Q1 2025 Earnings Estimate for Sify Technologies Limited (NASDAQ:SIFY) Issued By Sidoti Csr

Sify Technologies Limited (NASDAQ:SIFY) – Investment analysts at Sidoti Csr raised their Q1 2025 earnings per share estimates for shares of Sify Technologies in a research note issued to investors on Thursday, April 18th. Sidoti Csr analyst G. Burns now anticipates that the technology company will post earnings of $0.00 per share for the quarter, up from their previous estimate of ($0.01). The consensus estimate for Sify Technologies’ current full-year earnings is $0.01 per share. Sidoti Csr also issued estimates for Sify Technologies’ FY2025 earnings at $0.01 EPS.

Separately, TheStreet lowered Sify Technologies from a “c-” rating to a “d+” rating in a research note on Friday, February 2nd.

Sify Technologies Price Performance

NASDAQ:SIFY opened at $1.23 on Monday. Sify Technologies has a 12 month low of $1.07 and a 12 month high of $3.37. The stock has a 50 day moving average of $1.30 and a two-hundred day moving average of $1.50. The company has a current ratio of 1.10, a quick ratio of 0.99 and a debt-to-equity ratio of 0.84.

Institutional Investors Weigh In On Sify Technologies

A number of large investors have recently made changes to their positions in SIFY. Qube Research & Technologies Ltd acquired a new position in Sify Technologies in the third quarter valued at approximately $32,000. Virtu Financial LLC acquired a new position in Sify Technologies in the fourth quarter valued at approximately $50,000. Bank of America Corp DE lifted its holdings in Sify Technologies by 67.9% in the first quarter. Bank of America Corp DE now owns 24,995 shares of the technology company’s stock valued at $75,000 after acquiring an additional 10,108 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in Sify Technologies by 342.1% in the fourth quarter. Renaissance Technologies LLC now owns 84,000 shares of the technology company’s stock valued at $97,000 after acquiring an additional 65,000 shares during the last quarter. Finally, Rhumbline Advisers lifted its holdings in Sify Technologies by 386.1% in the third quarter. Rhumbline Advisers now owns 112,179 shares of the technology company’s stock valued at $205,000 after acquiring an additional 89,103 shares during the last quarter. 0.61% of the stock is currently owned by hedge funds and other institutional investors.

Sify Technologies Company Profile

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