Trade-Ideas LLC identified

Symetra Financial

(

SYA

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Symetra Financial as such a stock due to the following factors:

  • SYA has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $32.1 million.
  • SYA has traded 25,667 shares today.
  • SYA is trading at a new lifetime high.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in SYA with the Ticky from Trade-Ideas. See the FREE profile for SYA NOW at Trade-Ideas

More details on SYA:

Symetra Financial Corporation, through its subsidiaries, provides products and services that serve the retirement, employee-based benefits, and life insurance markets in the United States and the District of Columbia. The stock currently has a dividend yield of 1.4%. SYA has a PE ratio of 23. Currently there are no analysts that rate Symetra Financial a buy, no analysts rate it a sell, and 5 rate it a hold.

The average volume for Symetra Financial has been 554,400 shares per day over the past 30 days. Symetra Financial has a market cap of $3.7 billion and is part of the financial sector and insurance industry. The stock has a beta of 0.07 and a short float of 1.3% with 0.99 days to cover. Shares are up 0.2% year-to-date as of the close of trading on Friday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Symetra Financial as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and solid stock price performance. We feel its strengths outweigh the fact that the company has had sub par growth in net income.

Highlights from the ratings report include:

  • The revenue growth came in higher than the industry average of 15.9%. Since the same quarter one year prior, revenues slightly increased by 2.4%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • Although SYA's debt-to-equity ratio of 0.22 is very low, it is currently higher than that of the industry average.
  • Compared to its closing price of one year ago, SYA's share price has jumped by 49.81%, exceeding the performance of the broader market during that same time frame. Regarding the stock's future course, although almost any stock can fall in a broad market decline, SYA should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
  • Net operating cash flow has slightly increased to $247.50 million or 7.79% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of -13.91%.
  • SYMETRA FINANCIAL CORP's earnings per share declined by 45.2% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. We feel it is likely to report a decline in earnings in the coming year. During the past fiscal year, SYMETRA FINANCIAL CORP increased its bottom line by earning $2.19 versus $1.75 in the prior year. For the next year, the market is expecting a contraction of 20.1% in earnings ($1.75 versus $2.19).

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.