Shares of StarTek, Inc. (NYSE:SRT) have been given an average broker rating score of 2.00 (Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating and one has given a strong buy rating to the company.
Brokers have set a 1-year consensus target price of $15.00 for the company and are forecasting that the company will post ($0.01) earnings per share for the current quarter, according to Zacks. Zacks has also given StarTek an industry rank of 92 out of 265 based on the ratings given to related companies.
Several equities research analysts recently weighed in on SRT shares. Zacks Investment Research lowered StarTek from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th. Royal Bank of Canada dropped their price target on StarTek from C$11.25 to C$11.00 and set a “sector perform” rating on the stock in a research report on Monday, November 6th. Robert W. Baird restated a “hold” rating and set a $12.00 price target on shares of StarTek in a research report on Wednesday, October 4th. Finally, Lake Street Capital lifted their price target on StarTek from $13.00 to $18.00 and gave the company a “buy” rating in a research report on Wednesday.
StarTek (SRT) traded down $0.19 during midday trading on Friday, hitting $12.91. The company had a trading volume of 179,205 shares, compared to its average volume of 101,636. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 0.44. StarTek has a one year low of $7.75 and a one year high of $14.78. The company has a market capitalization of $211.47, a price-to-earnings ratio of 92.21 and a beta of -0.14.
StarTek (NYSE:SRT) last released its quarterly earnings results on Wednesday, November 8th. The business services provider reported ($0.07) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by ($0.06). StarTek had a net margin of 0.79% and a return on equity of 5.02%. The firm had revenue of $69.37 million for the quarter, compared to the consensus estimate of $74.27 million. research analysts predict that StarTek will post 0.06 EPS for the current year.
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StarTek Company Profile
StarTek, Inc is a customer engagement business process outsourcing (BPO) services provider, delivering customer care solutions. The Company operates through three segments: Domestic, Nearshore and Offshore. As of December 31, 2016, its Domestic segment included the operations of 13 facilities in the United States and one facility in Canada; its Offshore segment included the operations of four facilities in the Philippines, and its Nearshore segment included the operations of two facilities in Honduras and one facility in Jamaica.
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