Sykes Enterprises Inc (NASDAQ:SYKE): Negative Stock Sentiment

Sykes Enterprises, Incorporated (NASDAQ:SYKE) Logo

Sentiment for Sykes Enterprises Inc (NASDAQ:SYKE)

Sykes Enterprises Inc (NASDAQ:SYKE) institutional sentiment decreased to 1.23 in Q2 2018. Its down -0.01, from 1.24 in 2018Q1. The ratio worsened, as 80 hedge funds opened new and increased holdings, while 65 sold and decreased positions in Sykes Enterprises Inc. The hedge funds in our partner’s database now own: 37.06 million shares, up from 36.58 million shares in 2018Q1. Also, the number of hedge funds holding Sykes Enterprises Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 9 Reduced: 56 Increased: 61 New Position: 19.

Sykes Enterprises, Incorporated, together with its subsidiaries, provides business process outsourcing solutions. The company has market cap of $1.09 billion. The Company’s customer care services include product information requests, describing product features, activating customer accounts, resolving complaints, cross-selling/up-selling, handling billing inquiries, changing addresses, claims handling, ordering/reservations, prequalification and warranty management, providing health information, and roadside assistance. It has a 73.26 P/E ratio. The companyÂ’s technical support services comprise handling inquiries regarding hardware, software, communications services, communications equipment, Internet access technology, and Internet portal usage; and customer acquisition services focuses around digital marketing, demand generation, and in-bound sales conversion, as well as inbound and outbound up-selling its clientsÂ’ services and products.

The stock decreased 1.60% or $0.42 during the last trading session, reaching $25.86. About 15,676 shares traded. Sykes Enterprises, Incorporated (NASDAQ:SYKE) has risen 12.74% since December 6, 2017 and is uptrending. It has underperformed by 2.88% the S&P500.

Analysts await Sykes Enterprises, Incorporated (NASDAQ:SYKE) to report earnings on February, 25. They expect $0.67 earnings per share, up 42.55 % or $0.20 from last year’s $0.47 per share. SYKE’s profit will be $28.27M for 9.65 P/E if the $0.67 EPS becomes a reality. After $0.59 actual earnings per share reported by Sykes Enterprises, Incorporated for the previous quarter, Wall Street now forecasts 13.56 % EPS growth.

New Amsterdam Partners Llc Ny holds 1.31% of its portfolio in Sykes Enterprises, Incorporated for 192,813 shares. Tributary Capital Management Llc owns 592,311 shares or 1.06% of their US portfolio. Moreover, Smith Graham & Co. Investment Advisors Lp has 0.77% invested in the company for 282,155 shares. The California-based Fuller & Thaler Asset Management Inc. has invested 0.68% in the stock. Zebra Capital Management Llc, a Connecticut-based fund reported 32,210 shares.

Since January 1, 0001, it had 0 buys, and 2 selling transactions for $317,684 activity.

More notable recent Sykes Enterprises, Incorporated (NASDAQ:SYKE) news were published by: Zacks.com which released: “SYKE vs. PAYX: Which Stock Is the Better Value Option? – Zacks.com” on July 06, 2018, also Bizjournals.com with their article: “Tampa Bay’s hottest stock market performers for the first half of 2017 – Tampa Bay Business Journal” published on July 03, 2017, Globenewswire.com published: “Clearlink and Portent Join Forces to Challenge Big Agencies With One of Their Own – GlobeNewswire” on September 08, 2017. More interesting news about Sykes Enterprises, Incorporated (NASDAQ:SYKE) were released by: Bizjournals.com and their article: “Sykes CEO got a pay hike in 2017 – Tampa Bay Business Journal” published on April 23, 2018 as well as Globenewswire.com‘s news article titled: “Sykes Enterprises, Incorporated to Participate in the Baird 2018 Global Consumer, Technology and Services Conference – GlobeNewswire” with publication date: June 01, 2018.

Sykes Enterprises, Incorporated (NASDAQ:SYKE) Institutional Positions Chart

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