Synchrony Financial (SYF)
46.15 USD -2.02 (-4.19%) Volume: 7.94M
Discover Synchrony Financial’s stock price performance, currently valued at 46.15 USD, experiencing a decrease of -4.19% this trading session, with a trading volume of 7.94M. Despite today’s dip, SYF’s Year-to-Date performance shows a promising increase of +20.84%, reflecting its strong market presence.
Latest developments on Synchrony Financial
Today, Synchrony Financial (NYSE:SYF) saw its stock price drop by 7.1% following the company’s report of an increase in delinquencies and charge-offs. This news has investors concerned about the financial health of the company, leading to a sell-off of shares. Synchrony Financial, known for its credit card and consumer financing services, is now facing challenges as more customers struggle to make payments on time. The rise in delinquencies signals potential losses for the company, causing a negative impact on its stock price.
A look at Synchrony Financial Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Synchrony Financial has a positive long-term outlook. With a Growth score of 4 and a Resilience score of 5, the company is positioned well for future expansion and able to withstand economic challenges. Additionally, Synchrony Financial‘s Value and Dividend scores of 3 indicate stability and potential for returns to investors. Although the Momentum score is 3, the overall outlook for Synchrony Financial appears promising.
Synchrony Financial operates as a consumer financial services company, offering a variety of credit products through partnerships with various retailers, merchants, manufacturers, and healthcare providers. With its strong Resilience score and solid Growth score, Synchrony Financial is likely to continue its success in the consumer finance industry, providing value to both customers and investors alike.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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