Should I buy or sell Startek stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Startek in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SRT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SRT, but not buy additional shares or sell existing shares. View SRT analyst ratings or view top-rated stocks .

What is Startek's stock price target for 2024?

2 equities research analysts have issued 12-month price objectives for Startek's shares. Their SRT share price targets range from $4.00 to $5.50. On average, they predict the company's stock price to reach $4.75 in the next twelve months. This suggests a possible upside of 9.2% from the stock's current price. View analysts price targets for SRT or view top-rated stocks among Wall Street analysts .

How have SRT shares performed in 2023?

Startek's stock was trading at $3.75 on January 1st, 2023. Since then, SRT shares have increased by 16.0% and is now trading at $4.35. View the best growth stocks for 2023 here .

Are investors shorting Startek?

Startek saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 115,900 shares, a drop of 34.2% from the October 31st total of 176,200 shares. Based on an average daily trading volume, of 211,700 shares, the short-interest ratio is presently 0.5 days. Currently, 0.4% of the shares of the company are short sold. View Startek's Short Interest .

When is Startek's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 28th 2023. View our SRT earnings forecast .

How were Startek's earnings last quarter?

Startek, Inc. (NYSE:SRT) posted its quarterly earnings data on Tuesday, November, 2nd. The business services provider reported $0.07 EPS for the quarter, topping the consensus estimate of $0.04 by $0.03. The business services provider earned $172.79 million during the quarter, compared to the consensus estimate of $162.31 million. Startek had a negative trailing twelve-month return on equity of 4.18% and a negative net margin of 5.81%. During the same period last year, the firm posted $0.01 earnings per share.

What other stocks do shareholders of Startek own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Startek investors own include Amicus Therapeutics (FOLD) , KeyCorp (KEY) , SentinelOne (S) , Vishay Intertechnology (VSH) , Huntington Bancshares (HBAN) , Kindred Biosciences (KIN) , Mitek Systems (MITK) , People's United Financial (PBCT) , Pfizer (PFE) and

Who are Startek's major shareholders?

Startek's stock is owned by many different retail and institutional investors. Top institutional shareholders include Congress Wealth Management LLC DE (0.07%), Barclays PLC (0.04%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Albert Aboody , Anupam Pahuja, Aparup Sengupta and Sudip Banerjee. View institutional ownership trends .

How do I buy shares of Startek?

Shares of SRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Startek Stock Price, News & Analysis (NYSE:SRT)

$4.35

0.00 (0.00%)

(As of 11/28/2023 ET)

Compare

Today's Range: $4.34
▼
$4.36
50-Day Range: $3.14
▼
$4.39
52-Week Range: $2.64
▼
$4.53

Volume: 173,281 shs
Average Volume: 82,543 shs
Market Capitalization: $175.52 million

P/E Ratio: 62.15
Dividend Yield: N/A
Price Target: $4.75

Startek MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 9.2% Upside
$4.75 Price Target
Short Interest: Healthy
0.39% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.69
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 40.00%
From $0.35 to $0.49 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.09 out of 5 stars

Business Services Sector

159th out of 309 stocks

Help Supply Services Industry

13th out of 17 stocks

1.0

Analyst's Opinion

Consensus Rating
Startek has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $4.75, Startek has a forecasted upside of 9.2% from its current price of $4.35.
Amount of Analyst Coverage
Startek has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.39% of the float of Startek has been sold short.
Short Interest Ratio / Days to Cover
Startek has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Startek has recently decreased by 34.22%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Startek does not currently pay a dividend.
Dividend Growth
Startek does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SRT.

2.1

News and Social Media Coverage

News Sentiment
Startek has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Startek this week, compared to 1 article on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Startek insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.10% of the stock of Startek is held by insiders.
Percentage Held by Institutions
Only 12.95% of the stock of Startek is held by institutions.

