NASDAQ:SIFY

Sify Technologies Stock Forecast, Price & News

$2.86

-0.10 (-3.38 %)

(As of 04/22/2021 12:00 AM ET)

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Today's Range

$2.82

Now: $2.86▼

$3.00

50-Day Range

$2.70

MA: $3.55▼

$4.19

52-Week Range

$0.75

Now: $2.86▼

$5.89

Volume340,337 shs

Average Volume2.59 million shs

Market Capitalization$512.58 million

P/E RatioN/A

Dividend YieldN/A

Beta1.58

Sify Technologies Limited provides integrated ICT solutions and services in India and internationally. The company operates in five segments: Telecom Services, Data Center Services, Cloud and Managed Services, Technology Integration Services, and Applications Integration Services. The Telecom Services segment offers internet protocol based virtual private network services, including intranets, extranets, and remote access applications; and last mile connectivity services. The Data Center Services segment provides co-location, regular backup, server load balancing, and remote backup solutions; shared hosting, network, and security services; storage and virtualization services; and managed voice services to resident enterprises. The Cloud and Managed Services segment offers on-demand hosting services; and remote and onsite infrastructure management services that manages and supports customer operating systems, applications, and database layers, as well as utility-based on-demand storage services. The Technology Integration Services segment provides data center build, network integration, information security, end user computing, and collaborative tools and solutions. The Applications Integration Services segment offers online assessment, web development, supply chain solutions, content management, sale of digital certificates; sale, implementation, and maintenance of industry specific application; and operates online portfolio, including sify.com and samachar.com, gateway to the Internet by offering communication and search tools. The company was formerly known as Sify Limited and changed its name to Sify Technologies Limited in October 2007. The company was founded in 1995 and is headquartered in Chennai, India.

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Computer programming, data processing, & other computer related

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:SIFY

Previous Symbol

CUSIPN/A

CIK1094324

Webwww.sifytechnologies.com

Phone442-254-0770

Employees2,794

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.30

Current Ratio1.01

Quick Ratio0.91

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio40.86

P/E Growth1.66

Sales & Book Value

Annual Sales$326.31 million

Price / Sales1.57

Cash Flow$0.28 per share

Price / Cash Flow10.33

Book Value$0.84 per share

Price / Book3.40

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$9.36 million

Net Margins3.18%

Return on Equity9.55%

Return on Assets3.16%

Miscellaneous

Outstanding Shares179,223,000

Market Cap$512.58 million

Next Earnings Date5/4/2021 (Estimated)

OptionableOptionable

Headlines

Sify Technologies (NASDAQ:SIFY) Stock Crosses Above 200-Day Moving Average of $2.23
April 22, 2021 | americanbankingnews.com

Data Center Services Market to Eyewitness Massive Growth by 2026 | Nlyte, Fujitsu, Telefonica S.A, Cisco Systems
April 20, 2021 | marketwatch.com

Sify Technologies (NASDAQ:SIFY) Shares Gap Down to $3.26
April 14, 2021 | americanbankingnews.com

Amazon India to bear COVID vaccine cost for over a million; to include employees, sellers, others
April 14, 2021 | msn.com

Sify Technologies (NASDAQ:SIFY) Trading Up 7.2%
April 13, 2021 | americanbankingnews.com

Sify Technologies (NASDAQ:SIFY) Shares Down 8%
April 12, 2021 | americanbankingnews.com

Sify Technologies Limited (NASDAQ:SIFY) Sees Large Increase in Short Interest
March 31, 2021 | americanbankingnews.com

AMS-IX And Sify Expand Indian Footprint With Four New Internet Exchanges
March 22, 2021 | markets.businessinsider.com

AMS-IX and Sify to open four new Internet Exchanges in India
March 22, 2021 | finance.yahoo.com

Should You Investigate Sify Technologies Limited (NASDAQ:SIFY) At US$4.19?
March 18, 2021 | finance.yahoo.com

Mindtree, Sify to cover vaccination costs for employees, family members
March 8, 2021 | in.finance.yahoo.com

Sify to cover vaccination costs for over 2,000 employees, family members
March 8, 2021 | in.finance.yahoo.com

Sify Technologies shares are trading higher on a Bloomberg report that Blackstone is in talks to buy a minority stake in the company.
March 6, 2021 | benzinga.com

Mid-Day Market Update: Dow Tumbles Over 100 Points; Sify Technologies Shares Spike Higher
March 5, 2021 | markets.businessinsider.com

Why Sify Technologies Is Trading Higher Today
March 5, 2021 | benzinga.com

Sify Technologies adjudged the best in Talent Management and Learning and Development
March 1, 2021 | finance.yahoo.com

World Leadership Congress recognises Kamal Nath as 'CEO of the Year'
February 23, 2021 | marketwatch.com

World Leadership Congress recognises Kamal Nath as ‘CEO of the Year’
February 22, 2021 | finance.yahoo.com

Sify Technologies shares are trading higher. Not seeing any company-specific news to justify the price action.
February 12, 2021 | benzinga.com

Sify Technologies: Bullish As India Cloud Adoption Accelerates
February 5, 2021 | seekingalpha.com

See More Headlines

MarketRank^™

Overall MarketRank^™

1.21 out of 5 stars

Computer And Technology Sector

553rd out of 1,554 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

40th out of 74 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Sify Technologies.

