StarTek (SRT) Set to Announce Earnings on Monday

StarTek (NYSE:SRT) is scheduled to be posting its quarterly earnings results after the market closes on Monday, February 19th. Analysts expect StarTek to post earnings of $0.01 per share for the quarter.

StarTek (NYSE:SRT) opened at $11.15 on Friday. The stock has a market capitalization of $177.57, a PE ratio of 79.64 and a beta of 0.05. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.41 and a current ratio of 2.41. StarTek has a 12 month low of $7.75 and a 12 month high of $14.78.

A number of equities analysts have issued reports on the company. Robert W. Baird reiterated a “hold” rating and set a $12.00 price target on shares of StarTek in a research note on Wednesday, January 24th. Lake Street Capital lifted their target price on shares of StarTek from $13.00 to $18.00 and gave the stock a “buy” rating in a research report on Wednesday, January 24th. Royal Bank of Canada dropped their target price on shares of StarTek from C$11.25 to C$11.00 and set a “sector perform” rating on the stock in a research report on Monday, November 6th. Finally, Zacks Investment Research raised shares of StarTek from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 10th.

A hedge fund recently bought a new stake in StarTek stock. California State Teachers Retirement System purchased a new position in StarTek, Inc. (NYSE:SRT) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 18,000 shares of the business services provider’s stock, valued at approximately $220,000. California State Teachers Retirement System owned 0.11% of StarTek at the end of the most recent quarter. Hedge funds and other institutional investors own 44.26% of the company’s stock.

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About StarTek

StarTek, Inc is a customer engagement business process outsourcing (BPO) services provider, delivering customer care solutions. The Company operates through three segments: Domestic, Nearshore and Offshore. As of December 31, 2016, its Domestic segment included the operations of 13 facilities in the United States and one facility in Canada; its Offshore segment included the operations of four facilities in the Philippines, and its Nearshore segment included the operations of two facilities in Honduras and one facility in Jamaica.

Earnings History for StarTek (NYSE:SRT)

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