Barrington Research Cuts 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) - Equities researchers at Barrington Research cut their FY2025 earnings per share estimates for shares of TeleTech in a research note issued to investors on Monday, August 18th. Barrington Research analyst V. Colicchio now expects that the business services provider will post earnings of $0.79 per share for the year, down from their previous 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.

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

TeleTech Stock Down 0.9%

NASDAQ TTEC traded down $0.04 during trading on Thursday, hitting $3.75. The stock had a trading volume of 103,639 shares, compared to its average volume of 469,519. The company has a market capitalization of $181.48 million, a PE ratio of -6.94, a P/E/G ratio of 0.40 and a beta of 1.26. The company's 50-day moving average price is $4.52 and its two-hundred day moving average price is $4.26. The company has a debt-to-equity ratio of 2.99, a quick ratio of 1.77 and a current ratio of 1.77. TeleTech has a 12 month low of $2.67 and a 12 month high of $6.28.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Federated Hermes Inc. increased its holdings in shares of TeleTech by 0.8% during the 2nd quarter. Federated Hermes Inc. now owns 2,058,176 shares of the business services provider's stock worth $9,900,000 after acquiring an additional 15,993 shares during the last quarter. Alyeska Investment Group L.P. increased its holdings in shares of TeleTech by 118.7% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,498,715 shares of the business services provider's stock worth $7,479,000 after acquiring an additional 813,479 shares during the last quarter. D. E. Shaw & Co. Inc. increased its holdings in shares of TeleTech by 1.7% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 1,100,894 shares of the business services provider's stock worth $5,493,000 after acquiring an additional 17,885 shares during the last quarter. Two Sigma Advisers LP increased its holdings in shares of TeleTech by 6.5% during the 4th quarter. Two Sigma Advisers LP now owns 905,500 shares of the business services provider's stock worth $4,518,000 after acquiring an additional 55,400 shares during the last quarter. Finally, Union Square Park Capital Management LLC acquired a new position in shares of TeleTech during the 4th quarter worth approximately $4,441,000. 38.03% of the stock is owned by institutional investors and hedge funds.

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.