News headlines about Sykes Enterprises (NASDAQ:SYKE) have trended positive this week, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sykes Enterprises earned a coverage optimism score of 0.30 on Accern’s scale. Accern also assigned news stories about the information technology services provider an impact score of 47.4582893295676 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Sykes Enterprises (NASDAQ SYKE) opened at $29.70 on Tuesday. The company has a quick ratio of 3.29, a current ratio of 3.29 and a debt-to-equity ratio of 0.33. Sykes Enterprises has a fifty-two week low of $25.77 and a fifty-two week high of $34.49. The stock has a market cap of $1,274.06, a P/E ratio of 18.45, a PEG ratio of 1.47 and a beta of 0.82.
Several research analysts have recently issued reports on SYKE shares. BidaskClub cut shares of Sykes Enterprises from a “buy” rating to a “hold” rating in a report on Saturday, December 2nd. ValuEngine upgraded shares of Sykes Enterprises from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Finally, Zacks Investment Research cut shares of Sykes Enterprises from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $32.00.
In other news, CEO Charles E. Sykes sold 40,000 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $31.17, for a total value of $1,246,800.00. Following the transaction, the chief executive officer now owns 285,189 shares in the company, valued at $8,889,341.13. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Charles E. Sykes sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $31.16, for a total transaction of $311,600.00. Following the completion of the transaction, the chief executive officer now owns 275,589 shares in the company, valued at approximately $8,587,353.24. The disclosure for this sale can be found here. 2.70% of the stock is currently owned by company insiders.
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Sykes Enterprises Company Profile
Sykes Enterprises, Incorporated is engaged in providing outsourced customer contact management solutions and services in the business process outsourcing (BPO) arena on a global basis. The Company has operations in two segments: the Americas, which includes the United States, Canada, Latin America, Australia and the Asia Pacific Rim, and EMEA, which includes Europe, the Middle East and Africa.
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