock was sold for $1,209,221 at an average price of $55.13. Upon completion of the transaction, the insider now directly owns 99,743 shares in the company, valued at $6.5 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 01 ’24, Officer Howse Curtis bought 21,934 shares of the business’s stock. A total of $1,209,221 was incurred on buying the stock at an average price of $55.13. A total of 0.45% of the company’s stock is owned by insiders.
During the past 12 months, Synchrony Financial has had a low of $28.84 and a high of $67.76. According to the stock market information, the enterprise value for the company is $24277999616, which is based on a 8.50 price-to-earnings ratio, a 0.21 price-to-earnings-growth ratio, and a beta of 1.62. The fifty day moving average price for SYF is $53.0292 and a two-hundred day moving average price translates $46.3677 for the stock.
The latest earnings results from Synchrony Financial (NYSE: SYF) was released for 2024-09-30. The net profit margin was 15.08% and return on equity was 21.28% for SYF. The company reported revenue of $5.79 billion for the quarter, compared to $5.35 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.05 percent.
