News articles about Synchrony Financial (NYSE:SYF) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Synchrony Financial earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 45.788668933201 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Synchrony Financial: Bullish Convergence Of Events (seekingalpha.com)
- Will Synchrony Financial (SYF) Disappoint in Q3 Earnings? (finance.yahoo.com)
- The Week Ahead: Earnings, Earnings, And More Earnings (feeds.benzinga.com)
- Active Stock’s Momentum: Synchrony Financial,(NYSE: SYF),Hilton Worldwide Holdings Inc., (NYSE: HLT), Exelixis, Inc … – Money making news (press release) (stocknews.pro)
- Edited Transcript of SYF earnings conference call or presentation 22-Jan-16 1:30pm GMT (finance.yahoo.com)
Several research firms have recently weighed in on SYF. BidaskClub cut shares of Synchrony Financial from a “buy” rating to a “hold” rating in a research report on Friday, July 28th. Oppenheimer Holdings, Inc. restated a “hold” rating on shares of Synchrony Financial in a research report on Saturday, July 22nd. BMO Capital Markets restated a “buy” rating on shares of Synchrony Financial in a research report on Friday, July 21st. Jefferies Group LLC restated a “buy” rating and set a $40.00 price objective on shares of Synchrony Financial in a research report on Friday, July 14th. Finally, Instinet restated a “buy” rating and set a $35.00 price objective (down previously from $38.00) on shares of Synchrony Financial in a research report on Wednesday, July 12th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. Synchrony Financial has an average rating of “Buy” and a consensus price target of $36.63.
Synchrony Financial (SYF) opened at 31.51 on Thursday. Synchrony Financial has a 12 month low of $26.01 and a 12 month high of $38.06. The company has a 50-day moving average of $30.32 and a 200-day moving average of $29.92. The stock has a market cap of $25.06 billion, a PE ratio of 11.83 and a beta of 1.01.
Synchrony Financial (NYSE:SYF) last released its quarterly earnings data on Friday, July 21st. The financial services provider reported $0.61 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.58 by $0.03. Synchrony Financial had a net margin of 13.43% and a return on equity of 13.87%. The business had revenue of $3.64 billion during the quarter, compared to analyst estimates of $3.59 billion. During the same quarter last year, the business earned $0.58 earnings per share. On average, equities analysts forecast that Synchrony Financial will post $2.59 EPS for the current fiscal year.
In other news, Director Paget Leonard Alves bought 2,000 shares of Synchrony Financial stock in a transaction dated Monday, July 24th. The shares were acquired at an average price of $30.85 per share, with a total value of $61,700.00. Following the completion of the purchase, the director now owns 8,521 shares in the company, valued at approximately $262,872.85. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.03% of the company’s stock.
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Synchrony Financial Company Profile
Synchrony Financial is a consumer financial services company. The Company provides a range of credit products through programs it has established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers. The Company’s revenue activities are managed through three sales platforms: Retail Card, Payment Solutions and CareCredit.
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