Analyst Ratings for Syntel Inc. (SYNT)Updated: 2017-07-26
Syntel Inc. (NASDAQ:SYNT) was awarded an average rating of Hold from investment analysts following the stock. SYNT had previously received a consensus rating of Hold a month ago.
2 analysts declared SYNT a buy, 0 gave an overweight rating, 10 gave a hold rating, 0 gave an underweight rating, and 1 gave 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.
A number of analysts gave price targets for SYNT. The highest price target was 23, implying a possible profit of 16.04 percent. The lowest price target was 18, which equates to a potential downside of -9.18 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
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 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 2.69 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.69 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Over the same time period, 8 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
In the trailing 52-weeks, SYNT hit 46.95 at the highest peak, while it's lowest trading point was 15.82. Today's price is 25.28 percent above the 52-week low, and below the high by 57.78 percent. SYNT has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The SYNT value stock report compares SYNT to some of its peers using value stock charts. The market cap of SYNT is $1.64 billion. SYNT will post this quarters earnings in days, on 0000-00-00.