Analyst Ratings for Synovus Financial Corp. (SNV)Updated: 2017-07-29
Shares of Synovus Financial Corp. (NYSE:SNV) have received a consensus rating of Hold from Wall Street analysts. SNV had previously received a consensus rating of Hold a month ago.
20 analysts issued ratings on the stock, where 5 gave SNV a buy rating, 1 issued an overweight rating, 13 gave a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
Investment analysts gave a few price targets for SNV. The highest price target was 51, which equates to a potential upside of 18.38 percent. The minimum price target given was 40, implying a possible loss of -7.15 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 2.41 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 2.41 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.87 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.08 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 7 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 8 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of SNV to grow at a rate of 9.93 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. SNV has a PEG ratio of 1.96.
SNV has a 52-week high of 45.38 and a 52-week low of 29.74. The current market price is above the trailing year's low by 44.86 percent, and 5.07 percent below the high. SNV has a price/earnings ratio of 19.49. Investors typically compare the P/E ratio to a company's peers in the industry. The SNV value stock report compares SNV to some of its peers using value stock charts. The market cap of SNV is $5.29 billion. SNV is estimated to release their earnings results for the quarter on 0000-00-00, days from today.