NASDAQ:SYKE - Sykes Enterprises Stock Price, Price Target & More

Sykes Enterprises trades on the NASDAQ under the ticker symbol "SYKE."

Sykes Enterprises, Incorporated (NASDAQ:SYKE) announced its earnings results on Monday, May, 7th. The information technology services provider reported $0.43 EPS for the quarter, topping the consensus estimate of $0.28 by $0.15. The information technology services provider had revenue of $414.37 million for the quarter, compared to analysts' expectations of $409.96 million. Sykes Enterprises had a return on equity of 10.07% and a net margin of 1.51%. The business's revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.54 earnings per share. View Sykes Enterprises' Earnings History.

Sykes Enterprises is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for Sykes Enterprises.

Sykes Enterprises updated its FY18 earnings guidance on Monday, May, 7th. The company provided earnings per share (EPS) guidance of $2.00-2.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.00. The company issued revenue guidance of $1.676-1.691 billion, compared to the consensus revenue estimate of $1.69 billion.Sykes Enterprises also updated its Q2 guidance to $0.31-0.34 EPS.

3 equities research analysts have issued 12-month price targets for Sykes Enterprises' stock. Their forecasts range from $29.00 to $34.00. On average, they anticipate Sykes Enterprises' stock price to reach $31.50 in the next twelve months. This suggests a possible upside of 4.3% from the stock's current price. View Analyst Ratings for Sykes Enterprises.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sykes Enterprises in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Sykes Enterprises include Scientific Games (SGMS), CACI INTERNATIONAL INC Common Stock (CACI), Science Applications International (SAIC), Verint Systems (VRNT), Ebix (EBIX), NetScout Systems (NTCT), Convergys (CVG), Allscripts Healthcare Solutions (MDRX), Quality Systems (QSII), VASCO Data Security International (VDSI), Onespan (OSPN), Ribbon Communications (RBBN), Unisys (UIS), KEYW (KEYW) and Agilysys (AGYS).

Media coverage about SYKE stock has been trending positive on Thursday, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sykes Enterprises earned a media sentiment score of 0.25 on Accern's scale. They also gave media stories about the information technology services provider an impact score of 45.70 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Sykes Enterprises' stock is owned by many different of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.17%), Municipal Employees Retirement System of Michigan (0.03%) and First Citizens Bank & Trust Co. (0.02%). Company insiders that own Sykes Enterprises stock include Charles E Sykes, David Pearson, James T Holder, Jenna Nelson, John Chapman, Lawrence Zingale, Paul L Whiting and William J Meurer. View Institutional Ownership Trends for Sykes Enterprises.

SYKE stock was sold by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan. Company insiders that have sold Sykes Enterprises company stock in the last year include Charles E Sykes, David Pearson, John Chapman and Lawrence Zingale. View Insider Buying and Selling for Sykes Enterprises.

SYKE stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can and First Citizens Bank & Trust Co.. View Insider Buying and Selling for Sykes Enterprises.

Shares of SYKE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of SYKE stock can currently be purchased for approximately $30.21.

Sykes Enterprises has a market capitalization of $1.28 billion and generates $1.59 billion in revenue each year. The information technology services provider earns $32.21 million in net income (profit) each year or $2.00 on an earnings per share basis. Sykes Enterprises employs 55,000 workers across the globe.

Sykes Enterprises' mailing address is 400 NORTH ASHLEY DRIVE SUITE 2800, TAMPA FL, 33602. The information technology services provider can be reached via phone at 813-274-1000 or via email at [email protected]