2.5 Community Rank

Outperform Votes
Sify Technologies has received 154 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Sify Technologies has received 158 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Sify Technologies has received 50.64% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Sify Technologies and other stocks. Vote “Outperform” if you believe SIFY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SIFY will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Sify Technologies does not currently pay a dividend.
Dividend Growth
Sify Technologies does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sify Technologies insiders have not sold or bought any company stock.
Percentage Held by Insiders
77.00% of the stock of Sify Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 0.77% of the stock of Sify Technologies is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Sify Technologies are expected to grow by 28.57% in the coming year, from $0.07 to $0.09 per share.
Price to Earnings Growth Ratio
Sify Technologies has a PEG Ratio of 1.66. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Sify Technologies has a P/B Ratio of 3.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

$2.86

-0.10 (-3.38 %)

(As of 04/22/2021 12:00 AM ET)

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Sify Technologies (NASDAQ:SIFY) Frequently Asked Questions

What stocks does MarketBeat like better than Sify Technologies?

Wall Street analysts have given Sify Technologies a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Sify Technologies wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Sify Technologies?

Sify Technologies saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 1,280,000 shares, an increase of 53.1% from the February 28th total of 836,300 shares. Based on an average daily volume of 2,900,000 shares, the short-interest ratio is currently 0.4 days.
View Sify Technologies' Short Interest.

When is Sify Technologies' next earnings date?

Sify Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for Sify Technologies.

How has Sify Technologies' stock been impacted by COVID-19?

Sify Technologies' stock was trading at $0.8783 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SIFY shares have increased by 225.6% and is now trading at $2.86.
View which stocks have been most impacted by COVID-19.

Who are Sify Technologies' key executives?

Sify Technologies' management team includes the following people:

Mr. Raju Vegesna, Chairman & MD (Age 61)
Mr. Kamal Nath, Chief Exec. Officer (Age 56, Pay $221.6k)
Mr. M. P. Vijay Kumar, Chief Financial Officer (Age 51, Pay $181.46k)
Mr. C. R. Rao, COO, Head of HR & Admin. and VP (Age 61, Pay $190.4k)
Mr. Ananda Raju Vegesna, Exec. Director (Age 61)
Mr. Natesh Mani, Pres of Sales and Marketing (Age 61)
Mr. David Nishball, Chief Strategic Officer
Mr. Arindam Mukherjee, Regional CEO of West Region
Mr. V. Ramanujan, Company Sec.

What is Raju Vegesna's approval rating as Sify Technologies' CEO?

220 employees have rated Sify Technologies CEO Raju Vegesna on Glassdoor.com. Raju Vegesna has an approval rating of 86% among Sify Technologies' employees.

Who are some of Sify Technologies' key competitors?

Some companies that are related to Sify Technologies include Eventbrite (EB), Model N (MODN), EverQuote (EVER), GAN (GAN), HealthStream (HSTM), Qutoutiao (QTT), TrueCar (TRUE), Aurora Mobile (JG), KLDiscovery (KLDI), Lizhi (LIZI), East Stone Acquisition (ESSC), Alithya Group (ALYA), Oblong (OBLG), Moxian (MOXC) and Synacor (SYNC).
View all of SIFY's competitors.

What other stocks do shareholders of Sify Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sify Technologies investors own include Pareteum (TEUM), Cypress Semiconductor (CY), Wix.com (WIX), Achaogen (AKAO), Calfrac Well Services (CFW), AT&T (T), Acasti Pharma (ACST), Energy Transfer (ET), FuelCell Energy (FCEL) and StealthGas (GASS).

What is Sify Technologies' stock symbol?

Sify Technologies trades on the NASDAQ under the ticker symbol "SIFY."

How do I buy shares of Sify Technologies?

Shares of SIFY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Sify Technologies' stock price today?

One share of SIFY stock can currently be purchased for approximately $2.86.

How much money does Sify Technologies make?

Sify Technologies has a market capitalization of $512.58 million and generates $326.31 million in revenue each year.

How many employees does Sify Technologies have?

Sify Technologies employs 2,794 workers across the globe.

What is Sify Technologies' official website?

The official website for Sify Technologies is www.sifytechnologies.com.

Where are Sify Technologies' headquarters?

Sify Technologies is headquartered at TIDEL PARK 2ND FLOOR NO. 4 CANAL BANK ROAD TARAMANI, CHENNAI K7, 600 113.

How can I contact Sify Technologies?

Sify Technologies' mailing address is TIDEL PARK 2ND FLOOR NO. 4 CANAL BANK ROAD TARAMANI, CHENNAI K7, 600 113. The technology company can be reached via phone at 442-254-0770 or via email at [email protected]

This page was last updated on 4/22/2021 by MarketBeat.com Staff

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