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.
A number of analysts gave price targets for SNV. The most optimistic analyst gave a price target of 51, implying potential capital gains of 18.38 percent. The most pessimistic analyst gave a price target of 40, implying potential capital losses of -7.15 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
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. 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 7 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 8 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
SNV has an estimated earnings growth rate of 9.93 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. 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. The PEG ratio of SNV is 1.96.
SNV has traded between a high of 45.38 and a low of 29.74 over the past year. The current market price is above the trailing year's low by 44.86 percent, and below the high by 5.07 percent. 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.