Syntel Company Profile (NASDAQ:SYNT)

Syntel trades on the NASDAQ under the ticker symbol "SYNT."

Syntel announced a special dividend on Tuesday, September 13th. Investors of record on Thursday, September 22nd will be paid a dividend of $15.00 per share on Monday, October 3rd. The ex-dividend date of this dividend is Tuesday, October 4th. This is an increase from Syntel's previous special dividend of $2.25. View Syntel's Dividend History.

Syntel, Inc. (NASDAQ:SYNT) released its earnings results on Thursday, April, 20th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.44 by $0.02. The business earned $225.87 million during the quarter. Syntel had a negative net margin of 3.17% and a positive return on equity of 28.09%. Syntel's revenue was down 6.4% compared to the same quarter last year. During the same period last year, the firm earned $0.63 EPS. View Syntel's Earnings History.

Syntel is scheduled to release their next quarterly earnings announcement on Thursday, July, 20th 2017. View Earnings Estimates for Syntel.

Syntel issued an update on its FY17 earnings guidance on Thursday, April, 20th. The company provided earnings per share (EPS) guidance of $1.57-1.77 for the period, compared to the Thomson Reuters consensus estimate of $1.89. The company issued revenue guidance of $855-900 million, compared to the consensus revenue estimate of $918.84 million.

10 brokerages have issued 1-year price objectives for Syntel's stock. Their predictions range from $18.00 to $52.00. On average, they expect Syntel's stock price to reach $30.13 in the next twelve months. View Analyst Ratings for Syntel.

Here are some recent quotes from research analysts about Syntel stock:

• 1. According to Zacks Investment Research, "Syntel is a worldwide provider of advanced technology services to Fortune 1000 companies, as well as to government entities. Their service offerings are grouped into three segments: e-Business, Application Outsourcing, and Teamsourcing. E-Business consists of practice areas in Web Solutions, Customer Relationship Management, Data Warehousing/Business Intelligence, and Enterprise Application Outsourcing services. " (2/21/2017)
• 2. Cantor Fitzgerald analysts commented, "4Q16 revenues and EPS top expectations. Syntel reported 4Q16 revenue of $237.9 mn, down 6.6% y/y and down 1.4% q/q, above our $235.6 mn estimate and the $236.0 mn FactSet consensus. Gross margin of 40.2% was above our 38.9% estimate. SG&A of $31.1 mn was below our $33.0 mn estimate. EPS of $0.57 was above our estimate of $0.53 and the consensus of $0.54. Share count and tax rate were about in line with expectations. See p. 2 for a comparison of present quarterly results to the same quarter last year and our estimates. Insurance segment grows for the second period in a row, but Financial Services and Healthcare dip again. Insurance (14% of revenue) grew 3% y/y, Retail, Logistics & Telecom (18%) was up by less than 1%, and Manufacturing (4%) fell by 11%. Healthcare & Life Sciences (16% of revenue) fell 9%, after falling by 7% in 3Q16, and BFS (48%) fell 10%, after falling by 8% in 3Q16. Headcount of 23,011, fell 0.2% sequentially and 6.2% y/y. 2017 guidance announced below expectations. Management announced 2017 revenue guidance of $900-945 mn, vs. the consensus of $977 mn, implying an annual decline of 2.2-6.9%. 2017 EPS guidance is set for $1.75-$2.00, vs. the consensus of $2.32. Our 2017 revenue estimate is $967 mn and our 2017 EPS estimate is $2.34." (2/16/2017)

Some companies that are related to Syntel include CACI International (CACI), Acxiom (ACXM), Sykes Enterprises, Incorporated (SYKE), Globant SA (GLOB), Virtusa (VRTU), Radware (RDWR), 21Vianet Group (VNET), Unisys (UIS), Perficient (PRFT), Digimarc Corp (DMRC), NCI (NCIT), Internap Corp (INAP), Computer Task Group (CTG), CIBER (CBR), DXC Technology Co (CSC), EPIQ Systems (EPIQ), IMS Health Holdings (IMS) and Qihoo 360 Technology Co Ltd (QIHU).

Syntel's stock is owned by many different of retail and institutional investors. Top institutional shareholders include FMR LLC (3.64%), Vanguard Group Inc. (3.09%), FIL Ltd (0.87%), Pekin Singer Strauss Asset Management IL (0.77%), IPG Investment Advisors LLC (0.63%) and Dimensional Fund Advisors LP (0.63%). Company insiders that own Syntel stock include Anil Agrawal, Anil Jain, Arvind Godbole, Avinash Salelkar, Christopher Mason, Daniel M Moore, Murlidhar Reddy, Nitin Rakesh, Paritosh K Choksi, Prashant Ranade, Raja Ray, Rajesh Save, Rakesh Khanna, Rex E Jr Schlaybaugh, Sanjay Garg, Thomas Doke and Vinod Kumar Sahney. View Institutional Ownership Trends for Syntel.

Syntel's stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, FMR LLC, Bank of America Corp DE, Highbridge Capital Management LLC, Goldman Sachs Group Inc., BTIM Corp., Schroder Investment Management Group and UBS Group AG. Company insiders that have sold Syntel stock in the last year include Anil Jain, Avinash Salelkar, Christopher Mason, Murlidhar Reddy, Nitin Rakesh, Prashant Ranade, Raja Ray, Rajesh Save and Sanjay Garg. View Insider Buying and Selling for Syntel.

Syntel's stock was acquired by a variety of institutional investors in the last quarter, including IPG Investment Advisors LLC, Sprott Inc., FIL Ltd, ARGA Investment Management LP, Alambic Investment Management L.P., M&T Bank Corp, Horrell Capital Management Inc. and KBC Group NV. Company insiders that have bought Syntel stock in the last two years include Anil Agrawal, Anil Jain, Avinash Salelkar, Daniel M Moore, Murlidhar Reddy, Paritosh K Choksi, Prashant Ranade, Raja Ray, Rakesh Khanna, Rex E Jr Schlaybaugh and Vinod Kumar Sahney. View Insider Buying and Selling for Syntel.

Shares of Syntel can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Syntel stock can currently be purchased for approximately $18.81.