Analyst Ratings for Sykes Enterprises Inc. (SYKE)Updated: 2017-07-28
Shares of Sykes Enterprises Inc. (NASDAQ:SYKE) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for SYKE last month.
6 analysts issued ratings on the stock, where 3 gave SYKE a buy rating, 0 gave an overweight rating, 3 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Investment analysts gave a few price targets for SYKE. The maximum price target given was 38, which equates to a potential upside of 10.72 percent. The most pessimistic price target was 33, which equates to a potential downside of -3.85 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -20 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.99 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
SYKE has an estimated earnings growth rate of 32.65 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of SYKE is 0.66.
In the last 52-weeks, SYKE has achieved a high of 34.49 and a low of 25.77. Today's price is 33.18 percent above the 52-week low, and 0.49 percent lower than its 52-week high. SYKE has a P/E ratio of 21.45. Investors typically compare the P/E ratio to a company's peers in the industry. The SYKE value stock report compares SYKE to some of its peers using value stock charts. The market cap of SYKE is $1.45 billion. SYKE's next earnings release will be on 0000-00-00, which is days away.