NASDAQ:SYKE - Sykes Enterprises Stock Price, News, & Analysis

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$25.80 +0.05 (+0.19 %)
(As of 05/22/2019 04:00 PM ET)
Previous Close$25.75
Today's Range$25.52 - $25.95
52-Week Range$22.67 - $31.41
Volume169,202 shs
Average Volume151,916 shs
Market Capitalization$1.10 billion
P/E Ratio12.77
Dividend YieldN/A
Beta0.75
Sykes Enterprises, Incorporated, together with its subsidiaries, provides multichannel demand generation and global customer engagement services. Its customer care services include handling billing inquiries and claims, activating customer accounts, resolving complaints, cross-selling/up-selling, and prequalifying and warranty management, as well as providing health information and dispatching roadside assistance. The company's technical support services comprise support around complex networks, hardware and software, communications equipment, Internet access technology, and Internet portal usage. It also provides customer acquisition services, which focuses around digital marketing, multichannel demand generation, and inbound up-selling and sales conversion, as well as outbound selling of its clients' products and services. In addition, the company offers technical staffing and outsourced corporate help desk services; and fulfillment services, such as order and payment processing, inventory control, product delivery, and product returns handling, as well as consulting, implementation, hosting, and managed services that optimize its differentiated full lifecycle management services platform. The company offers its services through phone, email, social media, text messaging, chat, and digital self-service support. Sykes Enterprises, Incorporated provides its services to corporations, medium-sized businesses, and public institutions in the financial services, communications, technology, transportation and leisure, healthcare, and other industries. It operates in the United States, Canada, Latin America, Australia, the Asia Pacific Rim, Europe, the Middle East, and Africa. Sykes Enterprises, Incorporated was founded in 1977 and is headquartered in Tampa, Florida.

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Industry, Sector and Symbol

Industry Computer integrated systems design
Sub-IndustryData Processing & Outsourced Services
SectorBusiness Services
Current SymbolNASDAQ:SYKE
CUSIP87123710
Phone813-274-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.63 billion
Cash Flow$3.75 per share
Book Value$19.78 per share

Profitability

Net Income$48.93 million

Miscellaneous

Employees51,600
Market Cap$1.10 billion
Next Earnings Date8/5/2019 (Estimated)
OptionableOptionable

Sykes Enterprises (NASDAQ:SYKE) Frequently Asked Questions

What is Sykes Enterprises' stock symbol?

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

How were Sykes Enterprises' earnings last quarter?

Sykes Enterprises, Incorporated (NASDAQ:SYKE) issued its earnings results on Monday, May, 6th. The information technology services provider reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.02. The information technology services provider had revenue of $402.93 million for the quarter, compared to analyst estimates of $404.73 million. Sykes Enterprises had a return on equity of 10.53% and a net margin of 3.08%. The business's quarterly revenue was down 2.8% on a year-over-year basis. During the same quarter last year, the company earned $0.43 EPS. View Sykes Enterprises' Earnings History.

When is Sykes Enterprises' next earnings date?

Sykes Enterprises is scheduled to release their next quarterly earnings announcement on Monday, August 5th 2019. View Earnings Estimates for Sykes Enterprises.

What guidance has Sykes Enterprises issued on next quarter's earnings?

Sykes Enterprises updated its FY19 earnings guidance on Monday, May, 6th. The company provided earnings per share (EPS) guidance of $2.10-2.20 for the period, compared to the Thomson Reuters consensus estimate of $2.22. The company issued revenue guidance of $1.656-1.672 billion, compared to the consensus revenue estimate of $1.66 billion.Sykes Enterprises also updated its Q2 guidance to $0.28-0.31 EPS.

What price target have analysts set for SYKE?

2 equities research analysts have issued 12 month target prices for Sykes Enterprises' stock. Their forecasts range from $31.00 to $31.00. On average, they expect Sykes Enterprises' stock price to reach $31.00 in the next twelve months. This suggests a possible upside of 20.2% from the stock's current price. View Analyst Price Targets for Sykes Enterprises.

What is the consensus analysts' recommendation for Sykes Enterprises?

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

What are Wall Street analysts saying about Sykes Enterprises stock?

