SYNCHRONY FINANCIAL (NYSE:SYF) Files An 8-K Regulation FD Disclosure

SYNCHRONY FINANCIAL (SYF) Earnings Surprise: Earnings surprises can have a huge impact on a company's stock price. Guggenheim's price objective indicates a potential upside of 20.75% from the company's previous close.

Synchrony Financial closed its last trading session at $26.84 with the loss of -1.27%. Finally, Wells Fargo & Co initiated coverage on shares of Synchrony Financial in a research note on Wednesday, March 29th. They now have a United States dollars 35 price target on the stock. In terms of the stock price in relation to its moving averages, company shares are -5.31% away from the 20-day moving average and -13.66% off of the 50-day average. BofA/Merrill raised its rating on Synchrony Financial to Buy on 15/12/2016 in a reversal from its prior Neutral rating. Oppenheimer Holdings Inc. reaffirmed a "hold" rating on shares of Synchrony Financial in a research report on Sunday, April 30th. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 1.88 on scale of 1-5. Credit Suisse maintained it with "Buy" rating and $49 target in Friday, April 28 report.

Braun Stacey Associates Inc. increased its stake in shares of Synchrony Financial (NYSE:SYF) by 43.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). 7,949,542 shares of the company's stock traded hands. Nevsun Resources Ltd. (NYSE:NSU) distance from 200-day simple moving average (SMA200) is -18.02%. Vetr cut shares of Synchrony Financial from a "strong-buy" rating to a "buy" rating and set a $40.10 price objective for the a research report on Monday, February 6th. The stock has a market capitalization of $21.67 billion, a price-to-earnings ratio of 10.19 and a beta of 1.06. Synchrony Financial (NYSE:SYF) has risen 6.00% since April 19, 2017 and is uptrending. The difference between the expected and actual EPS was $-0.12/share, which represents an Earnings surprise of -16.4%. The company had revenue of $3.59 billion during the quarter, compared to the consensus estimate of $3.54 billion. The Return on Equity (ROE) value stands at 15.4%. During the same period past year, the company posted $0.70 earnings per share. Analysts are expecting EPS growth rates to be at 2.20% this quarter and EPS estimate for next year reflect a 22.31% growth rate.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 18th. The stock rose 1.96% or $0.52 reaching $27.02. The ex-dividend date is Thursday, May 4th. Synchrony Financial P/E (price to earnings) ratio is 10.11 and Forward P/E ratio of 8.33.

GOP senator on Comey memo: 'Republicans can't be OK with this'
Trump has been under scrutiny from Democrats and political pundits since he abruptly fired Comey last week. The FBI has been looking into Flynn for months as part of a counterintelligence investigation.

WARNING: This piece of content was reported by The Cerbat Gem and is owned by of The Cerbat Gem. The correct version of this story can be viewed at

In other Synchrony Financial news, Director Will W. Graylin acquired 18,000 shares of the company's stock in a transaction that occurred on Monday, May 1st. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Following the completion of the sale, the insider now owns 43,390 shares of the company's stock, valued at $1,485,673.60. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 9,457 shares of company stock valued at $339,056. Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Commonwealth Bank of Australia increased its position in Synchrony Financial by 50.2% in the third quarter. It also upped Air Prods & Chems Inc (NYSE:APD) stake by 1.10M shares and now owns 1.40 million shares.

12/07/2016 - Synchrony Financial was downgraded to "neutral" by analysts at Wedbush. Strs Ohio now owns 25,341 shares of the financial services provider's stock worth $869,000 after buying an additional 1,490 shares during the period. State Street Corp now owns 35,391,924 shares of the financial services provider's stock valued at $1,283,661,000 after buying an additional 2,287,606 shares in the last quarter. Baupost Group LLC MA raised its position in Synchrony Financial by 17.6% in the fourth quarter. Shares of Synchrony Financial (SYF) are trading -29.79% downward from the 52-week high mark and 15.98% above from the fifty two-week low mark. SeaBridge Investment Advisors LLC raised its position in Synchrony Financial by 28.9% in the third quarter. Baupost Group LLC MA now owns 20,665,000 shares of the financial services provider's stock valued at $749,520,000 after buying an additional 3,100,000 shares in the last quarter. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data.

