Synovus Financial (SNV) Is Up 7.14% in One Week: What You Should Know

Company Overview - Synovus Financial (SNV) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3] - The company has a Zacks Rank of 2 (Buy), which is supported by its strong performance metrics [4] Price Performance - Over the past week, SNV shares have increased by 7.14%, outperforming the Zacks Banks - Southeast industry, which rose by 5.77% [6] - In a longer time frame, SNV shares have risen by 11.1% over the past three months and 45.12% over the last year, while the S&P 500 has only moved 3.62% and 26.55%, respectively [7] Trading Volume - The average 20-day trading volume for SNV is 1,011,304 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Estimates - In the past two months, 7 earnings estimates for SNV have been revised upwards, while only 1 has been revised downwards, leading to an increase in the consensus estimate from $4.67 to$4.86 [10] - For the next fiscal year, 5 estimates have moved upwards with no downward revisions during the same period [10] Conclusion - Considering the strong price performance, positive earnings revisions, and high Momentum Style Score, SNV is positioned as a solid momentum pick for investors [12]