TeleTech (NASDAQ:TTEC - Get Free Report) was upgraded by equities research analysts at Zacks Research from a "hold" rating to a "strong-buy" rating in a research note issued to investors on Monday,Zacks.com reports.
A number of other research analysts have also issued reports on TTEC. William Blair lowered shares of TeleTech from an "outperform" rating to a "market perform" rating in a research note on Monday, November 10th. Wall Street Zen upgraded shares of TeleTech from a "hold" rating to a "buy" rating in a research report on Saturday. Finally, Weiss Ratings restated a "sell (e+)" rating on shares of TeleTech in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold".
Get Our Latest Stock Analysis on TTEC
TeleTech Stock Up 18.1%
Shares of NASDAQ:TTEC opened at $2.94 on Monday. TeleTech has a 1-year low of $1.98 and a 1-year high of $5.60. The stock has a market cap of $142.80 million, a P/E ratio of -0.74, a P/E/G ratio of 0.23 and a beta of 1.08. The firm has a fifty day moving average price of $2.93 and a 200 day moving average price of $3.28. The company has a debt-to-equity ratio of 8.02, a current ratio of 1.89 and a quick ratio of 1.89.
TeleTech (NASDAQ:TTEC - Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The business services provider reported $0.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.39 by $0.08. TeleTech had a positive return on equity of 16.24% and a negative net margin of 9.01%.The firm had revenue of $569.96 million for the quarter, compared to analyst estimates of $514.53 million. TeleTech has set its FY 2026 guidance at 1.060-1.320 EPS. Sell-side analysts predict that TeleTech will post 0.33 EPS for the current year.
Institutional Trading of TeleTech
Several institutional investors and hedge funds have recently modified their holdings of TTEC. Segall Bryant & Hamill LLC acquired a new position in shares of TeleTech during the 2nd quarter worth approximately $1,491,000. Campbell & CO Investment Adviser LLC acquired a new stake in TeleTech during the second quarter worth approximately $262,000. GSA Capital Partners LLP grew its stake in TeleTech by 800.7% in the 3rd quarter. GSA Capital Partners LLP now owns 358,377 shares of the business services provider's stock worth $1,204,000 after acquiring an additional 318,589 shares during the period. Olympiad Research LP purchased a new stake in TeleTech in the 2nd quarter worth approximately $224,000. Finally, Robertson Stephens Wealth Management LLC raised its holdings in TeleTech by 100.1% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 101,795 shares of the business services provider's stock valued at $366,000 after acquiring an additional 50,920 shares during the last quarter. Hedge funds and other institutional investors own 38.03% of the company's stock.
TeleTech Company Profile
(
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TTEC Holdings, Inc NASDAQ: TTEC is a global customer experience technology and services company that designs, builds and delivers transformative solutions for customer acquisition and engagement. Leveraging a combination of digital consulting, technology, analytics and operations services, TTEC helps clients across industries enhance their customer journeys, automate key processes and harness data-driven insights to foster loyalty and drive revenue growth.
The company's core offerings span end-to-end customer engagement solutions, including customer experience (CX) strategy consulting, cloud migration, omni-channel contact center operations and managed services.
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