About Synchrony Financial Synchrony Financial is a consumer financial services company.

Related News:

Most liked

Cannes Day 2 Pictures: Deepika Stuns In Thigh High Slit Dress
Exuding charm, she added oomph to her look by accenting it with jewellery from deGrisogono and footwear from Chloegosselin. Thelma and Louise star Susan has been inundated with postitive comments after sharing her picture with fans on Instagram.

Boeing seeks talks with Canada over threat to scrap jet purchase
The threat against Boeing only complicates a Canadian military procurement system which many analysts say is broken. Louis-made Super Hornet jets, a source familiar with the matter told Reuters.

Senators Say Still Many Questions To Be Answered After Rosenstein Briefing
Whitehouse proposed Mueller use his scope to look into the circumstances under which former FBI Director James Comey was sacked . President Donald Trump seemed to muddle some of the competing explanations for firing FBI Director James Comey last week.

US maintains Iran nuclear deal sanctions relief
Simultaneously, the State Department released a congressionally mandated semi-annual report on human rights abuses. Many saw the new sanctions as tokens and warnings rather than as teeth behind the president's threat.

McIlroy withdraws from BMW PGA Championship with rib injury
Open during his looming absence. "I felt a bit of stiffness on Sunday, hit a couple of drives, and didn't feel quite right". However, McIlroy has announced that he will indeed continue to prepare for the heralded U.S.

Trump Says He's Victim of Witch Hunt, Denies Pressuring FBI Chief
The Twitter messages were a departure from the more measured tone of a formal statement issued Wednesday night by the White House. Flynn's lawyer and transition lawyers, shows that the Trump team knew about the investigation of Mr.

Iran sanctions 9 American firms as countermeasure
The dual announcement of the sanction waivers and new measures could conceivably have some impact on voting intentions. Qasemi, echoing Iran's official stance, said Iran's ballistic missile program was no breach of the nuclear deal.

In Key GST Meet Held In Kashmir, Government's Political Message
GST, among other things, will eliminate tariff barriers between states and economically unify India. Total debt for the sector is at around Rs 4.5 lakh crore, while revenues are around than half this.

Assange seeks contact with US, UK officials
Justice Department has also said they were looking for way to indict Assange as well. "Focus now moves to United Kingdom ". From outside the embassy, Sky's Ashish Joshi said: "Assange sounded angry, he sounded triumphant and he sounded defiant".

Spicer: Kushner 'Not Involved' in Family's Chinese EB-5 Visa Pitch
Before taking on his role in the White House, Jared Kushner sold his stake in Kushner Companies to a family trust. The visa program is so popular with China's wealthy elites that it's commonly referred to as the " golden visa ".

Chaffetz unsure if Comey documents exist
House of Representatives for almost nine years has been a rare honor and privilege", he said . Chaffetz now serves as chairman of the House's Oversight and Government Reform Committee.

John McCain calls for expulsion of Turkey's ambassador to US
President Donald Trump watches Turkish President Recep Tayyip Erdogan depart the White House in Washington , Tuesday, May 16, 2017.

HBSE Class 10 Result 2017 Results Coming Soon
Lakhs of students are waiting for the results to be declared as many of them are waiting for more than 45 days for the result. Earlier this week the board officials had said that evaluation of answer sheets were over and HBSE is ready with the results.

Lib Dems promise to spend £8m on NHS services in Newbury
The Lib Dems state the NHS is in a state of crisis, and want to merge the NHS and social care in a bid to resolve this. Scottish Lib Dem candidate Jo Swinson said the party would also take positive steps to support the Scottish economy.

Amid tumult, Trump leaves on first presidential foreign trip
It's not as though Trump will steer clear of values statements while in the Middle East. "After four months of interactions between Mr.