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 most optimistic analyst gave a price target of 23, implying a possible profit of 16.04 percent. The most pessimistic price target was 18, implying potential capital losses of -9.18 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. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 2.69 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 2.69 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. Over the same time period, 8 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
SYNT has traded between a high of 46.95 and a low of 15.82 over the past year. The current market price is above the trailing year's low by 25.28 percent, and 57.78 percent lower than its 52-week high. SYNT has a P/E 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 stock has a market capitalization of $1.64 billion. SYNT is estimated to release their earnings results for the quarter on 0000-00-00, days from today.