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 most optimistic analyst gave a price target of 23, implying a possible profit of 16.04 percent. The minimum price target given was 18, which equates to a potential downside of -9.18 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, 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. Today's price is 25.28 percent above the 52-week low, and 57.78 percent lower than its 52-week high. 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 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.