Published: Sat, May 20, 2017
Business | By Max Garcia

Would You Buy Synchrony Financial (NYSE:SYF) On These Analyst Ratings?

Seabridge Investment Advisors Llc acquired 39,728 shares as Synchrony Financial (SYF)'s stock 0.00%. The stock is trading $32.00 its 50-day moving average by 5.5%. The stock dropped -1.60% beyond one week and declined -19.33% during previous one month session. The financial services provider reported $0.61 EPS for the quarter, missing the Zacks' consensus estimate of $0.74 by $0.13. According to these analysts, the Low Revenue Estimate for Synchrony Financial is 3.54 Billion and the High Revenue Estimate is 3.66 Billion. The Return on Equity (ROE) value stands at 15.4%. The difference between actual earnings and estimated earnings was $0.12 per share.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 18th. This represents a $0.52 annualized dividend and a yield of 1.96%.

Now the P/E of Synchrony Financial stands at 10.11.

SYF has been the topic of a number of recent research reports. Finally, Jefferies Group LLC restated a buy rating and set a $45.00 price objective (up from $43.00) on shares of Synchrony Financial in a research report on Monday, January 9th. The stock of Mastercard Inc (NYSE:MA) has "Buy" rating given on Thursday, October 8 by Guggenheim.

04/09/2017 - Oppenheimer began new coverage on Synchrony Financial giving the company a "perform" rating.

Synchrony Financial (SYF) belongs to the "Financial" sector with an industry focus on "Credit Services", with Ms. Margaret M. Keane as Chief Exec. Officer, Pres and Director. The stock of Synchrony Financial (NYSE:SYF) has "Buy" rating given on Thursday, December 15 by Bank of America.

As analysts monitor volatile markets in recent weeks they have updated their price targets on shares of Synchrony Financial (NYSE:SYF). The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 1.88 on scale of 1-5. Price targets frequently change, depending on the outlook for a company's earnings. They expect $0.60 EPS, up 3.45 % or $0.02 from last year's $0.58 per share. Following the completion of the acquisition, the director now owns 55,389 shares in the company, valued at approximately $1,539,814.20. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

05/01/2017 - Synchrony Financial had its "buy" rating reiterated by analysts at D.A. Davidson. Braun Stacey Associates Inc. now owns 348,565 shares of the financial services provider's stock valued at $11,956,000 after buying an additional 105,780 shares in the last quarter. The disclosure for this purchase can be found here. Stock monthly performance is recorded as 3.79% while its performance in last one week is -1.59%. Institutional investors and hedge funds own 89.10% of the company's stock. Norges Bank bought a new position in Synchrony Financial during the fourth quarter valued at $289,634,000. Shares of Synchrony Financial (SYF) are trading -29.79% downward from the 52-week high mark and 15.98% above from the fifty two-week low mark. Finally, BMO Capital Markets reaffirmed a "buy" rating and set a $38.00 target price on shares of Synchrony Financial in a research report on Tuesday, April 11th.

If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, SYF earned gross profit of 0, in 2015 0 gross profit, while in 2016 Synchrony Financial (SYF) produced 0 profit. Russell Investments Group Ltd. now owns 3,273,152 shares of the financial services provider's stock valued at $112,283,000 after buying an additional 579,393 shares in the last quarter. FMR LLC raised its stake in shares of Synchrony Financial by 44.7% in the fourth quarter. Strs Ohio now owns 25,341 shares of the financial services provider's stock worth $869,000 after buying an additional 1,490 shares during the period. Klingenstein Fields And Comm Ltd has invested 0.1% in Mastercard Inc (NYSE:MA). Can raised its position in Synchrony Financial by 2.8% in the third quarter.

While looking at the Stock's Performance, Synchrony Financial now shows a Weekly Performance of -4.54%, where Monthly Performance is -18.96%, Quarterly performance is -28.59%, 6 Months performance is -20.77% and yearly performance percentage is -7.87%. The stock has a 50 day moving average price of $31.69 and a 200-day moving average price of $34.12. Nbw Capital Llc who had been investing in Synchrony Financial for a number of months, seems to be less bullish one the $21.91 billion market cap company.

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The company has been one of the biggest innovators in "Credit Services" employing approximately 15000 full time employees.

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