Barrington Research Lowers Earnings Estimates for TeleTech

Key Points

• Barrington Research has lowered its FY2025 earnings estimates for TeleTech, projecting earnings per share to be $0.79, down from a prior estimate of $0.80.
• Despite the downgrade, several other firms, including Zacks Research and Wall Street Zen, have recently upgraded their ratings on TeleTech's stock to "hold" or "buy."
• TeleTech currently has a consensus rating of "Hold" with an average target price of $3.50, while its share price opened at $3.68.

TeleTech Holdings, Inc. (NASDAQ:TTEC - Free Report) - Analysts at Barrington Research reduced their FY2025 earnings estimates for shares of TeleTech in a research report issued to clients and investors on Monday, August 18th. Barrington Research analyst V. Colicchio now expects that the business services provider will post earnings per share of $0.79 for the year, down from their prior estimate of $0.80. Barrington Research has a "Market Perform" rating on the stock. The consensus estimate for TeleTech's current full-year earnings is $0.33 per share. Barrington Research also issued estimates for TeleTech's Q4 2025 earnings at $0.28 EPS.

A number of other research firms have also recently commented on TTEC. Zacks Research upgraded shares of TeleTech to a "hold" rating in a research note on Friday, August 8th. Wall Street Zen upgraded shares of TeleTech from a "hold" rating to a "buy" rating in a research note on Saturday, August 9th. Four analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $3.50.

TeleTech Price Performance

NASDAQ TTEC opened at $3.68 on Thursday. TeleTech has a 12 month low of $2.67 and a 12 month high of $6.28. The stock has a market cap of $178.33 million, a price-to-earnings ratio of -6.81, a PEG ratio of 0.40 and a beta of 1.26. The company's 50 day moving average is $4.62 and its two-hundred day moving average is $4.24. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 2.99.

Institutional Investors Weigh In On TeleTech

Institutional investors and hedge funds have recently modified their holdings of the stock. Skandinaviska Enskilda Banken AB publ bought a new stake in shares of TeleTech during the second quarter valued at approximately $39,000. Harvest Management LLC bought a new stake in TeleTech in the second quarter worth $48,000. JPMorgan Chase & Co. increased its position in TeleTech by 77.0% in the fourth quarter. JPMorgan Chase & Co. now owns 16,892 shares of the business services provider's stock worth $84,000 after purchasing an additional 7,347 shares during the last quarter. Shay Capital LLC bought a new stake in TeleTech in the fourth quarter worth $86,000. Finally, Jump Financial LLC bought a new stake in TeleTech in the fourth quarter worth $110,000. Institutional investors own 38.03% of the company's stock.

About TeleTech

TTEC Holdings, Inc operates as a customer experience (CX) company that designs, builds, and operates technology-enabled customer experiences across digital and live interaction channels. It operates through two segments, TTEC Digital and TTEC Engage. The TTEC Digital segment provides CX technologies for contact center as a service, customer relationship management, and artificial intelligence (AI) and analytics; creates and implements strategic CX transformation roadmaps; sells, operates, and provides managed services for cloud platforms and premise based CX technologies; creates proprietary IP to support industry specific and custom client needs; and offers CX consulting services.

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