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.
SYNT was given price targets by several analysts. The most optimistic price target was 23, which equates to a potential upside of 16.04 percent. The most pessimistic analyst gave a price target of 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.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days 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.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 8 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
In the last 52-weeks, SYNT has achieved a high of 46.95 and a low of 15.82. Today's price is 25.28 percent above the 52-week low, 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's next earnings release will be on 0000-00-00, which is days away.