$0.40 EPS Expected for Syntel, Inc. (SYNT)

January 17, 2018 - By Marguerite Chambers

 $0.40 EPS Expected for Syntel, Inc. (SYNT)
Investors sentiment increased to 1.71 in 2017 Q3. Its up 0.47, from 1.24 in 2017Q2. It improved, as 10 investors sold Syntel, Inc. shares while 31 reduced holdings. 25 funds opened positions while 45 raised stakes. 29.77 million shares or 4.49% more from 28.49 million shares in 2017Q2 were reported.
Invesco Limited stated it has 55,820 shares or 0% of all its holdings. Comml Bank Of Montreal Can reported 3,316 shares or 0% of all its holdings. Fmr Ltd Liability Co holds 0% or 883,435 shares in its portfolio. Mhr Fund Mngmt Lc accumulated 138,310 shares. Federated Pa reported 0.01% of its portfolio in Syntel, Inc. (NASDAQ:SYNT). Wells Fargo And Company Mn has 73,882 shares. Credit Suisse Ag owns 46,353 shares. Ny State Common Retirement Fund reported 50,752 shares or 0% of all its holdings. State Board Of Administration Of Florida Retirement System holds 17,179 shares. Goldman Sachs Grp stated it has 0% in Syntel, Inc. (NASDAQ:SYNT). Mcclain Value Management Ltd Liability Com invested in 5.21% or 188,537 shares. Swiss Financial Bank reported 55,300 shares. 1,100 were accumulated by Benjamin F Edwards And Co Inc. Horrell Mgmt Incorporated accumulated 150,800 shares or 1.64% of the stock. Citigroup reported 774 shares.

Since August 29, 2017, it had 0 insider purchases, and 8 insider sales for $77,278 activity. Garg Sanjay also sold $15,877 worth of Syntel, Inc. (NASDAQ:SYNT) shares. $23,632 worth of Syntel, Inc. (NASDAQ:SYNT) shares were sold by Aggarwal Rahul B.. The insider Gangidi Narendar Reddy sold 61 shares worth $1,553.

Analysts expect Syntel, Inc. (NASDAQ:SYNT) to report $0.40 EPS on February, 15.They anticipate $0.17 EPS change or 29.82 % from last quarter’s $0.57 EPS. SYNT’s profit would be $33.14 million giving it 14.69 P/E if the $0.40 EPS is correct. After having $0.51 EPS previously, Syntel, Inc.’s analysts see -21.57 % EPS growth. The stock increased 0.51% or $0.12 during the last trading session, reaching $23.5. About 173,624 shares traded. Syntel, Inc. (NASDAQ:SYNT) has declined 32.64% since January 17, 2017 and is downtrending. It has underperformed by 49.34% the S&P500.

Syntel, Inc. (NASDAQ:SYNT) Ratings Coverage

Among 12 analysts covering Syntel Inc. (NASDAQ:SYNT), 1 have Buy rating, 1 Sell and 10 Hold. Therefore 8% are positive. Syntel Inc. had 33 analyst reports since August 14, 2015 according to SRatingsIntel. Wells Fargo downgraded Syntel, Inc. (NASDAQ:SYNT) on Friday, December 29 to “Sell” rating. Wells Fargo downgraded the shares of SYNT in report on Friday, February 19 to “Market Perform” rating. Cantor Fitzgerald initiated the stock with “Hold” rating in Friday, October 16 report. The stock of Syntel, Inc. (NASDAQ:SYNT) has “Hold” rating given on Tuesday, July 18 by Cowen & Co. The stock of Syntel, Inc. (NASDAQ:SYNT) earned “Outperform” rating by Robert W. Baird on Thursday, August 20. The stock of Syntel, Inc. (NASDAQ:SYNT) has “Hold” rating given on Tuesday, October 3 by Robert W. Baird. The firm earned “Neutral” rating on Monday, April 18 by Robert W. Baird. The firm has “Buy” rating by Suntrust Robinson given on Thursday, September 10. The stock has “Mkt Perform” rating by Barrington Research on Thursday, September 22. The company was upgraded on Monday, January 11 by JP Morgan.

Syntel, Inc. provides digital transformation, information technology , and knowledge process outsourcing (KPO) services worldwide. The company has market cap of $1.95 billion. The firm operates through Banking and Financial Services; Healthcare and Life Sciences; Insurance; Manufacturing; and Retail, Logistics, and Telecom divisions. It has a 11.46 P/E ratio. It offers managed services, including software applications development, maintenance, and digital modernization testing, as well as IT infrastructure, cloud, and migration services.

More news for Syntel, Inc. (NASDAQ:SYNT) were recently published by: Streetinsider.com, which released: “Wells Fargo Downgrades Syntel, Inc. (SYNT) to Underperform As Weak Positioning …” on December 29, 2017. Streetinsider.com‘s article titled: “Needham & Company Downgrades Syntel, Inc. (SYNT) to Hold; Fairly Valued After …” and published on December 21, 2017 is yet another important article.

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