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.
SNV was given price targets by several analysts. The highest price target was 51, which equates to a potential upside of 18.38 percent. The minimum price target given was 40, implying potential capital losses 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. Meanwhile, fiscal year estimates have been revised upwards by 1.87 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 2.08 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 7 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 8 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
SNV has an estimated earnings growth rate of 9.93 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, 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.
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 below the 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 stock has a market capitalization of $5.29 billion. SNV's next earnings release will be on 0000-00-00, which is days away.