Startek Inc (NYSE:SRT) Institutional Investor Sentiment Trend

September 15, 2018 - By Lisa Delgado

StarTek, Inc. (NYSE:SRT) Logo

Sentiment for Startek Inc (NYSE:SRT)

Startek Inc (NYSE:SRT) institutional sentiment increased to 0.89 in Q2 2018. Its up 0.23, from 0.66 in 2018Q1. The ratio is more positive, as 24 active investment managers increased or opened new positions, while 27 cut down and sold stakes in Startek Inc. The active investment managers in our partner’s database now own: 4.73 million shares, down from 5.50 million shares in 2018Q1. Also, the number of active investment managers holding Startek Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 13 Reduced: 14 Increased: 9 New Position: 15.

StarTek, Inc. provides business process outsourcing services in the United States, Canada, Honduras, Jamaica, and the Philippines. The company has market cap of $211.60 million. It operates in three divisions: Domestic, Nearshore, and Offshore. It currently has negative earnings. The companyÂ’s service offerings include customer care, sales support, inbound sales, complex order processing, accounts receivable management, technical and product support, up-sell and cross-sell opportunities, customer intelligence analytics, and other industry-specific processes.

The stock increased 4.76% or $0.26 during the last trading session, reaching $5.72. About 124,156 shares traded or 33.00% up from the average. StarTek, Inc. (NYSE:SRT) has declined 49.68% since September 15, 2017 and is downtrending. It has underperformed by 65.30% the S&P500.

Analysts await StarTek, Inc. (NYSE:SRT) to report earnings on November, 14. They expect $-0.09 EPS, down 28.57 % or $0.02 from last year’s $-0.07 per share. After $-0.14 actual EPS reported by StarTek, Inc. for the previous quarter, Wall Street now forecasts -35.71 % EPS growth.

Heartland Advisors Inc holds 0.24% of its portfolio in StarTek, Inc. for 569,564 shares. Ancora Advisors Llc owns 370,551 shares or 0.1% of their US portfolio. Moreover, Rbf Capital Llc has 0.04% invested in the company for 49,423 shares. The New York-based Boothbay Fund Management Llc has invested 0.01% in the stock. Element Capital Management Llc, a New York-based fund reported 55,460 shares.

StarTek, Inc. (NYSE:SRT) Institutional Positions Chart

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