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

June 18, 2018 - By Vivian Currie

Syntel, Inc. (NASDAQ:SYNT) LogoInvestors sentiment increased to 1.75 in 2018 Q1. Its up 0.06, from 1.69 in 2017Q4. It improved, 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.
Ipg Lc holds 0.01% or 631,255 shares in its portfolio. 517 were reported by Parallax Volatility Advisers L P. Engineers Gate Manager Limited Partnership stated it has 0.02% in Syntel, Inc. (NASDAQ:SYNT). Horizon Kinetics Ltd Liability invested 0.01% in Syntel, Inc. (NASDAQ:SYNT). Natl Bank Of New York Mellon Corp invested in 0% or 301,557 shares. Rocky Mountain Advisers Limited Liability Corporation invested 0% in Syntel, Inc. (NASDAQ:SYNT). Rbf Capital Ltd Liability holds 0.04% or 13,200 shares. Captrust holds 708 shares or 0% of its portfolio. Systematic Management Limited Partnership reported 0.03% stake. 752,439 are owned by Goldman Sachs Group. State Common Retirement Fund owns 65,815 shares or 0% of their US portfolio. Envestnet Asset holds 0% of its portfolio in Syntel, Inc. (NASDAQ:SYNT) for 1,384 shares. Bragg Fincl Advsr Inc reported 97,879 shares stake. State Street Corporation accumulated 779,461 shares. Bryn Mawr Tru Com, a Pennsylvania-based fund reported 62,588 shares.

Since February 21, 2018, it had 0 buys, and 6 selling transactions for $1.68 million activity. On Wednesday, May 9 Reddy Murlidhar sold $1,338 worth of Syntel, Inc. (NASDAQ:SYNT) or 45 shares. Venkatesan Sundarraj had sold 5,000 shares worth $133,477 on Thursday, March 1. Another trade for 1,800 shares valued at $47,981 was made by Aggarwal Rahul B. on Thursday, March 1. Another trade for 32 shares valued at $952 was made by Salelkar Avinash on Wednesday, May 9.

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 $36.50M giving it 19.07 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 $33.57. About 574,988 shares traded or 27.41% up from the average. Syntel, Inc. (NASDAQ:SYNT) has risen 70.15% since June 18, 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. Needham downgraded Syntel, Inc. (NASDAQ:SYNT) rating on Thursday, December 21. Needham has “Hold” rating and $28.0 target. The firm has “Hold” rating given on Thursday, April 5 by Robert W. Baird. The firm earned “Hold” rating on Friday, February 16 by SunTrust. SunTrust maintained Syntel, Inc. (NASDAQ:SYNT) on Friday, April 20 with “Hold” rating. Cowen & Co maintained Syntel, Inc. (NASDAQ:SYNT) rating on Thursday, April 19. Cowen & Co has “Hold” rating and $2600 target. As per Friday, April 20, the company rating was maintained by Susquehanna. Cowen & Co maintained Syntel, Inc. (NASDAQ:SYNT) on Thursday, February 15 with “Hold” rating. The firm has “Market Perform” rating by Wells Fargo given on Friday, April 20. The stock has “Sell” rating by Wells Fargo on Friday, December 29.

Syntel, Inc. provides digital transformation, information technology , and knowledge process outsourcing (KPO) services worldwide. The company has market cap of $2.79 billion. The firm operates through Banking and Financial Services; Healthcare and Life Sciences; Insurance; Manufacturing; and Retail, Logistics, and Telecom divisions. It has a 16.87 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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