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Here's Why Synovus Financial (SNV) is a Strong Value Stock
ZACKSยท 2025-08-13 14:41
Group 1: Zacks Premium Overview - Zacks Premium offers various tools to help investors become more confident and informed, including daily updates on Zacks Rank and Industry Rank, Equity Research reports, and Premium stock screens [1] - The service includes access to Zacks Style Scores, which are designed to assist investors in selecting stocks with the potential to outperform the market [2] Group 2: Zacks Style Scores - Zacks Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score, each providing insights based on different investment strategies [3][4][5][6] - The Value Score focuses on identifying undervalued stocks using financial ratios, while the Growth Score assesses a company's financial health and future growth potential [3][4] - The Momentum Score helps investors capitalize on price trends, and the VGM Score combines all three styles to highlight stocks with the best overall characteristics [5][6] Group 3: Zacks Rank and Stock Selection - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to guide investors in building successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +23.75% since 1988 [7] - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, while also considering the earnings outlook [9][10] Group 4: Company Spotlight - Synovus Financial - Synovus Financial Corp., based in Columbus, GA, provides a range of financial services through its subsidiary, Synovus Bank, which operates 244 branches across several states [11] - Currently, Synovus has a Zacks Rank of 3 (Hold) and a VGM Score of B, with a Value Style Score of B due to a forward P/E ratio of 9.02, indicating attractive valuation metrics [12] - The company has seen positive earnings estimate revisions, with the Zacks Consensus Estimate for fiscal 2025 increasing by $0.36 to $5.43 per share, and an average earnings surprise of +14% [12][13]