We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Synchrony Partners With Adobe Commerce to Enhance Merchant Financing
Read MoreHide Full Article
In a strategic move to empower online merchants, Synchrony Financial (SYF - Free Report) announced its partnership with Adobe Commerce to enhance the digital commerce landscape. This collaboration is designed to boost e-commerce growth by enabling flexible payment options at checkout.
It marks a pivotal step forward in the world of digital commerce and fintech. Synchrony’s set of credit solutions, ranging from extended-term credit cards to pay-later installment financing, will now be accessible to a wide merchant base of Adobe Commerce. This collaboration will benefit both companies as it will increase customer affordability, and enhance cart conversion rates and order size.
With financing options seamlessly integrated into the shopping experience, sellers can provide instant credit decisions and payment plans that align with what consumers want in today’s buy now, pay later (BNPL) world. Plus, at a time when consumer spending habits are changing, this integration offers a much-needed solution. The flexibility in financing can really help shoppers, especially when it makes it easier to afford high-priced items.
In conclusion, this partnership showcases a changing retail landscape where financing solutions play a crucial role, not just behind the scenes but right at the forefront of customer interaction and business expansion. It’s a smart, progressive step that places both Synchrony and Adobe Commerce right at the crossroads of technology, finance and customer experience. With rising demand for BNPL and growing macroeconomic and consumer spending concerns, the partnership is expected to garner immense value.
SYF Stock Price Performance
In the past six months, Synchrony shares have declined 15.1%, narrower than the industry’s average of 16.3%.
The Zacks Consensus Estimate for Atlanticus’ current-year earnings is pegged at $6.17 per share, up from 29.4% a year ago. Atlanticus beat earnings estimates in each of the past four quarters, with an average surprise of 11.41%. The consensus mark for its current-year revenues is pegged at nearly $1.5 billion, which indicates a 10.8% year-over-year jump.
The Zacks Consensus Estimate for Oportun’s 2025 earnings implies 65.3% year-over-year growth. In the past two months, Oportun has witnessed four upward estimate revisions against none in the opposite direction. It beat earnings estimates in each of the past four quarters, with an average surprise of 209.3%.
The Zacks Consensus Estimate for Acadian’s current-year earnings is pegged at $2.89 per share, implying 4.7% year-over-year growth. In the past week, Acadian has witnessed one upward estimate revision against none in the opposite direction. The consensus mark for the current-year revenues suggests a 7.8% year-over-year increase.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Synchrony Partners With Adobe Commerce to Enhance Merchant Financing
In a strategic move to empower online merchants, Synchrony Financial (SYF - Free Report) announced its partnership with Adobe Commerce to enhance the digital commerce landscape. This collaboration is designed to boost e-commerce growth by enabling flexible payment options at checkout.
It marks a pivotal step forward in the world of digital commerce and fintech. Synchrony’s set of credit solutions, ranging from extended-term credit cards to pay-later installment financing, will now be accessible to a wide merchant base of Adobe Commerce. This collaboration will benefit both companies as it will increase customer affordability, and enhance cart conversion rates and order size.
With financing options seamlessly integrated into the shopping experience, sellers can provide instant credit decisions and payment plans that align with what consumers want in today’s buy now, pay later (BNPL) world. Plus, at a time when consumer spending habits are changing, this integration offers a much-needed solution. The flexibility in financing can really help shoppers, especially when it makes it easier to afford high-priced items.
In conclusion, this partnership showcases a changing retail landscape where financing solutions play a crucial role, not just behind the scenes but right at the forefront of customer interaction and business expansion. It’s a smart, progressive step that places both Synchrony and Adobe Commerce right at the crossroads of technology, finance and customer experience. With rising demand for BNPL and growing macroeconomic and consumer spending concerns, the partnership is expected to garner immense value.
SYF Stock Price Performance
In the past six months, Synchrony shares have declined 15.1%, narrower than the industry’s average of 16.3%.
Image Source: Zacks Investment Research
SYF’s Zacks Rank & Key Picks
SYF currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader finance space are Atlanticus Holdings Corporation (ATLC - Free Report) , Oportun Financial Corporation (OPRT - Free Report) and Acadian Asset Management Inc. (AAMI - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Atlanticus’ current-year earnings is pegged at $6.17 per share, up from 29.4% a year ago. Atlanticus beat earnings estimates in each of the past four quarters, with an average surprise of 11.41%. The consensus mark for its current-year revenues is pegged at nearly $1.5 billion, which indicates a 10.8% year-over-year jump.
The Zacks Consensus Estimate for Oportun’s 2025 earnings implies 65.3% year-over-year growth. In the past two months, Oportun has witnessed four upward estimate revisions against none in the opposite direction. It beat earnings estimates in each of the past four quarters, with an average surprise of 209.3%.
The Zacks Consensus Estimate for Acadian’s current-year earnings is pegged at $2.89 per share, implying 4.7% year-over-year growth. In the past week, Acadian has witnessed one upward estimate revision against none in the opposite direction. The consensus mark for the current-year revenues suggests a 7.8% year-over-year increase.