In a report released today, Vincent Colicchio from Barrington maintained a Hold rating on Sykes Enterprises (SYKE). The company’s shares closed last Tuesday at $26.39.
According to TipRanks.com, Colicchio is ranked 0 out of 5 stars with an average return of -7.6% and a 38.1% success rate. Colicchio covers the Technology sector, focusing on stocks such as Exlservice Holdings, HealthStream, and Virtusa.
Currently, the analyst consensus on Sykes Enterprises is a Moderate Buy with an average price target of $34.50, representing a 24.5% upside. In a report released yesterday, Robert W. Baird also maintained a Hold rating on the stock with a $34.00 price target.
See today’s analyst top recommended stocks >>
Sykes Enterprises’ market cap is currently $1.12B and has a P/E ratio of 18.20. The company has a Price to Book ratio of 2.85.
Based on the recent corporate insider activity of 71 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SYKE in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Sykes Enterprises, Inc. engages in the provision of multichannel demand generation and global customer engagement services. It operates through the following segments: Americas, Europe, the Middle East and Africa (EMEA), and Other. The Americas segment includes the United States, Canada, Latin America, Australia, and the Asia Pacific Rim; and offers outsourced customer engagement solutions and technical staffing. The EMEA segment covers outsourced customer engagement solutions and fulfillment services. The Other segment represents other items such as corporate and other costs, other income and expense, and income taxes. The company was founded by John H. Sykes in 1977 and is headquartered in Tampa, FL.
