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 most optimistic price target was 51, implying a possible profit of 18.38 percent. The most pessimistic price target was 40, implying a possible loss of -7.15 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 2.41 percent. That number becomes 2.41 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 1.87 percent. 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. During this time, 8 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of SNV to grow at a rate of 9.93 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of SNV is 1.96.
In the last 52-weeks, SNV has achieved a high of 45.38 and a low of 29.74. Currently the stock is 44.86 percent higher than its low, and 5.07 percent lower than its 52-week high. SNV has a P/E 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 will post this quarters earnings in days, on 0000-00-00.