What is Sidoti’s Forecast for SIFY Q1 Earnings?

Sify Technologies Limited (NASDAQ:SIFY) – Equities research analysts at Sidoti issued their Q1 2028 EPS estimates for shares of Sify Technologies in a report issued on Thursday, July 16th. Sidoti analyst G. Burns forecasts that the technology company will post earnings of $0.01 per share for the quarter. The consensus estimate for Sify Technologies’ current full-year earnings is $0.02 per share.

SIFY has been the topic of a number of other research reports. Wall Street Zen upgraded Sify Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, July 4th. Weiss Ratings cut Sify Technologies from a “sell (d+)” rating to a “sell (d-)” rating in a report on Monday, June 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Sify Technologies Stock Up 2.4%

NASDAQ SIFY opened at $14.69 on Friday. Sify Technologies has a 52-week low of $4.84 and a 52-week high of $17.85. The company has a fifty day moving average of $15.84 and a 200-day moving average of $14.83. The company has a quick ratio of 0.65, a current ratio of 0.74 and a debt-to-equity ratio of 1.23.

Sify Technologies (NASDAQ:SIFY) last issued its quarterly earnings results on Thursday, July 16th. The technology company reported $0.01 EPS for the quarter, hitting analysts’ consensus estimates of $0.01. The firm had revenue of $130.13 million for the quarter, compared to analyst estimates of $188.23 million. Sify Technologies had a negative net margin of 1.97% and a negative return on equity of 7.24%.

Hedge Funds Weigh In On Sify Technologies

A number of large investors have recently added to or reduced their stakes in the business. Acadian Asset Management LLC grew its stake in shares of Sify Technologies by 75.4% during the first quarter. Acadian Asset Management LLC now owns 197,563 shares of the technology company’s stock valued at $838,000 after buying an additional 84,958 shares during the last quarter. XTX Topco Ltd bought a new stake in Sify Technologies during the 2nd quarter valued at $50,000. Lighthouse Investment Partners LLC bought a new stake in Sify Technologies in the 3rd quarter worth $273,000. Renaissance Technologies LLC boosted its holdings in shares of Sify Technologies by 22.2% during the fourth quarter. Renaissance Technologies LLC now owns 19,800 shares of the technology company’s stock worth $241,000 after purchasing an additional 3,600 shares during the period. Finally, Schonfeld Strategic Advisors LLC bought a new position in Sify Technologies during the 4th quarter valued at approximately $400,000. Hedge funds and other institutional investors own 0.61% of the company’s stock.

About Sify Technologies

Sify Technologies Limited is an India?based provider of integrated information and communications technology solutions, catering primarily to enterprise and government clients. The company’s core offerings include network services, data center hosting, cloud computing, managed security, unified communications, and digital transformation solutions. Sify’s end-to-end portfolio is designed to support critical IT infrastructure, enabling clients to scale operations, improve reliability, and accelerate technology adoption.

In the networking domain, Sify operates a nationwide IP?MPLS backbone with extensive fiber infrastructure and a global internet peering footprint.