Sykes Enterprises Inc. Receives a Hold from Wells Fargo

By George MacDonald

Wells Fargo analyst William Warmington reiterated a Hold rating on Sykes Enterprises Inc. (NASDAQ: SYKE) on September 2. The company’s shares closed last Friday at $29.60.

According to TipRanks.com, Warmington is a 3-star analyst with an average return of 13.1% and a 75.0% success rate. Warmington covers the Technology sector, focusing on stocks such as Black Knight Financial Services, Fair Isaac Corp, and Solera Holdings.

Sykes Enterprises Inc. has an analyst consensus of Hold.

Sykes Enterprises Inc.`s market cap is currently $1.27B and has a P/E ratio of 19.60. The company has a book value ratio of 1.7924.

Based on the recent corporate insider activity of 86 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Charles Sykes, a the CEO & President of SYKE sold 50,000 shares for a total of $1,459,249.

Sykes Enterprises, Inc. engages in the provision of outsourced customer contact management solutions and services. Its services include customer assistance, healthcare and roadside assistance, enterprise support services, technical support and product corporate help desk services. The company was founded by John H. Sykes in 1977 and is headquartered in Tampa, FL.