Synchrony Financial (NYSE:SYF) registered a -0.16% decrease, still its new closing price is 59.01% up from the company’s 1 year high of 38.06.It posted 1.08% gains in previous 5 sessions and is now the subject of 1 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 10 buy or better ratings. The 21 stock analysts following this company have an average price target at $42.90, with individual PT in the $37.00-$49.00 range. The shares moved at $36.63, implying that brokerage firms see shares gaining about 32.09% in twelve months time.
Synchrony Financial (SYF) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 0.99% rise year to date. A See remarks at Synchrony Financial (SYF) offloaded shares in a transaction closed on Wednesday January 04, 2017. MELITO DAVID P sold 1,392 shares in the company at $38 each and collected $52,001 in proceeds. MELITO DAVID P now owns 40,863 shares in the company after this transaction. A See remarks in the company, DOUBLES BRIAN D, disclosed a transaction on Tuesday November 22, 2016 that ended up generating $204,000 from the sale of 6,000 shares at $34 per share.
Synchrony Financial (NYSE:SYF) Upcoming Results on Tap
Synchrony Financial will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.76 in that period. Sales during the quarter are predicted to arrive at $3.5 billion.
Earnings surprise history: Last quarter, the company posted approximately $3.63 billion in revenue and EPS of $0.70. The mean forecast was for $3.56 billion and $0.67 a share, respectively. One quarter earlier, revenue for the stock was at $3.48 billion, with earnings at $0.73/share.
Synchrony Financial (SYF) Brokerage Update
Synchrony Financial (SYF) is in BofA/Merrill’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Neutral by BofA/Merrill, according to news reported on Thursday December 15, 2016.Another important research note was issued by Wedbush on Wednesday December 07, 2016.The firm downgraded SYF to Neutral from Outperform. Over the last six months and over the last three months, the shares of Synchrony Financial (SYF), have changed 32.46% and 28.22%, respectively.