For its fourth fiscal quarter (ending December 31), Synovus Financial Corp. (NYSE: SNV) has reported a 207% increase in E.P.S. from $0.41 a year ago to $1.26 in the current quarter. This performance was $0.11 better than the consensus estimate of $1.15. E.P.S. were $3.05 for the latest four quarters through December 31 versus $3.48 for the same period a year ago — a decline of -12%.
Recent Price Action
On 1/15/25, Synovus Financial Corp. (NYSE: SNV) stock enjoyed a large increase of 4.3%, closing at $55.98. Moreover, this advance was accompanied by unusually high trading volume at 175% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 6.1% during the last week.
Current PriceTarget Research Rating
Synovus Financial has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Synovus Financial has a good Appreciation Score of 71 and a very high Power Rating of 90, and the Highest Value Trend Rating results.
Rating Review
In light of this encouraging new earnings information and positive market action we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
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