Added to YB: 2024-03-08
Pitch date: 2024-03-07
SYF [bullish]
Synchrony Financial
+108.65%
current return
Author Info
@ArmsGarrett is a a research analyst and portfolio manager whoe stock pitches on Twitter. Follow on Twitter
Company Info
Synchrony Financial, together with its subsidiaries, operates as a consumer financial services company in the United States.
Market Cap
$25.7B
Pitch Price
$40.36
Price Target
N/A
Dividend
1.68%
EV/EBITDA
N/A
P/E
7.83
EV/Sales
N/A
Sector
Consumer Finance
Category
value
A Closer Look at Synchrony Financial's Potential
SYF: $5.70-6.00 '24 guide (ex-fees), late fee ($0.15-0.25) EPS hit. Quick math: guide has 6% provisions, norm <5.5% ($1.60 EPS/100bps). Norm EPS $6.50+ (6x), at ROE target $7.70 (5x). Cheap. Fees -$800m, litigation may delay rule. Offsets ramping, ROA neutral in time.
Read full article (1 min)