Synovus Financial Corp. (SNV)Growth Analysis: Profit Driven by Strength

Synovus Financial Corp. (SNV) is owned by a number of high-value investors. Its largest direct holder is Kessel D Stelling Chairman of the Board, President and Chief Executive Officer with 272,501 shares. The second-largest direct holder is Kevin S. Blair Senior Executive Vice President and Chief Operating Officer, with 81,459 shares of the company’s stock. In third place with 80,120 shares of SNV is Stephen T. Butler Independent Director.

Now turning to institutional ownership of Synovus Financial Corp. (SNV), The Vanguard Group, Inc. is the top holder with 14.52 million shares. The next largest fund holder of this company’s stock is BlackRock Fund Advisors with 13.14 million shares. In the third-place spot with 7.0 million shares is Wellington Management Co. LLP.

This company’s stock price was $35.84 at the previous market close, with its latest volume reaching 1,602,590. Compare that to its average daily volume of 1.38M. Given the fact that this stock has 156.34M shares outstanding, its current market value is sitting at $5.60B. This publicly-traded stock’s 60-month Beta is 1.35. Its Price to Sales ratio is 3.25, its Price to Cash Flow ratio is 4.87, and its Price to Book ratio is 1.24.

SNV stock has achieved a 5-day range of $34.00 to $36.56, with a total performance of +0.84% during that period. Meanwhile, in the past month of trading, this stock has traded in the range of $34.00 to $36.56, generating a +0.48% change during the period. In the past three months, this stock’s price has changed by +8.15%, trading in the range of $32.41 to $38.90.

In the past 5 days, shares of SNV have made a new high 2 times. In the last month, it has made a new high 5 times, and in the past 3 months, it has made a new high 16 times.

Now let’s turn to this public company’s earnings. For the quarter ending 6/29/2019, the earnings per share (EPS) was reported at 1. This is a 0.01 difference compared to the consensus estimate of 0.99, amounting to an earnings surprise of 1.00%. In the previous quarter, which ended in 6/29/2019, the consensus estimate was 0.89, making for an earnings surprise of 10.10%. For the quarter ending 12/30/2018, EPS was reported at 0.87, generating a -6.50% earnings surprise.

The Net Income for the most recent full fiscal year, which ended in 12-2018, was $428.48 million. This is compared to the prior year, where Net Income was $275.47 million. Meanwhile, this company’s Operating Cash Flow was $538.05 million for the year, compared to $631.2 million in 2017. Capital Expenditures for the year were reportedly -$53.16 million, compared to -$51.11 million, and Free Cash flow was $484.89 million compared to the prior year’s $580.1 million.

Synovus Financial Corp. (SNV) stock currently has a Financial Strength score of 3.6/10. This is due to a combination of factors, including a Cash to Debt ratio of 0.30, an Equity to Asset ratio of 0.10, a Debt to Equity ratio of 0.77 and a Debt to EBITDA of 2.15. The its Beneish M-Score is -2.40.

This publicly-traded company’s Profitability and Growth score is 3/10, thanks to a combination of things: a Net Margin of 28.97, a ROE of 12.61. Similarly, this company’s 3-Year Total Revenue Growth Rate is 9.30 and its 3-Year EPS w/o NRI Growth Rate is 28.90.

Shifting focus now to Valuation and Return for SNV, this company’s Price to Tangible Book is 1.04, its Price to Projected FCF is 0.62 and its Price to Median PS Value is 1.02. This organization’s Price to Graham Number is 0.70.

Certain ratios provide helpful insights into how a stock is performing. This stock’s PB Ratio is 0.91, its PS Ratio is 2.94, its PE Ratio (TTM) is 10.57, its Forward PE Ratio is 8.70, and its PE Ratio without NRI is 10.57. Similarly, its Price to Owner Earnings is 12.20, its Price to Free Cash Flow is 9.48 and its Price to Operating Cash Flow is 8.54.