Syntel, Inc. (SYNT) Analysts See $0.44 EPS

June 19, 2018 - By Vivian Currie

Syntel, Inc. (NASDAQ:SYNT) LogoInvestors sentiment increased to 1.75 in Q1 2018. Its up 0.06, from 1.69 in 2017Q4. It increased, as 15 investors sold Syntel, Inc. shares while 45 reduced holdings. 38 funds opened positions while 67 raised stakes. 31.74 million shares or 1.27% less from 32.15 million shares in 2017Q4 were reported.
Voya Invest Management Ltd Limited Liability Company has invested 0% in Syntel, Inc. (NASDAQ:SYNT). 631,255 were reported by Ipg Invest Advisors Limited Company. Moreover, Intrepid Cap has 4.67% invested in Syntel, Inc. (NASDAQ:SYNT) for 539,237 shares. Systematic Fin Management Lp has invested 0.03% of its portfolio in Syntel, Inc. (NASDAQ:SYNT). Bowling Port Mngmt owns 54,011 shares. Wellington Mgmt Llp reported 0% in Syntel, Inc. (NASDAQ:SYNT). Zebra Capital Ltd accumulated 65,565 shares or 0.6% of the stock. Connor Clark And Lunn Ltd holds 110,975 shares or 0.02% of its portfolio. Signaturefd Limited Liability Com, Georgia-based fund reported 39 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Corporation has invested 0.01% in Syntel, Inc. (NASDAQ:SYNT). Virginia Retirement Et Al has 65,600 shares for 0.02% of their portfolio. Renaissance Ltd Liability Corporation has 498,590 shares for 0.01% of their portfolio. Manufacturers Life Insurance Co The reported 25,847 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested 0% of its portfolio in Syntel, Inc. (NASDAQ:SYNT). Moreover, Barclays Public Llc has 0% invested in Syntel, Inc. (NASDAQ:SYNT).

Since February 21, 2018, it had 0 insider buys, and 6 insider sales for $1.68 million activity. On Wednesday, May 9 Salelkar Avinash sold $952 worth of Syntel, Inc. (NASDAQ:SYNT) or 32 shares. 45 Syntel, Inc. (NASDAQ:SYNT) shares with value of $1,338 were sold by Reddy Murlidhar. On Thursday, March 1 the insider Aggarwal Rahul B. sold $47,981. Ranade Prashant had sold 50,000 shares worth $1.36 million.

Analysts expect Syntel, Inc. (NASDAQ:SYNT) to report $0.44 EPS on July, 19.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $0.44 EPS. SYNT’s profit would be $36.51 million giving it 19.15 P/E if the $0.44 EPS is correct. After having $0.55 EPS previously, Syntel, Inc.’s analysts see -20.00 % EPS growth. The stock increased 0.42% or $0.14 during the last trading session, reaching $33.71. About 409,078 shares traded. Syntel, Inc. (NASDAQ:SYNT) has risen 70.15% since June 19, 2017 and is uptrending. It has outperformed by 57.58% the S&P500.

Syntel, Inc. (NASDAQ:SYNT) Ratings Coverage

Among 7 analysts covering Syntel (NASDAQ:SYNT), 0 have Buy rating, 0 Sell and 7 Hold. Therefore 0 are positive. Syntel had 10 analyst reports since December 21, 2017 according to SRatingsIntel. The firm has “Hold” rating by SunTrust given on Friday, April 20. The stock of Syntel, Inc. (NASDAQ:SYNT) has “Hold” rating given on Thursday, December 21 by Needham. On Thursday, April 19 the stock rating was maintained by Cowen & Co with “Hold”. Wells Fargo downgraded Syntel, Inc. (NASDAQ:SYNT) rating on Friday, December 29. Wells Fargo has “Sell” rating and $21.0 target. The stock of Syntel, Inc. (NASDAQ:SYNT) earned “Hold” rating by Robert W. Baird on Thursday, April 5. SunTrust maintained it with “Hold” rating and $28.0 target in Friday, February 16 report. The rating was maintained by Susquehanna with “Hold” on Friday, April 20. Wells Fargo upgraded the stock to “Market Perform” rating in Friday, April 20 report. Cowen & Co maintained the stock with “Hold” rating in Thursday, February 15 report.

Syntel, Inc. provides digital transformation, information technology , and knowledge process outsourcing (KPO) services worldwide. The company has market cap of $2.80 billion. The firm operates through Banking and Financial Services; Healthcare and Life Sciences; Insurance; Manufacturing; and Retail, Logistics, and Telecom divisions. It has a 16.94 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.

Syntel, Inc. (NASDAQ:SYNT) Institutional Positions Chart

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