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, implying potential capital gains of 10.72 percent. The most pessimistic analyst gave a price target of 33, implying a possible loss 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -20 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.99 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the 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.

The growth rate of SYKE's earnings is estimated by analysts to be 32.65 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. SYKE has a PEG ratio of 0.66.

SYKE has traded between a high of 34.49 and a low of 25.77 over the past year. Today's price is 33.18 percent above the 52-week low, and 0.49 percent below the high. SYKE has a price/earnings 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 stock has a market capitalization of $1.45 billion. SYKE will post this quarters earnings in days, on 0000-00-00.