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.
Many analysts weighed in on price targets for SYNT. The highest price target was 23, which equates to a potential upside of 16.04 percent. The most pessimistic price target was 18, implying a possible loss 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 2.69 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 2.69 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. Also over the last month, 8 analysts increased their estimates for the FY earnings, 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 below the 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 will post this quarters earnings in days, on 0000-00-00.