Merrill Lynch Downgrades Sempra Energy (SRE); Startek Has 1.41 Sentiment

StarTek, Inc. provides business process outsourcing services in the United States, Canada, Honduras, Jamaica, and the Philippines. The company has market cap of $157.88 million. It operates in three divisions: Domestic, Nearshore, and Offshore. It has a 73.53 P/E ratio. 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.

Among 9 analysts covering Sempra Energy (NYSE:SRE), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Sempra Energy has $134 highest and $108 lowest target. $118.89’s average target is 11.21% above currents $106.91 stock price. Sempra Energy had 17 analyst reports since September 15, 2015 according to SRatingsIntel. Barclays Capital downgraded the shares of SRE in report on Thursday, June 8 to “Equal-Weight” rating. The firm has “Hold” rating by Bank of America given on Friday, December 22. The stock of Sempra Energy (NYSE:SRE) earned “Neutral” rating by JP Morgan on Wednesday, November 1. RBC Capital Markets maintained it with “Buy” rating and $11700 target in Sunday, July 23 report. As per Friday, August 4, the company rating was maintained by BMO Capital Markets. RBC Capital Markets maintained Sempra Energy (NYSE:SRE) rating on Monday, January 25. RBC Capital Markets has “Outperform” rating and $116 target. The company was maintained on Thursday, May 11 by BMO Capital Markets. Wells Fargo maintained the shares of SRE in report on Tuesday, October 10 with “Outperform” rating. RBC Capital Markets maintained Sempra Energy (NYSE:SRE) on Sunday, November 5 with “Buy” rating. The firm has “Buy” rating given on Sunday, August 27 by RBC Capital Markets.

Analysts await StarTek, Inc. (NYSE:SRT) to report earnings on February, 20. They expect $-0.01 earnings per share, down 114.29% or $0.08 from last year’s $0.07 per share. After $-0.07 actual earnings per share reported by StarTek, Inc. for the previous quarter, Wall Street now forecasts -85.71% EPS growth.

Heartland Advisors Inc holds 0.83% of its portfolio in StarTek, Inc. for 1.09 million shares. Eam Investors Llc owns 183,761 shares or 0.29% of their US portfolio. Moreover, Ancora Advisors Llc has 0.13% invested in the company for 185,364 shares. The California-based Rbf Capital Llc has invested 0.07% in the stock. Bridgeway Capital Management Inc, a Texas-based fund reported 156,000 shares.

The stock decreased 1.11% or $0.11 during the last trading session, reaching $9.78. About 60,228 shares traded. StarTek, Inc. (SRT) has risen 150.65% since December 22, 2016 and is uptrending. It has outperformed by 133.95% the S&P500.

Sempra Energy, together with its subsidiaries, engages in energy business worldwide. The company has market cap of $26.86 billion. The companyÂ’s San Diego Gas & Electric Company segment transmits and distributes electricity and/or natural gas. It has a 23.68 P/E ratio. As of December 31, 2016, this segment had approximately 1.4 million electric meters and 878,000 natural gas meters.

The stock decreased 4.48% or $5.02 during the last trading session, reaching $106.91. About 4.55 million shares traded or 226.11% up from the average. Sempra Energy (NYSE:SRE) has risen 8.27% since December 22, 2016 and is uptrending. It has underperformed by 8.43% the S&P500.

Analysts await Sempra Energy (NYSE:SRE) to report earnings on February, 27. They expect $1.39 earnings per share, down 8.55% or $0.13 from last year’s $1.52 per share. SRE’s profit will be $349.27 million for 19.23 P/E if the $1.39 EPS becomes a reality. After $1.04 actual earnings per share reported by Sempra Energy for the previous quarter, Wall Street now forecasts 33.65% EPS growth.

Investors sentiment increased to 1.19 in Q3 2017. Its up 0.18, from 1.01 in 2017Q2. It is positive, as 28 investors sold Sempra Energy shares while 168 reduced holdings. 62 funds opened positions while 172 raised stakes. 197.93 million shares or 1.07% less from 200.08 million shares in 2017Q2 were reported. Tradewinds Capital Mgmt Lc has 1,055 shares. Cibc Asset Mgmt Incorporated reported 22,800 shares. Jefferies Grp Inc Limited Liability Company, a New York-based fund reported 12,665 shares. 18,550 were accumulated by Colonial Advsrs. Lpl Fincl holds 0.01% of its portfolio in Sempra Energy (NYSE:SRE) for 15,936 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.06% in Sempra Energy (NYSE:SRE). 4,637 are held by Vident Inv Advisory Limited Com. 1832 Asset Management Lp owns 1,456 shares or 0% of their US portfolio. Timber Hill owns 4,191 shares. Tph Asset Mgmt Ltd Llc accumulated 20,606 shares. Nordea Invest Mgmt Ab holds 0% or 10,773 shares in its portfolio. Baystate Wealth Mngmt Ltd Limited Liability Company holds 20 shares or 0% of its portfolio. Salem Inv Counselors has 0.06% invested in Sempra Energy (NYSE:SRE) for 4,505 shares. Co National Bank reported 41,958 shares. Nationwide Fund Advisors holds 167,034 shares.