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, implying a possible profit of 18.38 percent. The minimum price target given was 40, which equates to a potential downside 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 2.41 percent. The average change in earnings estimates over the last 90 days is 2.41 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.87 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.08 percent.
People are often interested in whether analysts were united in the direction of their 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.
SNV has an estimated earnings growth rate of 9.93 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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. Currently the stock is 44.86 percent higher than its low, and 5.07 percent lower than its 52-week 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.