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

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$39.13 +0.11 (+0.28 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$39.02
Today's Range$38.55 - $39.26
52-Week Range$17.78 - $39.53
Volume580,300 shs
Average Volume519,603 shs
Market Capitalization$3.24 billion
P/E Ratio19.37
Dividend YieldN/A
Beta0.75
Syntel logoSyntel, Inc. provides digital transformation, information technology (IT), and knowledge process outsourcing (KPO) services worldwide. The company operates through Banking and Financial Services; Healthcare and Life Sciences; Insurance; Manufacturing; and Retail, Logistics, and Telecom segments. It provides end-to-end, integrated application, and infrastructure management services; develops software applications; and offers legacy modernization services, such as software analysis, language conversion, reverse engineering, database migration, code optimization, cloud onboarding and migration, ecosystem migration, testing, and management. The company also provides consulting, implementation, and management services for enterprise architecture, data warehousing, business intelligence, and enterprise application integration, as well as mobility, big data, analytics, and Internet of Things technologies. In addition, it offers KPO services that provide outsourced solutions for knowledge and business processes. The company offers its products to various companies in the banking and financial services, healthcare and life sciences, insurance, manufacturing, retail, logistics, and telecom industries. Syntel, Inc. was founded in 1980 and is headquartered in Troy, Michigan.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Custom computer programming services
Sub-IndustryData Processing & Outsourced Services
SectorComputer and Technology
SymbolNASDAQ:SYNT
CUSIP87162H10
Phone248-619-2800

Debt

Debt-to-Equity Ratio7.25
Current Ratio1.83
Quick Ratio1.83

Price-To-Earnings

Trailing P/E Ratio19.37
Forward P/E Ratio20.27
P/E Growth2.02

Sales & Book Value

Annual Sales$923.83 million
Price / Sales3.51
Cash Flow$2.2170 per share
Price / Cash17.65
Book Value($0.16) per share
Price / Book-244.56

Profitability

EPS (Most Recent Fiscal Year)$2.02
Net Income$166.26 million
Net Margins18.40%
Return on Equity-504.52%
Return on Assets38.49%

Miscellaneous

Employees22,114
Outstanding Shares82,970,000
Market Cap$3,236.56

Syntel (NASDAQ:SYNT) Frequently Asked Questions

What is Syntel's stock symbol?

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

How will Syntel's stock buyback program work?

Syntel declared that its board has authorized a share repurchase program on Friday, July 21st 2017, which allows the company to buyback $60,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 3.9% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's management believes its shares are undervalued.

How were Syntel's earnings last quarter?

Syntel, Inc. (NASDAQ:SYNT) posted its quarterly earnings results on Thursday, July, 21st. The information technology services provider reported $0.70 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.63 by $0.07. The information technology services provider earned $246 million during the quarter, compared to analysts' expectations of $249.12 million. Syntel had a negative return on equity of 504.52% and a net margin of 18.40%. The company's revenue was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.72 earnings per share. View Syntel's Earnings History.

When is Syntel's next earnings date?

Syntel is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Syntel.

What price target have analysts set for SYNT?

12 Wall Street analysts have issued twelve-month target prices for Syntel's stock. Their predictions range from $16.00 to $29.00. On average, they expect Syntel's share price to reach $23.7143 in the next year. This suggests that the stock has a possible downside of 39.4%. View Analyst Ratings for Syntel.

What is the consensus analysts' recommendation for Syntel?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Syntel in the last year. There are currently 2 sell ratings, 9 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

What are Wall Street analysts saying about Syntel stock?

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. " (7/10/2018)
  • 2. Barrington Research analysts commented, "We believe the sales pipeline for both digital and European projects is sizeable." (7/3/2018)
  • 3. Cantor Fitzgerald analysts commented, "1Q18 revenues and EPS top expectations. Syntel reported 1Q18 revenue of $245.3 million, up 8.6% y/y and 2.3% q/q, well above our $228 million estimate and the FactSet consensus of $227 million. Gross margin of 37.2% was well above our estimate of 34.9%. SG&A of $27.0 million was below our $29.6 million estimate. Operating margin of 26.2% was well above our 21.9% estimate. EPS of $0.55 was well above our estimate of $0.42 and consensus of $0.44. See p. 2 for a comparison of present quarterly results to the same quarter last year and our estimates." (4/19/2018)

Who are some of Syntel's key competitors?

Who are Syntel's key executives?

Syntel's management team includes the folowing people:
  • Mr. Bharat Desai, Co-Founder & Co-Chairman (Age 65)
  • Mr. Rakesh Khanna, CEO, Pres & Director (Age 55)
  • Ms. Neerja Sethi, Co-Founder & Director (Age 63)
  • Mr. Anil Agrawal, CFO & Chief Information Security Officer (Age 41)
  • Mr. Daniel M. Moore, Chief Admin. Officer, Gen. Counsel & Sec. (Age 63)

Has Syntel been receiving favorable news coverage?

Media stories about SYNT stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Syntel earned a coverage optimism score of 0.15 on Accern's scale. They also assigned news articles about the information technology services provider an impact score of 46.52 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Who are Syntel's major shareholders?

Syntel's stock is owned by a number of of retail and institutional investors. Top institutional investors include PenderFund Capital Management Ltd. (0.28%), RK Asset Management LLC (0.27%), James Investment Research Inc. (0.14%) and Fox Run Management L.L.C. (0.02%). 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.

Which institutional investors are selling Syntel stock?

SYNT stock was sold by a variety of institutional investors in the last quarter, including PenderFund Capital Management Ltd., James Investment Research Inc., RK Asset Management LLC and Fox Run Management L.L.C.. 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.

How do I buy shares of 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.

What is Syntel's stock price today?

One share of SYNT stock can currently be purchased for approximately $39.13.

How big of a company is Syntel?

Syntel has a market capitalization of $3.24 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.

How can I contact Syntel?

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]


MarketBeat Community Rating for Syntel (NASDAQ SYNT)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  231 (Vote Outperform)
Underperform Votes:  368 (Vote Underperform)
Total Votes:  599
MarketBeat's community ratings are surveys of what our community members think about Syntel and other stocks. Vote "Outperform" if you believe SYNT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SYNT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/20/2018 by MarketBeat.com Staff

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