NASDAQ:SYNT - Syntel Stock Price, Price Target & More

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

Syntel declared that its board has authorized a share buyback plan on Friday, July 21st 2017, which permits the company to buyback $60,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 3.9% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's leadership believes its stock is undervalued.

Syntel, Inc. (NASDAQ:SYNT) announced its quarterly earnings results on Thursday, April, 19th. The information technology services provider reported $0.55 EPS for the quarter, beating the consensus estimate of $0.44 by $0.11. The information technology services provider had revenue of $245.35 million for the quarter. Syntel had a negative return on equity of 504.52% and a net margin of 18.40%. Syntel's revenue was up 8.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.46 EPS. View Syntel's Earnings History.

Syntel is scheduled to release their next quarterly earnings announcement on Thursday, July, 19th 2018. View Earnings Estimates for Syntel.

Syntel updated its FY18 earnings guidance on Thursday, April, 19th. The company provided EPS guidance of $1.76-1.96 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.87. The company issued revenue guidance of $920-960 million, compared to the consensus revenue estimate of $932.47 million.

12 brokerages have issued 12-month target prices for Syntel's shares. Their predictions range from $16.00 to $29.00. On average, they expect Syntel's share price to reach $23.7143 in the next twelve months. View Analyst Ratings for Syntel.

Some companies that are related to Syntel include Amdocs (DOX), Obic (OBIIF), Aspen Technology (AZPN), EPAM Systems (EPAM), Sogou (SOGO), GEMALTO NV/S (GTOMY), Zscaler (ZS), Callidus Software (CALD), Virtusa (VRTU), PROS (PRO), Luxoft (LXFT), Perficient (PRFT), Monotype Imaging (TYPE), Glu Mobile (GLUU) and Formula Systems (1985) (FORTY).

Press coverage about SYNT stock has trended somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Syntel earned a daily sentiment score of 0.22 on Accern's scale. They also assigned news articles about the information technology services provider an impact score of 43.66 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Syntel's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.85%), Dimensional Fund Advisors LP (1.57%), Schroder Investment Management Group (1.29%), Freestone Capital Holdings LLC (1.00%), Millennium Management LLC (0.72%) and FIL Ltd (0.69%). Company insiders that own Syntel stock include Anil Agrawal, Anil Jain, Avinash Salelkar, Ben Andradi, Christopher Mason, Daniel M Moore, Murlidhar Reddy, Nitin Rakesh, Paritosh K Choksi, Prashant Ranade, Rahul B Aggarwal, Raja Ray, Rajesh Save, Rakesh Khanna, Rex E Jr Schlaybaugh, Sanjay Garg, Sujay Puthran, Sundarraj Venkatesan and Vinod Kumar Sahney. View Institutional Ownership Trends for Syntel.

SYNT stock was sold by a variety of institutional investors in the last quarter, including ARGA Investment Management LP, M&T Bank Corp, Federated Investors Inc. PA, JPMorgan Chase & Co., Smith Asset Management Group LP, Hsbc Holdings PLC, Alambic Investment Management L.P. and Pekin Singer Strauss Asset Management IL. Company insiders that have sold Syntel company stock in the last year include Anil Jain, Avinash Salelkar, Ben Andradi, Daniel M Moore, Murlidhar Reddy, Prashant Ranade, Rahul B Aggarwal, Sanjay Garg, Sujay Puthran and Sundarraj Venkatesan. View Insider Buying and Selling for Syntel.

SYNT stock was bought by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Millennium Management LLC, LSV Asset Management, BlackRock Inc., Dimensional Fund Advisors LP, Highbridge Capital Management LLC, Freestone Capital Holdings LLC and Schwab Charles Investment Management Inc.. 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 SYNT 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 SYNT stock can currently be purchased for approximately $32.01.

Syntel has a market capitalization of $2.83 billion and generates $923.83 million in revenue each year. The information technology services provider earns $166.26 million in net income (profit) each year or $2.02 on an earnings per share basis. Syntel employs 22,114 workers across the globe.

Syntel's mailing address is 525 EAST BIG BEAVER ROAD SUITE 300, TROY MI, 48083. The information technology services provider can be reached via phone at 248-619-2800 or via email at [email protected]