Sykes Enterprises, Incorporated (NASDAQ:SYKE)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as $25.61 and last traded at $26.02, with a volume of 3841 shares changing hands. The stock had previously closed at $26.28.

SYKE has been the subject of a number of research analyst reports. BidaskClub cut Sykes Enterprises from a “buy” rating to a “hold” rating in a report on Monday, September 24th. ValuEngine upgraded Sykes Enterprises from a “sell” rating to a “hold” rating in a report on Monday, November 12th. Barrington Research restated a “hold” rating on shares of Sykes Enterprises in a report on Tuesday, October 30th. Finally, TheStreet cut Sykes Enterprises from a “b-” rating to a “c+” rating in a report on Tuesday, August 21st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $33.00.

The firm has a market cap of $1.12 billion, a P/E ratio of 12.86, a PEG ratio of 1.25 and a beta of 0.55. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.74 and a quick ratio of 2.74.

Sykes Enterprises (NASDAQ:SYKE) last announced its earnings results on Monday, November 5th. The information technology services provider reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.03. Sykes Enterprises had a return on equity of 10.08% and a net margin of 0.91%. The company had revenue of $399.30 million during the quarter, compared to analysts’ expectations of $404.79 million. During the same period last year, the business posted $0.62 EPS. Sykes Enterprises’s revenue for the quarter was down 2.0% on a year-over-year basis. On average, analysts forecast that Sykes Enterprises, Incorporated will post 2.11 EPS for the current year.

In other Sykes Enterprises news, VP James T. Holder sold 2,500 shares of the stock in a transaction dated Friday, November 30th. The stock was sold at an average price of $27.31, for a total value of $68,275.00. Following the sale, the vice president now owns 17,206 shares of the company’s stock, valued at approximately $469,895.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 2.90% of the stock is owned by company insiders.

Hedge funds have recently bought and sold shares of the business. Robeco Institutional Asset Management B.V. acquired a new stake in Sykes Enterprises in the 2nd quarter valued at about $124,000. Itau Unibanco Holding S.A. acquired a new stake in Sykes Enterprises in the 2nd quarter valued at about $142,000. Pillar Pacific Capital Management LLC acquired a new stake in Sykes Enterprises in the 3rd quarter valued at about $203,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in Sykes Enterprises in the 2nd quarter valued at about $242,000. Finally, Laurion Capital Management LP acquired a new stake in Sykes Enterprises in the 2nd quarter valued at about $266,000. 88.01% of the stock is currently owned by institutional investors.

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About Sykes Enterprises (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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