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

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$32.01 +0.32 (+1.01 %)
(As of 06/24/2018 04:41 AM ET)
Previous Close$32.01
Today's Range$31.41 - $32.21
52-Week Range$15.88 - $34.19
Volume853,065 shs
Average Volume457,559 shs
Market Capitalization$2.63 billion
P/E Ratio15.85
Dividend YieldN/A
Beta0.76
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

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 Ratio15.85
Forward P/E Ratio16.59
P/E Growth2.19

Sales & Book Value

Annual Sales$923.83 million
Price / Sales2.87
Cash Flow$2.2322 per share
Price / Cash14.34
Book Value($0.16) per share
Price / Book-200.06

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

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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 announced that its Board of Directors has approved a stock buyback program on Friday, July 21st 2017, which permits the company to buyback $60,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 3.9% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

How were Syntel's earnings last quarter?

Syntel, Inc. (NASDAQ:SYNT) released its quarterly earnings results on Thursday, April, 19th. The information technology services provider reported $0.55 earnings per share (EPS) for the quarter, beating the Thomson Reuters' 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 net margin of 18.40% and a negative return on equity of 504.52%. The company's revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.46 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, 19th 2018. View Earnings Estimates for Syntel.

What guidance has Syntel issued on next quarter's earnings?

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

What price target have analysts set for SYNT?

12 Wall Street analysts have issued 12-month price targets for Syntel's stock. Their forecasts range from $16.00 to $29.00. On average, they anticipate Syntel's share price to reach $23.7143 in the next twelve months. View Analyst Ratings for Syntel.

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. " (6/23/2018)
  • 2. 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)
  • 3. Barrington Research analysts commented, "We expect Syntel to report Q1/18 total revenue of $227.2 million, which is in line with the FactSet consensus of $227.2 million. Our forecast represents year- over-year (YOY) growth of 1% and a sequential decline of 5%. The sequential decline is consistent with historical results, which were impacted by seasonality. Earnings outlook: We expect Syntel to report Q1/18 non-GAAP EPS of $0.44, which is in line with the FactSet consensus of $0.44. Our forecast represents a decline from $0.46 and $0.62 in the year ago and sequential periods, respectively. The large sequential decline was due to the impact of lower volume on gross margins and overhead cost absorption." (4/18/2018)

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, VP of Corp. Affairs & 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 coverage about SYNT stock has been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Syntel earned a news sentiment score of 0.14 on Accern's scale. They also gave press coverage about the information technology services provider an impact score of 46.09 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Who are Syntel's major shareholders?

Syntel's stock is owned by many different of retail and institutional 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.

Which institutional investors are selling Syntel stock?

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.

Which institutional investors are buying Syntel stock?

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.

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 $32.01.

How big of a company is Syntel?

Syntel has a market capitalization of $2.63 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 (SYNT)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  221 (Vote Outperform)
Underperform Votes:  352 (Vote Underperform)
Total Votes:  573
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 6/24/2018 by MarketBeat.com Staff

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