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

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$26.71 -1.89 (-6.61 %)

(As of 11/20/2018 04:00 PM ET)

Previous Close$28.60

Today's Range$26.67 - $28.32

52-Week Range$25.90 - $32.15

Volume279,100 shs

Average Volume139,885 shs

Market Capitalization$1.21 billion

P/E Ratio13.62

Dividend YieldN/A

Beta0.65

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, demand generation, and in-bound sales conversion, as well as inbound and outbound up-selling its clients' products and services. It also provides technical staffing services to outsourced corporate help desk services; and fulfillment services, such as order and payment processing, inventory control, product delivery, and product returns handling. The company offers its services through phone, e-mail, 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 communications, financial services, technology, transportation and leisure, healthcare, retail, 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

Stock Exchange NASDAQ

Industry Computer integrated systems design

Sub-IndustryData Processing & Outsourced Services

SectorBusiness Services

Current SymbolNASDAQ:SYKE

Previous Symbol

CUSIP87123710

Webwww.sykes.com

Phone813-274-1000

Debt

Debt-to-Equity Ratio0.10

Current Ratio2.74

Quick Ratio2.74

Price-To-Earnings

Trailing P/E Ratio13.62

Forward P/E Ratio12.66

P/E Growth1.35

Sales & Book Value

Annual Sales$1.59 billion

Price / Sales0.72

Cash Flow$3.5424 per share

Price / Cash7.54

Book Value$18.57 per share

Price / Book1.44

Profitability

EPS (Most Recent Fiscal Year)$2.00

Net Income$32.21 million

Net Margins0.91%

Return on Equity10.08%

Return on Assets6.80%

Miscellaneous

Employees55,000

Outstanding Shares42,780,000

Market Cap$1.21 billion

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) announced its quarterly earnings data on Monday, November, 5th. The information technology services provider reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.03. The information technology services provider earned $399.30 million during the quarter, compared to analyst estimates of $404.79 million. Sykes Enterprises had a return on equity of 10.08% and a net margin of 0.91%. The firm's revenue for the quarter was down 2.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.62 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, February 25th 2019. View Earnings Estimates for Sykes Enterprises.

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

Sykes Enterprises updated its fourth quarter earnings guidance on Monday, November, 5th. The company provided earnings per share guidance of $0.65-0.69 for the period, compared to the Thomson Reuters consensus estimate of $0.65. The company issued revenue guidance of $415-420 million, compared to the consensus revenue estimate of $419.77 million.Sykes Enterprises also updated its FY 2018 guidance to $2.09-2.13 EPS.

What price target have analysts set for SYKE?

2 equities research analysts have issued 12 month target prices for Sykes Enterprises' shares. Their predictions range from $36.00 to $36.00. On average, they expect Sykes Enterprises' share price to reach $36.00 in the next twelve months. This suggests a possible upside of 34.8% 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 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." 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. 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)
2. 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). " (5/11/2018)

Has Sykes Enterprises been receiving favorable news coverage?

News articles about SYKE stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sykes Enterprises earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned headlines about the information technology services provider a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.

Who are some of Sykes Enterprises' key competitors?

Some companies that are related to Sykes Enterprises include Caci International (CACI), Science Applications International (SAIC), Verint Systems (VRNT), NetScout Systems (NTCT), Allscripts Healthcare Solutions (MDRX), Scientific Games (SGMS), Ebix (EBIX), Nextgen Healthcare (NXGN), Unisys (UIS), Onespan (OSPN), Ribbon Communications (RBBN), KEYW (KEYW), Agilysys (AGYS), Simulations Plus (SLP) and Digimarc (DMRC).

Who are Sykes Enterprises' key executives?

Sykes Enterprises' management team includes the folowing people:

Mr. Charles E. Sykes, Pres, CEO & Exec. Director (Age 55)
Mr. John Chapman, Exec. VP & CFO (Age 51)
Mr. David L. Pearson, Exec. VP & Chief Information Officer (Age 59)
Mr. James T. Holder CPA, J.D., CPA, Exec. VP, Gen. Counsel & Corp. Sec. (Age 59)
Mr. Lawrence R. Zingale, Exec. VP and GM of North America & EMEA (Age 62)

Who are Sykes Enterprises' major shareholders?

Sykes Enterprises' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.30%), Dimensional Fund Advisors LP (8.41%), Fuller & Thaler Asset Management Inc. (4.99%), Victory Capital Management Inc. (4.04%), LSV Asset Management (3.52%) and Wells Fargo & Company MN (2.75%). Company insiders that own Sykes Enterprises stock include Charles E Sykes, David Pearson, James T Holder, Jenna Nelson, John Chapman, Lawrence Zingale and Paul L Whiting. 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 JPMorgan Chase & Co., JPMorgan Chase & Co., Tributary Capital Management LLC, Alambic Investment Management L.P., Prudential Financial Inc., Fuller & Thaler Asset Management Inc., Wells Fargo & Company MN and New Amsterdam Partners LLC NY. Company insiders that have sold Sykes Enterprises company stock in the last year include Charles E Sykes, David Pearson, James T Holder, John Chapman and Lawrence Zingale. 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 BlackRock Inc., Matarin Capital Management LLC, River Road Asset Management LLC, Acadian Asset Management LLC, James Investment Research Inc., Nordea Investment Management AB, Bank of New York Mellon Corp and Russell Investments Group Ltd.. 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 $26.71.

How big of a company is Sykes Enterprises?

Sykes Enterprises has a market capitalization of $1.21 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.

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 ()
Outperform Votes:		138 (Vote Outperform)
Underperform Votes:		227 (Vote Underperform)
Total Votes:		365

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 11/20/2018 by MarketBeat.com Staff

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