Sykes Enterprises, Incorporated (NASDAQ:SYKE) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $26.42 and traded as high as $27.46. Sykes Enterprises shares last traded at $27.46, with a volume of 438 shares traded.

A number of analysts have recently issued reports on SYKE shares. SunTrust Banks reissued a “buy” rating on shares of Netflix in a research report on Friday, April 12th. BidaskClub raised shares of Zynerba Pharmaceuticals from a “hold” rating to a “buy” rating in a research report on Thursday, July 4th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $31.00.

The firm has a market capitalization of $1.18 billion, a PE ratio of 13.74, a P/E/G ratio of 1.26 and a beta of 0.85. The business’s 50-day moving average is $26.46. The company has a current ratio of 2.27, a quick ratio of 2.27 and a debt-to-equity ratio of 0.33.

Sykes Enterprises (NASDAQ:SYKE) last issued its quarterly earnings data on Monday, May 6th. The information technology services provider reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.02. The firm had revenue of $402.93 million for the quarter, compared to analyst estimates of $404.73 million. Sykes Enterprises had a net margin of 3.08% and a return on equity of 10.53%. The company’s revenue for the quarter was down 2.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.43 earnings per share. As a group, equities research analysts forecast that Sykes Enterprises, Incorporated will post 2.15 EPS for the current year.

Hedge funds have recently made changes to their positions in the business. PNC Financial Services Group Inc. grew its holdings in Sykes Enterprises by 401.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 19,058 shares of the information technology services provider’s stock valued at $472,000 after purchasing an additional 15,259 shares during the last quarter. Boston Partners grew its holdings in Sykes Enterprises by 2.5% during the first quarter. Boston Partners now owns 1,297,251 shares of the information technology services provider’s stock valued at $36,686,000 after purchasing an additional 32,161 shares during the last quarter. Victory Capital Management Inc. grew its holdings in Sykes Enterprises by 9.8% during the first quarter. Victory Capital Management Inc. now owns 1,906,423 shares of the information technology services provider’s stock valued at $53,914,000 after purchasing an additional 170,805 shares during the last quarter. Hsbc Holdings PLC grew its holdings in Sykes Enterprises by 32.5% during the fourth quarter. Hsbc Holdings PLC now owns 15,040 shares of the information technology services provider’s stock valued at $372,000 after purchasing an additional 3,686 shares during the last quarter. Finally, Kennedy Capital Management Inc. grew its holdings in Sykes Enterprises by 4.2% during the first quarter. Kennedy Capital Management Inc. now owns 186,918 shares of the information technology services provider’s stock valued at $5,286,000 after purchasing an additional 7,585 shares during the last quarter. Institutional investors own 88.63% of the company’s stock.

Sykes Enterprises Company Profile (NASDAQ:SYKE)

Sykes Enterprises, Incorporated, together with its subsidiaries, provides multichannel demand generation and global customer engagement services. Its customer care services include handling billing inquiries and claims, activating customer accounts, resolving complaints, cross-selling/up-selling, and prequalifying and warranty management, as well as providing health information and dispatching roadside assistance.

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