4.4

Earnings and Valuation

Earnings Growth
Earnings for Startek are expected to grow by 40.00% in the coming year, from $0.35 to $0.49 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Startek is 62.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.44.
Price to Earnings Ratio vs. Sector
The P/E ratio of Startek is 62.15, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 34.11.
Price to Earnings Growth Ratio
Startek has a PEG Ratio of 0.84. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Startek has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Startek Stock (NYSE:SRT)

StarTek, Inc., a business process outsourcing company, provides customer experience, digital transformation, and technology services in various markets. The company primarily offers customer engagement, omnichannel engagement, social media, customer intelligence analytics, work from home, and back-office services under the Startek and Aegis brands. It also offers Startek cloud, a hybrid omni-cloud platform integrated with artificial intelligence capabilities, which enables agents to work in remote and home-based roles for increased business agility and continuity. The company serves telecom, e-commerce and consumer, financial and business services, cable and media, travel and hospitality, technology, education and healthcare, energy, and other industries in the Americas, India, Sri Lanka, Malaysia, South Africa, Australia, and internationally. StarTek, Inc. was founded in 1987 and is headquartered in Denver, Colorado.

SRT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SRT Stock News Headlines

November 25, 2023 | americanbankingnews.com

Startek (NYSE:SRT) Receives New Coverage from Analysts at StockNews.com

November 24, 2023 | americanbankingnews.com

Startek (NYSE:SRT) Stock Passes Above 200-Day Moving Average of $3.35

November 28, 2023 | RYSE INC. (Ad)

Secure your stake in the Smart Home industry.

Last chance to invest in RYSE – the shade automation technology launching in over 100 Best Buy stores this month.

November 22, 2023 | finance.yahoo.com

Startek Named 2023 Winner in the BIG Award for Business

November 21, 2023 | benzinga.com

SRT ALERT: Levi & Korsinsky, LLP Announces an Investigation into Startek, Inc.

November 20, 2023 | markets.businessinsider.com

CONTINUED INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates Capital Square Partners Buyout of StarTek, Inc. - SRT

November 18, 2023 | americanbankingnews.com

StockNews.com Initiates Coverage on Startek (NYSE:SRT)

November 13, 2023 | benzinga.com

Shareholder Alert: Ademi LLP investigates whether Startek, Inc. has obtained a Fair Price in its transaction with Capital Square Partners

November 28, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com

November 10, 2023 | finanznachrichten.de

Startek Inc.: Startek Reports Third Quarter 2023 Financial Results

November 9, 2023 | finance.yahoo.com

Startek Reports Third Quarter 2023 Financial Results

November 9, 2023 | benzinga.com

INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates Capital Square Partners Buyout of StarTek, Inc. – SRT

October 27, 2023 | markets.businessinsider.com

INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Startek, Inc. and Encourages Investors with Losses to Contact the Firm

October 26, 2023 | seekingalpha.com

Startek, Inc.: Unsophisticated Strategies

October 19, 2023 | benzinga.com

Moore Kuehn Encourages SP, ORTX, MRTX, and SRT Investors to Contact Law Firm

October 19, 2023 | benzinga.com

SHAREHOLDER NEWS: Johnson Fistel Investigates Proposed Sale of Startek to Capital Square Partners

October 17, 2023 | finance.yahoo.com

Startek Secures Impressive Position in Everest Group's Customer Experience Management (CXM) Services PEAK Matrix® Assessment 2023 - APAC Region

October 13, 2023 | barrons.com

Startek Stock - Long-Term Investors of Startek Encouraged to Contact Kehoe Law Firm, P.C. - SRT

October 11, 2023 | msn.com

Barrington Research Downgrades Startek (SRT)

October 10, 2023 | benzinga.com

Why StarTek Stock Surged Today

October 10, 2023 | marketwatch.com

Startek Shares Leap on Deal to be Taken Private

October 10, 2023 | markets.businessinsider.com

Startek To Be Acquired By Funds Managed By Capital Square Partners; To Become Private Company

October 10, 2023 | barrons.com

SHAREHOLDER ALERT: Weiss Law Investigates Startek, Inc.

October 10, 2023 | msn.com

CSP to take Startek private via buyout for $4.30 per share

October 10, 2023 | tmcnet.com

Startek Announces Agreement to be Acquired by Funds Managed by CSP Management Limited for $4.30 Per Share in Cash

October 3, 2023 | finance.yahoo.com

Startek Shines at the Stevie Awards, Receiving Multiple Honors for Exceptional Employment Practices

September 27, 2023 | finance.yahoo.com

Startek Named India's Best Workplaces for Women 2023 (Large): Top 10 by Great Place To Work

