Synchrony Financial Stock Outperforms Rivals Despite Day’s Losses
December 23, 2023
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Despite losses on the day, Synchrony Financial ($NYSE:SYF) stock has outperformed its competitors. Synchrony Financial is an innovative financial services company providing a range of services from consumer financing products to private label credit cards to loyalty programs. The company has been growing in leaps and bounds, recently surpassing a number of its peers with respect to share price and performance. Synchrony Financial is a leader in innovative financial solutions for consumers.
They offer a wide variety of products including consumer financing products, private label credit cards, loyalty programs and more. The company has seen tremendous growth over recent years and has consistently outpaced its competitors when it comes to stock performance. Despite the losses on the day, Synchrony Financial was able to remain strong, showing that they are a reliable and trusted option for investors.
Share Price
On Friday, SYNCHRONY FINANCIAL stock opened at $38.3 and closed at $37.9, down by 0.3% from its previous closing price of 38.0. Despite the minor losses, the stock still outperformed its main rivals in the financial services sector. Analysts have noted that the company’s impressive first quarter results, as well as its strong financial performance, may be the reason behind its relative success. Moreover, analysts remain optimistic about the company’s prospects moving forward. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Synchrony Financial. More…
| Total Revenues | Net Income | Net Margin |
| 13.06k | 2.33k | 18.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Synchrony Financial. More…
| Operations | Investing | Financing |
| 8.12k | -13.92k | 8.54k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Synchrony Financial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 112.94k | 99.17k | 32.92 |
Key Ratios Snapshot
Some of the financial key ratios for Synchrony Financial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.1% | – | – |
| FCF Margin | ROE | ROA |
| 62.2% | 14.3% | 1.7% |
Analysis
At GoodWhale, we’ve analyzed SYNCHRONY FINANCIAL‘s fundamentals in order to draw conclusions about the company’s financial health. Our Star Chart reveals that with an intermediate health score of 6/10, SYNCHRONY FINANCIAL is likely to safely ride out any crisis without the risk of bankruptcy. We’ve classified SYNCHRONY FINANCIAL as a ‘rhino,’ a type of company that has achieved moderate revenue or earnings growth. Investors who are interested in SYNCHRONY FINANCIAL should bear in mind that the company is relatively strong in dividend, medium in growth, and weak in asset and profitability. More…
Peers
In the financial services industry, Synchrony Financial competes with American Express Co, Bread Financial Holdings Inc, and Discover Financial Services. All four companies offer credit cards, loans, and other financial products to consumers and businesses. While each company has its own strengths and weaknesses, Synchrony Financial has been able to compete effectively against its rivals.
– American Express Co ($NYSE:AXP)
American Express is a financial services company with a market cap of 107.94B as of 2022. The company provides credit cards, charge cards, and traveler’s checks to consumers and businesses worldwide. It also operates a global network of merchant acquirers and processors. American Express was founded in 1850 and is headquartered in New York, New York.
– Bread Financial Holdings Inc ($NYSE:BFH)
Bread Financial Holdings Inc is a publicly traded company with a market capitalization of 1.48 billion as of 2022. The company is engaged in the business of providing financial services, including banking, lending, and investing. Bread Financial Holdings Inc operates through its subsidiaries, including Bread Bank and Bread Investment Management.
– Discover Financial Services ($NYSE:DFS)
Discover Financial Services is a publicly traded company with a market capitalization of $25.52 billion as of 2022. The company provides consumer and student loans, credit cards, and personal banking products and services. Discover also operates the Discover Network, a payments network that processes credit card and debit card transactions.
Summary
Despite losses in the day, Synchrony Financial has still outperformed competitors in the stock market. Analysts attribute this to the company’s strong balance sheet, which allows it to operate with low debt levels and ample liquidity. Synchrony Financial’s emphasis on digital transformation and focus on customer experience have also been credited with helping the company maintain its competitive edge. Further, Synchrony Financial has made strategic acquisitions in recent years, such as mobile payments platform PayActiv, to ensure its services remain cutting-edge.
It also continues to invest in customer loyalty programs to increase customer retention. With the company’s focus on long-term growth, analysts believe Synchrony Financial stock will continue to perform well in the future.
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