Sidoti Csr Predicts Reduced Earnings for Sify Technologies

Sify Technologies Limited (NASDAQ:SIFY) – Equities research analysts at Sidoti Csr reduced their FY2026 EPS estimates for shares of Sify Technologies in a research report issued on Tuesday, January 21st. Sidoti Csr analyst G. Burns now anticipates that the technology company will post earnings of $0.01 per share for the year, down from their prior estimate of $0.04. The consensus estimate for Sify Technologies’ current full-year earnings is $0.01 per share.

Separately, StockNews.com upgraded shares of Sify Technologies from a “sell” rating to a “hold” rating in a report on Monday, October 28th.

Sify Technologies Price Performance

Sify Technologies stock opened at $3.14 on Thursday. The company’s 50-day moving average price is $3.13 and its 200-day moving average price is $2.82. Sify Technologies has a twelve month low of $1.82 and a twelve month high of $10.14. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.95 and a current ratio of 1.08.

Sify Technologies (NASDAQ:SIFY) last announced its quarterly earnings results on Friday, January 17th. The technology company reported ($999.00) earnings per share (EPS) for the quarter. Sify Technologies had a negative net margin of 0.69% and a negative return on equity of 2.13%.

Institutional Trading of Sify Technologies

A hedge fund recently raised its stake in Sify Technologies stock. XTX Topco Ltd lifted its holdings in Sify Technologies Limited (NASDAQ:SIFY) by 226.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 55,358 shares of the technology company’s stock after buying an additional 38,413 shares during the period. XTX Topco Ltd’s holdings in Sify Technologies were worth $25,000 at the end of the most recent reporting period. 0.61% of the stock is currently owned by institutional investors and hedge funds.

Sify Technologies Company Profile

Sify Technologies Limited offers ICT solutions and services in India and internationally. It operates through Network Centric Services, Data Center Services, and Digital Services segments. The company offers internet, internet protocol, multi-protocol label switching, virtual private network, SDWAN, managed Wi-Fi, internet of things, wholesale and retail voice, dedicated internet access, and proactive monitoring and management of the network and devices.