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

June 15, 2018 - By Christine Ryals

Syntel, Inc. (NASDAQ:SYNT) LogoInvestors sentiment increased to 1.75 in 2018 Q1. Its up 0.06, from 1.69 in 2017Q4. It is positive, 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.
Prudential Fin Inc has invested 0% in Syntel, Inc. (NASDAQ:SYNT). Zurcher Kantonalbank (Zurich Cantonalbank) has 1,315 shares for 0% of their portfolio. Hussman Strategic Advsr invested in 0.88% or 125,000 shares. 68,318 are owned by Hotchkis And Wiley Capital Mngmt Ltd. Roberts Glore & Il invested in 0.36% or 22,900 shares. Secor Capital L P holds 0.24% of its portfolio in Syntel, Inc. (NASDAQ:SYNT) for 112,879 shares. Connor Clark Lunn Ltd holds 0.02% of its portfolio in Syntel, Inc. (NASDAQ:SYNT) for 110,975 shares. Bluemountain Cap Management Lc owns 0.03% invested in Syntel, Inc. (NASDAQ:SYNT) for 43,091 shares. State Board Of Administration Of Florida Retirement Sys stated it has 41,569 shares. Highbridge Capital Management has 125,792 shares for 0.05% of their portfolio. Hbk Investments L P reported 0.02% of its portfolio in Syntel, Inc. (NASDAQ:SYNT). New Vernon Cap Ii Ltd Limited Liability Company holds 0.35% or 9,889 shares in its portfolio. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Management Corp has 32,111 shares for 0.01% of their portfolio. Assetmark has 0% invested in Syntel, Inc. (NASDAQ:SYNT). Fifth Third Savings Bank has 0% invested in Syntel, Inc. (NASDAQ:SYNT).

Since December 15, 2017, it had 0 insider buys, and 6 selling transactions for $1.68 million activity. Reddy Murlidhar also sold $132,700 worth of Syntel, Inc. (NASDAQ:SYNT) shares. Another trade for 1,800 shares valued at $47,981 was sold by Aggarwal Rahul B.. $133,477 worth of stock was sold by Venkatesan Sundarraj on Thursday, March 1. Gangidi Narendar Reddy also sold $1,553 worth of Syntel, Inc. (NASDAQ:SYNT) on Friday, December 15. 32 Syntel, Inc. (NASDAQ:SYNT) shares with value of $952 were sold by Salelkar Avinash. The insider Andradi Ben sold $840.

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 18.99 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 decreased 0.57% or $0.19 during the last trading session, reaching $33.43. About 359,529 shares traded. Syntel, Inc. (NASDAQ:SYNT) has risen 70.15% since June 15, 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 earned “Market Perform” rating on Friday, April 20 by Wells Fargo. The rating was downgraded by Wells Fargo on Friday, December 29 to “Sell”. SunTrust maintained it with “Hold” rating and $2900 target in Friday, April 20 report. The firm has “Hold” rating given on Friday, April 20 by Susquehanna. Robert W. Baird maintained it with “Hold” rating and $2600 target in Thursday, April 5 report. The company was maintained on Friday, February 16 by SunTrust. The company was maintained on Thursday, February 15 by Cowen & Co. On Thursday, April 19 the stock rating was maintained by Cowen & Co with “Hold”. The firm has “Hold” rating given on Thursday, December 21 by Needham.

Syntel, Inc. provides digital transformation, information technology , and knowledge process outsourcing (KPO) services worldwide. The company has market cap of $2.77 billion. The firm operates through Banking and Financial Services; Healthcare and Life Sciences; Insurance; Manufacturing; and Retail, Logistics, and Telecom divisions. It has a 16.8 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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.