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SYF

Synchrony

$33.22

0.06 (0.18%)

06:46
04/18/19
04/18
06:46
04/18/19
06:46

Synchrony reports Q1 EPS $1.56, consensus 93c

Reports Q1 CET1 capital ratio 14.5%. Reports Q1 book value per share $21.35. Reports Q1 net charge-offs 6.06%. Results include a $522M pre-tax, $395M after-tax, or 56c per diluted share benefit from reserves released. "We are maintaining the momentum we generated over the last several quarters. Our focus on organic growth, program renewals, valuable strategic partnerships, forward-thinking technology investments, and actionable data analytics, continue to be key factors in driving solid growth and strong partnerships," said Margaret Keane, president and CEO of Synchrony Financial. "Synchrony's balance sheet remains strong as we continue to focus on creating value for shareholders through growth, portfolio acquisitions, and the execution of our capital plan."

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SYF Synchrony
$33.22

0.06 (0.18%)

02/14/19
GSCO
02/14/19
UPGRADE
Target $38
GSCO
Buy
Synchrony upgraded to Buy from Neutral at Goldman Sachs
Goldman Sachs analyst Ryan Nash upgraded Synchrony Financial to Buy and raised his price target for the shares to $38 from $36. With shares trading at a discount to peers due to credit-related concerns, the current valuation is "compelling," Nash tells investors in a research note. Synchrony shares should outperform now that the contract renewal overhangs have been largely removed post the renewals of four of its five largest partners to 2024 and beyond, the analyst contends. Further, he believes Synchrony's credit normalization has largely subsided with flat underlying losses in 2019 and upside to 2020 consensus losses. In addition, a "robust" capital return program could drive $5B of repurchases over the next six quarters, says Nash.
02/14/19
02/14/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Exxon Mobil (XOM) double upgraded to Outperform from Underperform at Macquarie with analyst David Hewitt saying with a "world class" Guyana play, multiple liquefied natural gas developments, the Permian "juggernaut" and growth in the integrated downstream, Exxon is "well positioned for the future, and is not being overly distracted by the energy transition debate." 2. Synchrony (SYF) upgraded to Buy from Neutral at Goldman Sachs with analyst Ryan Nash saying with shares trading at a discount to peers due to credit-related concerns, the current valuation is "compelling." 3. Teva (TEVA) upgraded to Outperform from Market Perform at Raymond James. 4. Elevate Credit (ELVT) upgraded to Buy from Neutral at BTIG with analyst Mark Palmer saying he views the shares as "simply too inexpensive" at current levels. 5. NetApp (NTAP) upgraded to Buy from Hold at Cross Research. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
03/07/19
LSCM
03/07/19
NO CHANGE
Target $46
LSCM
Buy
Trupanion 12% selloff on Synchrony deal an overreaction, says Lake Street
Lake Street analyst Mark Argento views the 12% selloff yesterday in shares of Trupanion (TRUP) on Synchrony Financial's (SYF) acquisition of Pets Best insurance as an overreaction. Pets Best insurance is a pet health insurance product company underwritten by Trupanion's insurance subsidiary, American Pet Insurance Company, Argento tells investors in a research note. The analyst understands the "knee jerk reaction" to the stock trading off as there is a risk that Synchrony could move underwriting of Pets Best's 125,000 pet policies away from Trupanion. Further, Pets Best with Synchrony is now a more formidable competitor to Trupanion, he adds. However, it is important to note Synchrony is not an insurance company and will likely need to maintain or grow its underwriting relationship with Trupanion, Argento writes. He believes Synchrony's motivation for the acquisition is to cross-sell its CareCredit consumer credit products to Pets Best's 125,000 policyholders and vice versa. This is a consumer credit play for Synchrony and not a foray into the insurance business "from what we can tell at this juncture," says the analyst. Argento keeps a Buy rating on Trupanion with a $46 price target.
04/02/19
RHCO
04/02/19
NO CHANGE
Target $210
RHCO
Buy
Alliance Data price target raised to $210 from $190 at SunTrust
SunTrust analyst Andrew Jeffrey reiterated a Buy rating on Alliance Data (ADS) and raised his price target to $210 from $190, telling investors in a research note that he believes Alliance deserves at least the 10% implied pf PE premium to Synchrony (SYF), its closest competitor, as it becomes more a pure-play, value-added, data-driven card services provider. He also likes Alliance's improving customer mix and its effort to divest non-core businesses.

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UBER

Uber

$41.40

0.94 (2.32%)

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APTO

Aptose Biosciences

$2.01

0.03 (1.52%)

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TRNX

Taronis Technologies

$0.48

0.004 (0.84%)

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USEG

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$0.45

0.0373 (9.10%)

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AAPL

Apple

$179.03

-0.64 (-0.36%)

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SPCB

SuperCom

$1.17

-0.005 (-0.43%)

17:21
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USEG

U.S. Energy

$0.45

0.0373 (9.10%)

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MYOV

Myovant Sciences

$12.39

-0.465 (-3.62%)

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MYOV

Myovant Sciences

$12.39

-0.465 (-3.62%)

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NVS

Novartis

$87.49

3.03 (3.59%)

, QGEN

Qiagen

$38.22

-0.255 (-0.66%)

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NVS

Novartis

$87.49

3.03 (3.59%)

QGEN

Qiagen

$38.22

-0.255 (-0.66%)

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AVH

Avianca

$3.96

0.91 (29.84%)

16:56
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ANAC suspends flights, operations of Avianca Brasil, Reuters reports »

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AAPL

Apple

$179.03

-0.64 (-0.36%)

16:53
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  • 03

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SHSP

SharpSpring

$16.37

-0.24 (-1.44%)

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CREG

China Recycling Energy

$0.48

0.005 (1.05%)

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FENC

Fennec

$3.88

(0.00%)

16:36
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16:36
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Fennec management to meet with Wedbush »

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TD

Toronto-Dominion

$56.66

0.65 (1.16%)

16:35
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CBUS

Cibus

$0.00

(0.00%)

16:25
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BA

Boeing

$355.14

4.57 (1.30%)

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FB

Facebook

$181.03

0.14 (0.08%)

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$355.14

4.57 (1.30%)

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$80.77

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SMI

SMIC

$5.23

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HPQ

HP Inc.

$20.03

0.835 (4.35%)

HPE

HP Enterprise

$14.36

0.03 (0.21%)

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Novartis

$87.49

3.03 (3.59%)

CNC

Centene

$56.84

1.39 (2.51%)

WCG

WellCare

$275.45

0.99 (0.36%)

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TSYS

$113.42

13.81 (13.86%)

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Global Payments

$153.42

5.45 (3.68%)

HIBB

Hibbett Sports

$23.91

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DVAX

Dynavax

$5.77

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FL

Foot Locker

$44.39

-8.455 (-16.00%)

SPLK

Splunk

$119.13

-9.55 (-7.42%)

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VIX

Volatility Index S&P 500 Options

$0.00

(0.00%)

16:20
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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

16:17
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$NYE

NYSE Market Internals

$0.00

(0.00%)

16:16
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Technical Analysis
NYSE market internals summary »

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RHE

Regional Health Properties

$2.06

0.09 (4.57%)

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TBIO

Translate Bio

$9.12

-0.09 (-0.98%)

16:14
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  • 18

    Jun

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