See More Headlines

Receive SRT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Startek and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 11/02/2021
Today: 11/28/2023
Next Earnings (Estimated): 11/28/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Help supply services
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NYSE:SRT
CUSIP: N/A
CIK: 1031029
Web: www.startek.com
Phone: (303) 262-4500
Fax: 302-655-5049
Employees: 33,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $4.75
High Stock Price Target: $5.50
Low Stock Price Target: $4.00
Potential Upside/Downside: +8.9%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.07
Trailing P/E Ratio: 62.29
Forward P/E Ratio: 12.46
P/E Growth: 0.84
Net Income: $-2,260,000.00
Net Margins: -5.81%
Pretax Margin: -6.89%
Return on Equity: -4.18%
Return on Assets: -1.83%

Debt

Debt-to-Equity Ratio: 0.32
Current Ratio: 1.24
Quick Ratio: 1.24

Sales & Book Value

Annual Sales: $385.07 million
Price / Sales: 0.46
Cash Flow: $1.49 per share
Price / Cash Flow: 2.92
Book Value: $6.25 per share
Price / Book: 0.70

Miscellaneous

Outstanding Shares: 40,350,000
Free Float: 38,692,000
Market Cap: $175.93 million
Optionable: Optionable
Beta: 1.31

13 Stocks Institutional Investors Won't Stop Buying

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Key Executives

Mr. Bharat Rao (Age 57)
Global CEO & Director
Comp: $648.44k
Mr. Surender Mohan Gupta (Age 57)
Chief People Officer
Comp: $533.34k
Mr. Neeraj Jain (Age 46)
Chief Financial Officer
Mr. Gurpal Singh
Chief Operating Officer
Mr. P. Srinivasa Reddy
Chief Technology Officer
Murali Ramachandran
Chief Information Officer
Ms. Rebecca Gautrey
Chief Marketing Officer
Mr. Abhinandan Jain
Chief Growth Officer
Ankul Agarwal
Chief of Staff

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SRT Stock Analysis - Frequently Asked Questions

Should I buy or sell Startek stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Startek in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SRT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SRT, but not buy additional shares or sell existing shares.
View SRT analyst ratings or view top-rated stocks.
What is Startek's stock price target for 2024?: 2 equities research analysts have issued 12-month price objectives for Startek's shares. Their SRT share price targets range from $4.00 to $5.50. On average, they predict the company's stock price to reach $4.75 in the next twelve months. This suggests a possible upside of 9.2% from the stock's current price.
View analysts price targets for SRT or view top-rated stocks among Wall Street analysts.
How have SRT shares performed in 2023?: Startek's stock was trading at $3.75 on January 1st, 2023. Since then, SRT shares have increased by 16.0% and is now trading at $4.35.
View the best growth stocks for 2023 here.
Are investors shorting Startek?: Startek saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 115,900 shares, a drop of 34.2% from the October 31st total of 176,200 shares. Based on an average daily trading volume, of 211,700 shares, the short-interest ratio is presently 0.5 days. Currently, 0.4% of the shares of the company are short sold.
View Startek's Short Interest.
When is Startek's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 28th 2023.
View our SRT earnings forecast.

How were Startek's earnings last quarter?: Startek, Inc. (NYSE:SRT) posted its quarterly earnings data on Tuesday, November, 2nd. The business services provider reported $0.07 EPS for the quarter, topping the consensus estimate of $0.04 by $0.03. The business services provider earned $172.79 million during the quarter, compared to the consensus estimate of $162.31 million. Startek had a negative trailing twelve-month return on equity of 4.18% and a negative net margin of 5.81%. During the same period last year, the firm posted $0.01 earnings per share.
What other stocks do shareholders of Startek own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Startek investors own include Amicus Therapeutics (FOLD), KeyCorp (KEY), SentinelOne (S), Vishay Intertechnology (VSH), Huntington Bancshares (HBAN), Kindred Biosciences (KIN), Mitek Systems (MITK), People's United Financial (PBCT), Pfizer (PFE) and
Who are Startek's major shareholders?: Startek's stock is owned by many different retail and institutional investors. Top institutional shareholders include Congress Wealth Management LLC DE (0.07%), Barclays PLC (0.04%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Albert Aboody, Anupam Pahuja, Aparup Sengupta and Sudip Banerjee.
View institutional ownership trends.
How do I buy shares of Startek?: Shares of SRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:SRT) was last updated on 11/28/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial