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

March 21, 2018 - By Vivian Currie

 Analysts See $0.44 EPS for Syntel, Inc. (SYNT)
Investors sentiment increased to 1.71 in 2017 Q3. Its up 0.47, from 1.24 in 2017Q2. It is positive, 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.
Prelude Capital Mgmt Limited Co stated it has 5,544 shares or 0.01% of all its holdings. Northern Tru Corporation reported 469,014 shares stake. Renaissance Tech Ltd Liability Company owns 214,190 shares or 0% of their US portfolio. Vanguard Group Inc owns 2.78 million shares for 0% of their portfolio. Cubist Systematic Strategies Ltd Liability holds 14,425 shares. Moreover, Wells Fargo & Mn has 0% invested in Syntel, Inc. (NASDAQ:SYNT) for 73,882 shares. The United Kingdom-based Hsbc Pcl has invested 0% in Syntel, Inc. (NASDAQ:SYNT). Moreover, Swiss State Bank has 0% invested in Syntel, Inc. (NASDAQ:SYNT) for 55,300 shares. Schwerin Boyle Cap Inc holds 0.57% of its portfolio in Syntel, Inc. (NASDAQ:SYNT) for 257,015 shares. Third Avenue Management Ltd Liability Corp holds 0.43% of its portfolio in Syntel, Inc. (NASDAQ:SYNT) for 488,697 shares. Intl Group Inc Inc holds 22,168 shares or 0% of its portfolio. Horrell Capital Mngmt stated it has 150,800 shares. Moreover, Ubs Asset Mngmt Americas Inc has 0% invested in Syntel, Inc. (NASDAQ:SYNT). Fuller & Thaler Asset Mngmt accumulated 0.39% or 1.61 million shares. Blackrock has invested 0% in Syntel, Inc. (NASDAQ:SYNT).

Since October 20, 2017, it had 0 insider purchases, and 9 sales for $1.60 million activity. Garg Sanjay sold 375 shares worth $8,750. $47,981 worth of stock was sold by Aggarwal Rahul B. on Thursday, March 1. $1.36M worth of stock was sold by Ranade Prashant on Wednesday, February 21. $1,553 worth of Syntel, Inc. (NASDAQ:SYNT) shares were sold by Gangidi Narendar Reddy. Venkatesan Sundarraj sold $133,477 worth of Syntel, Inc. (NASDAQ:SYNT) on Thursday, March 1.

Analysts expect Syntel, Inc. (NASDAQ:SYNT) to report $0.44 EPS on April, 19.They anticipate $0.02 EPS change or 4.35 % from last quarter’s $0.46 EPS. SYNT’s profit would be $36.51 million giving it 15.24 P/E if the $0.44 EPS is correct. After having $0.62 EPS previously, Syntel, Inc.’s analysts see -29.03 % EPS growth. The stock increased 0.19% or $0.05 during the last trading session, reaching $26.83. About 552,065 shares traded or 20.40% up from the average. Syntel, Inc. (NASDAQ:SYNT) has declined 32.64% since March 21, 2017 and is downtrending. It has underperformed by 49.34% the S&P500.

Syntel, Inc. (NASDAQ:SYNT) Ratings Coverage

Among 13 analysts covering Syntel Inc. (NASDAQ:SYNT), 1 have Buy rating, 1 Sell and 11 Hold. Therefore 8% are positive. Syntel Inc. had 36 analyst reports since August 14, 2015 according to SRatingsIntel. SunTrust maintained the shares of SYNT in report on Tuesday, October 17 with “Hold” rating. Suntrust Robinson initiated the shares of SYNT in report on Thursday, September 10 with “Buy” rating. The rating was maintained by Needham on Friday, October 21 with “Buy”. The firm earned “Buy” rating on Tuesday, January 10 by Loop Capital. The company was upgraded on Wednesday, October 18 by William Blair. The rating was maintained by Cowen & Co with “Hold” on Thursday, October 12. The rating was downgraded by Maxim Group to “Hold” on Friday, July 15. The stock of Syntel, Inc. (NASDAQ:SYNT) has “Hold” rating given on Monday, October 24 by SunTrust. The firm has “Hold” rating by Robert W. Baird given on Friday, September 1. The stock of Syntel, Inc. (NASDAQ:SYNT) has “Hold” rating given on Friday, February 16 by SunTrust.

Syntel, Inc. provides digital transformation, information technology , and knowledge process outsourcing (KPO) services worldwide. The company has market cap of $2.23 billion. The firm operates through Banking and Financial Services; Healthcare and Life Sciences; Insurance; Manufacturing; and Retail, Logistics, and Telecom divisions. It has a 13.48 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.

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