Here are some recent quotes from research analysts about Sykes Enterprises stock:
  • 1. According to Zacks Investment Research, "Sykes Enterprises, Incorporated is a global business process outsourcing (BPO) leader in providing comprehensive inbound customer engagement services to Global 2000 companies, primarily in the communications, financial services, healthcare, technology, transportation and retail industries. SYKES' differentiated end-to-end service platform effectively engages consumers at every touch point in their customer lifecycle, starting from digital marketing and acquisition to customer support, technical support, up-sell/cross-sell and retention. SYKES provides its services through multiple communication channels encompassing phone, e-mail, web, chat, social media and digital self-service. Utilizing its integrated onshore/offshore and virtual at-home agent delivery models, SYKES serves its clients through two geographic operating segments: the Americas (United States, Canada, Latin America, India and the Asia Pacific region) and EMEA (Europe, Middle East and Africa). " (3/1/2019)
  • 2. Barrington Research analysts commented, "Weakness in communications vertical revenue, down 20% YOY, and ongoing labor market challenges continue to negatively impact efficiency. These two factors contributed to a continued decline in capacity utilization rates, which declined YOY from 71% to 70% in Q3/18." (11/12/2018)

Has Sykes Enterprises been receiving favorable news coverage?

News headlines about SYKE stock have been trending somewhat positive recently, InfoTrie reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Sykes Enterprises earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave news headlines about the information technology services provider a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an impact on the company's share price in the next several days.

Who are some of Sykes Enterprises' key competitors?

What other stocks do shareholders of Sykes Enterprises own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sykes Enterprises investors own include First Solar (FSLR), Illumina (ILMN), QUALCOMM (QCOM), Wynn Resorts (WYNN), salesforce.com (CRM), UnitedHealth Group (UNH), United Technologies (UTX), Verizon Communications (VZ), WEC Energy Group (WEC) and zooplus (ZO1).

Who are Sykes Enterprises' key executives?

Sykes Enterprises' management team includes the folowing people:
  • Mr. Charles E. Sykes, Pres, CEO & Exec. Director (Age 56)
  • Mr. John Chapman, Chief Fin. Officer (Age 52)
  • Mr. David L. Pearson, Chief Information Officer (Age 60)
  • Mr. James T. Holder CPA, J.D., CPA, Chief Legal Officer (Age 60)
  • Mr. Lawrence R. Zingale, Chief Customer Officer & GM of EMEA (Age 63)

Who are Sykes Enterprises' major shareholders?

Sykes Enterprises' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.03%), Dimensional Fund Advisors LP (8.38%), Victory Capital Management Inc. (4.49%), LSV Asset Management (3.50%), Boston Partners (3.05%) and Wells Fargo & Company MN (2.74%). Company insiders that own Sykes Enterprises stock include Charles E Sykes, David Pearson, James T Holder, Jenna Nelson, John Chapman and Lawrence Zingale. View Institutional Ownership Trends for Sykes Enterprises.

Which major investors are selling Sykes Enterprises stock?

SYKE stock was sold by a variety of institutional investors in the last quarter, including River Road Asset Management LLC, Acadian Asset Management LLC, Raymond James & Associates, Alambic Investment Management L.P., James Investment Research Inc., Man Group plc, Wedge Capital Management L L P NC and Dimensional Fund Advisors LP. Company insiders that have sold Sykes Enterprises company stock in the last year include James T Holder and Jenna Nelson. View Insider Buying and Selling for Sykes Enterprises.

Which major investors are buying Sykes Enterprises stock?

SYKE stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Intrepid Capital Management Inc., Goldman Sachs Group Inc., Tributary Capital Management LLC, BlackRock Inc., TD Asset Management Inc., Geode Capital Management LLC and Martingale Asset Management L P. View Insider Buying and Selling for Sykes Enterprises.

How do I buy shares of 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.

What is Sykes Enterprises' stock price today?

One share of SYKE stock can currently be purchased for approximately $25.80.

How big of a company is Sykes Enterprises?

Sykes Enterprises has a market capitalization of $1.10 billion and generates $1.63 billion in revenue each year. The information technology services provider earns $48.93 million in net income (profit) each year or $2.02 on an earnings per share basis. Sykes Enterprises employs 51,600 workers across the globe.

What is Sykes Enterprises' official website?

The official website for Sykes Enterprises is http://www.sykes.com/.

How can I contact Sykes Enterprises?

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]


MarketBeat Community Rating for Sykes Enterprises (NASDAQ SYKE)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  149 (Vote Outperform)
Underperform Votes:  245 (Vote Underperform)
Total Votes:  394
MarketBeat's community ratings are surveys of what our community members think about Sykes Enterprises and other stocks. Vote "Outperform" if you believe SYKE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SYKE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/22/2019 by MarketBeat.com Staff

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