Wall Street analysts will be watching closely when Synovus Financial Corp. (NYSE:SNV) reports its quarterly earnings next, which is scheduled for Tue 23 Apr (In 70 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.89 per share. In the preceding quarter, the company reportedly generated EPS of $0.87 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 75.70%, a profit margin of 24.70% and a gross margin of .
Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Synovus Financial Corp. (NYSE:SNV). Most recently, on January 22nd, 2019, Piper Jaffray Upgrade a Overweight rating. Before that, on December 20th, 2018, Robert W. Baird Upgrade to Outperform. FIG Partners Upgrade a Outperform rating on November 13th, 2018, Morgan Stanley Upgrade an Overweight rating on November 12th, 2018, and Keefe Bruyette Upgrade a Outperform rating on November 9th, 2018.
At its current price point, combined with the fact that this company has 115.90M shares outstanding, the current market capitalization sits at 4.40B. In the last trading day, 3,517,254 shares of Synovus Financial Corp. were traded, which compares to its usual volume of about 2.77M shares per day of trading.
If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $1.33 in the past five trading days, resulting in a percentage change of +3.63% and a moving average of 37.40. In the past 20 days, its price changed by $3.00 (which is +8.59%) and the stock’s moving average was 36.01. Looking back a full 50 days, shares of SNV changed by $0.39 (which is +1.04%) and demonstrated a moving average of 34.49.
Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 92.64%, a 14-day Stochastic %K score of 94.05% and a 20-day Stochastic %K score of 94.78%. Using a similar metric, Synovus Financial Corp. (SNV) shares showed a Stochastic %D of 92.30% over the past 9 days, a Stochastic %D score of 93.95% over the last 14 days, and a 20-day Stochastic %D of 94.77%. Meanwhile, this stock’s MACD Oscillator was 0.78 over the past 9 days, 1.19 over the past two weeks, and 1.64 in the last 20 days.
As recent trading data suggests, this company’s shares have been hovering close to the $37.94 level. Over the past 12 months, this stock has experienced a high price of $57.40 and a low of $29.93. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.
BlackRock Fund Advisors purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Synovus Financial Corp. (NYSE:SNV) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 14,616,647 shares of the company’s stock following the addition of 1,467,568 to this investor’s holdings during the three-month period. This share count represents that BlackRock Fund Advisors now held 8.82% stake in Synovus Financial Corp. (SNV)’s shares.
Just in the most recent trading day, Synovus Financial Corp. (NYSE:SNV) experienced a high price of $38.34 and low point of $37.85. At the end of the last trading session, this stock was at 37.94 per share, following a gain of $0.29, or 0.69% during the full day.