Syntel, Inc. (Syntel) is a global provider of digital transformation, information technology and knowledge process outsourcing services. The Company operates through five segments: Banking and Financial Services, which serves financial institutions around the world; Healthcare and Life Sciences, which serve various companies, including healthcare payers, providers, and pharmaceutical and medical device providers; Insurance, which serve the needs of property and casualty insurers, insurance brokers, personal, commercial, life and retirement insurance service providers; Manufacturing, which provides business consulting and technology services for industrial and automotive clients, and Retail, Logistics and Telecom, which serves a range of retailers and distributors, logistics clients and clients in the telecom industry. The Company offers its products and services under the Syntel brand.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Information Technology Services
- Sub-Industry: Data Processing & Outsourced Services
- Exchange: NASDAQ
- Symbol: SYNT
- CUSIP: 87162H10
- Previous Close: $18.64
- 50 Day Moving Average: $21.02
- 200 Day Moving Average: $28.44
- 52-Week Range: $18.00 - $50.92
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 9.46
- P/E Growth: 0.96
- Market Cap: $1.57B
- Outstanding Shares: 84,116,000
- Beta: 1.17
- Net Margins: -3.17%
- Return on Equity: 28.09%
- Return on Assets: 15.75%
Companies Related to Syntel:
- Debt-to-Equity Ratio: -2.10%
- Current Ratio: 1.07%
- Quick Ratio: 1.07%
What is Syntel's stock symbol?
Syntel trades on the NASDAQ under the ticker symbol "SYNT."
How often does Syntel pay dividends? What is the dividend yield for Syntel?
Syntel announced a special dividend on Tuesday, September 13th. Stockholders 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.
Where is Syntel's stock going? Where will Syntel's stock price be in 2017?
11 analysts have issued 12 month target prices for Syntel's stock. Their predictions range from $23.00 to $52.00. On average, they expect Syntel's share price to reach $31.00 in the next year.
When will Syntel announce their earnings?
Syntel is scheduled to release their next quarterly earnings announcement on Monday, March, 6th 2017.
What are analysts saying about Syntel stock?
Here are some recent quotes from research analysts about Syntel stock:
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)
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. " (2/9/2017)
Robert W. Baird analysts commented, "We are downgrading to Neutral. While we appreciate nearly 10% revenue growth and a strong net cash position, we think that the midpoint of EPS guidance could be trimmed (the INR has gotten slightly stronger relative to guidance and margins are already quite high) and valuation has ramped nicely in the past several months. Industry revenue trends seem solid overall (~10% growth), but SYNT’s vertical mix of financial services and insurance (~60-65% of revenue, including 20%+ of total revenue from American Express) could be why the company guided 2016 revenue to 6-10% (slightly lower than industry growth), as competitors have noted some choppiness in these verticals." (4/19/2016)
Who owns Syntel stock?
Syntel's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Bharat Desai (40.40%), Neerja Sethi (28.20%), The DS Foundation (6.30%), FMR LLC (4.25%), State Street Corp (0.71%) and Dimensional Fund Advisors LP (0.60%). 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.
Who sold Syntel stock? Who is selling Syntel stock?
Syntel's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC. 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.
Who bought Syntel stock? Who is buying Syntel stock?
Syntel's stock was acquired by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, FMR LLC, FIL Ltd, Third Avenue Management LLC, GSA Capital Partners LLP, Oxford Asset Management, Russell Investments Group Ltd. and Freestone Capital Holdings LLC. Company insiders that have bought Syntel stock in the last two years include Anil Agrawal, Daniel M Moore, Paritosh K Choksi, Rakesh Khanna, Rex E Jr Schlaybaugh and Vinod Kumar Sahney.
How do I buy Syntel stock?
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.
How much does a share of Syntel stock cost?
One share of Syntel stock can currently be purchased for approximately $18.64.