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.
SYKE was given price targets by several analysts. The most optimistic analyst gave a price target of 38, implying a possible profit of 10.72 percent. The most pessimistic price target was 33, implying a possible loss of -3.85 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -20 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 4.99 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of SYKE to grow at a rate of 32.65 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. SYKE has a PEG ratio of 0.66.
SYKE has a 52-week high of 34.49 and a 52-week low of 25.77. Today's price is 33.18 percent above the 52-week low, and below the high by 0.49 percent. 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 will post this quarters earnings in days, on 0000-00-00.