Shares of Synchrony Financial (NYSE:SYF) recorded 0.24% gain during trading session on April 17th, 2019. The script traded as low as $33.07 and last traded at $33.24. 4.29 million shares changed exchanged hands during trading, an increase of 41.81% from the 30-day average session volume of 7.37M shares. The firm had previously closed at $33.16. The company has $714.04M outstanding shares, a price-to-earnings ratio of 8.88, price-to-earnings-growth ratio of 1.32and a beta of 1.27. The company has a RSI of 62.39, ATR of 0.54 and a volatility of 1.63% this week. SYF has a 52 week low price of $21.77 and a 52 week high price of $36.32.
Investors have identified the tech company Synchrony Financial as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 23.73B, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Synchrony Financial (SYF) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For SYF, the company has in raw cash 6.06 billion on their books with 9.48 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 0 total, with 0 as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
SYF were able to record 9.34 billion as free cash flow during the recently reported quarter of the year, this saw their quarterly net cash flow reduce by 10.38 billion. In cash movements, the company had a total of 0 as operating cash flow.
Potential earnings growth for Synchrony Financial (SYF)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Synchrony Financial recorded a total of 4.88 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 0.12% coming in sequential stages and their sales for the third quarter increasing by 0.04%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 543 million trying to sell their products during the last quarter, with the result yielding a gross income of 4.33 billion. This allows shareholders to hold on to 714.04M with the revenue now reading 1080 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.99 cents a share).
Is the stock of SYF attractive?
Having a look at the company’s valuation, the company is expected to record 4.71 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on SYF sounds very interesting.
In related news, See remarks Whynott Paul sold 11,600 shares of the company’s stock in a transaction that recorded on March 1st, 2019. The sale was performed at an average price of 32.83, for a total value of 380,828. As the sale deal closes, the See remarks Whynott Paul now sold 6,896 shares of the company’s stock, valued at 226,396. Also, See remarks MELITO DAVID P sold 3,204 shares of the company’s stock in a deal that was recorded on February 20th, 2019. The shares were sold at an average price of 32.00 per share, with a total market value of 26,380. Following this completion of acquisition, the See remarks now holds 3,934 shares of the company’s stock, valued at 118,020. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.
6 out of 17 analysts covering the stock have rated it a Buy, while 5 have maintained a Hold recommendation on Synchrony Financial stock. 0 analysts has assigned a Sell rating on the SYF stock. The 12-month mean consensus price target for the company’s shares has been set at $37.11.