Sidoti Csr Lowers Earnings Estimates for Sify Technologies

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

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

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

Sify Technologies Trading Down 3.4 %

SIFY opened at $3.14 on Thursday. 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 has a fifty-two week low of $1.82 and a fifty-two week high of $10.14. The firm’s fifty day moving average is $3.13 and its 200 day moving average is $2.82.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Sify Technologies stock. XTX Topco Ltd lifted its position in shares of Sify Technologies Limited (NASDAQ:SIFY) by 226.7% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 55,358 shares of the technology company’s stock after buying an additional 38,413 shares during the quarter. XTX Topco Ltd’s holdings in Sify Technologies were worth $25,000 at the end of the most recent quarter. 0.61% of the stock is currently owned by institutional investors.

About Sify Technologies

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.