Synchrony Financial (NYSE:SYF) Releases Quarterly Earnings Results, Beats Estimates By $0.23 EPS

Synchrony Financial (NYSE:SYF) released its quarterly earnings results on Tuesday. The financial services provider reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.23, Zacks reports. Synchrony Financial had a return on equity of 18.30% and a net margin of 15.36%. Synchrony Financial updated its FY 2025 guidance to EPS.

Synchrony Financial Price Performance

NYSE SYF opened at $47.33 on Tuesday. Synchrony Financial has a 12-month low of $40.55 and a 12-month high of $70.93. The firm’s fifty day simple moving average is $53.92 and its two-hundred day simple moving average is $60.38. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 1.01. The firm has a market capitalization of $18.40 billion, a P/E ratio of 5.54, a P/E/G ratio of 0.71 and a beta of 1.45.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on SYF. UBS Group increased their target price on shares of Synchrony Financial from $58.00 to $66.00 and gave the company a “neutral” rating in a research note on Monday, January 13th. JPMorgan Chase & Co. cut their target price on Synchrony Financial from $76.00 to $50.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 8th. The Goldman Sachs Group dropped their price objective on Synchrony Financial from $82.00 to $70.00 and set a “buy” rating for the company in a report on Tuesday, March 18th. Compass Point downgraded Synchrony Financial from a “buy” rating to a “neutral” rating and set a $70.00 target price for the company. in a research report on Tuesday, January 28th. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $44.00 price objective (down previously from $82.00) on shares of Synchrony Financial in a report on Monday, April 7th. Eight analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Synchrony Financial has a consensus rating of “Moderate Buy” and an average price target of $65.11.

About Synchrony Financial

Synchrony Financial, together with its subsidiaries, operates as a consumer financial services company in the United States. It provides credit products, such as credit cards, commercial credit products, and consumer installment loans. The company also offers private label credit cards, dual co-brand and general purpose credit cards, short- and long-term installment loans, and consumer banking products; and deposit products, including certificates of deposit, individual retirement accounts, money market accounts, and savings accounts, and sweep and affinity deposits, as well as accepts deposits through third-party securities brokerage firms.