StarTek (SRT) to Release Quarterly Earnings on Monday

StarTek (NYSE:SRT) is set to issue its quarterly earnings data after the market closes on Monday, February 19th. Analysts expect the company to announce earnings of $0.01 per share for the quarter.

StarTek (SRT) opened at $11.17 on Monday. StarTek has a 52 week low of $7.75 and a 52 week high of $14.78. The company has a market cap of $180.32, a price-to-earnings ratio of 79.79 and a beta of 0.05. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 0.44.

SRT has been the subject of a number of recent research reports. Royal Bank of Canada dropped their price objective on shares of StarTek from C$11.25 to C$11.00 and set a “sector perform” rating for the company in a research note on Monday, November 6th. Zacks Investment Research cut shares of StarTek from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 14th. Lake Street Capital raised their target price on shares of StarTek from $13.00 to $18.00 and gave the stock a “buy” rating in a report on Wednesday, January 24th. Finally, Robert W. Baird restated a “hold” rating and issued a $12.00 target price on shares of StarTek in a report on Wednesday, January 24th.

An institutional investor recently bought a new position in StarTek stock. California State Teachers Retirement System bought a new position in StarTek, Inc. (NYSE:SRT) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 18,000 shares of the business services provider’s stock, valued at approximately $220,000. California State Teachers Retirement System owned about 0.11% of StarTek at the end of the most recent quarter. Institutional investors own 46.37% of the company’s stock.

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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.

Earnings History for StarTek (NYSE:SRT)

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