Syntel (SYNT) Scheduled to Post Quarterly Earnings on Wednesday

Syntel (NASDAQ:SYNT) will be announcing its earnings results before the market opens on Wednesday, February 14th. Analysts expect the company to announce earnings of $0.39 per share for the quarter.

Shares of Syntel (NASDAQ SYNT) opened at $21.36 on Wednesday. The company has a debt-to-equity ratio of -5.69, a current ratio of 2.07 and a quick ratio of 2.07. The firm has a market capitalization of $1,770.00, a price-to-earnings ratio of 10.42, a PEG ratio of 1.22 and a beta of 1.01. Syntel has a 52-week low of $15.82 and a 52-week high of $26.33.

A number of analysts have recently weighed in on SYNT shares. Zacks Investment Research cut Syntel from a “buy” rating to a “hold” rating in a research report on Wednesday, December 20th. Robert W. Baird restated a “hold” rating and issued a $24.00 target price on shares of Syntel in a research note on Thursday, December 21st. ValuEngine upgraded Syntel from a “hold” rating to a “buy” rating in a research note on Thursday, November 9th. Cowen restated a “hold” rating and issued a $18.00 target price on shares of Syntel in a research note on Thursday, October 12th. Finally, SunTrust Banks restated a “hold” rating and issued a $20.00 target price on shares of Syntel in a research note on Tuesday, October 17th. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $23.31.

In related news, insider Daniel M. Moore sold 1,080 shares of the firm’s stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $24.19, for a total value of $26,125.20. Following the completion of the transaction, the insider now owns 22,963 shares in the company, valued at approximately $555,474.97. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 3,944 shares of company stock valued at $99,584 in the last 90 days. 61.10% of the stock is currently owned by company insiders.

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Syntel Company Profile

Syntel, Inc (Syntel) is a global provider of digital transformation, information technology (IT) and knowledge process outsourcing (KPO) services. The Company operates through five segments: Banking and Financial Services, Healthcare and Life Sciences, Insurance, Manufacturing, and Retail, Logistics and Telecom.

Earnings History for Syntel (NASDAQ:SYNT)

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