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Synchrony (SYF) Stock Moves -1.47%: What You Should Know
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Synchrony (SYF - Free Report) closed the most recent trading day at $25.53, moving -1.47% from the previous trading session. This move was narrower than the S&P 500's daily loss of 1.66%. At the same time, the Dow lost 1.56%, and the tech-heavy Nasdaq lost 3.03%.
Coming into today, shares of the consumer credit company had lost 12.58% in the past month. In that same time, the Finance sector lost 0.18%, while the S&P 500 lost 2.43%.
Investors will be hoping for strength from SYF as it approaches its next earnings release, which is expected to be January 18, 2019. In that report, analysts expect SYF to post earnings of $0.87 per share. This would mark year-over-year growth of 24.29%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $4.26 billion, up 7.03% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $3.54 per share and revenue of $16.09 billion. These totals would mark changes of +35.11% and +6.73%, respectively, from last year.
Any recent changes to analyst estimates for SYF should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 3.62% higher within the past month. SYF currently has a Zacks Rank of #2 (Buy).
Digging into valuation, SYF currently has a Forward P/E ratio of 7.32. For comparison, its industry has an average Forward P/E of 10.69, which means SYF is trading at a discount to the group.
Meanwhile, SYF's PEG ratio is currently 0.7. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Financial - Miscellaneous Services industry currently had an average PEG ratio of 1.38 as of yesterday's close.
The Financial - Miscellaneous Services industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 149, which puts it in the bottom 42% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow SYF in the coming trading sessions, be sure to utilize Zacks.com.
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Synchrony (SYF) Stock Moves -1.47%: What You Should Know
Synchrony (SYF - Free Report) closed the most recent trading day at $25.53, moving -1.47% from the previous trading session. This move was narrower than the S&P 500's daily loss of 1.66%. At the same time, the Dow lost 1.56%, and the tech-heavy Nasdaq lost 3.03%.
Coming into today, shares of the consumer credit company had lost 12.58% in the past month. In that same time, the Finance sector lost 0.18%, while the S&P 500 lost 2.43%.
Investors will be hoping for strength from SYF as it approaches its next earnings release, which is expected to be January 18, 2019. In that report, analysts expect SYF to post earnings of $0.87 per share. This would mark year-over-year growth of 24.29%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $4.26 billion, up 7.03% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $3.54 per share and revenue of $16.09 billion. These totals would mark changes of +35.11% and +6.73%, respectively, from last year.
Any recent changes to analyst estimates for SYF should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 3.62% higher within the past month. SYF currently has a Zacks Rank of #2 (Buy).
Digging into valuation, SYF currently has a Forward P/E ratio of 7.32. For comparison, its industry has an average Forward P/E of 10.69, which means SYF is trading at a discount to the group.
Meanwhile, SYF's PEG ratio is currently 0.7. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Financial - Miscellaneous Services industry currently had an average PEG ratio of 1.38 as of yesterday's close.
The Financial - Miscellaneous Services industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 149, which puts it in the bottom 42% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow SYF in the coming trading sessions, be sure to utilize Zacks.com.