NASDAQ:TTECTTEC Stock Price, Forecast & News

$42.36

-0.28 (-0.66 %)

(As of 06/1/2020 04:00 PM ET)

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Today's Range

$41.46

Now: $42.36▼

$42.62

50-Day Range

$34.25

MA: $37.72▼

$42.64

52-Week Range

$26.28

Now: $42.36▼

$50.45

Volume192,000 shs

Average Volume164,508 shs

Market Capitalization$1.97 billion

P/E Ratio24.92

Dividend Yield1.61%

Beta0.53

TTEC Holdings, Inc. designs and provides customer experience solutions in the United States, Latin America, Europe, the Middle East, Africa, the Asia Pacific, Canada, the United Kingdom, and internationally. It operates in four segments: Customer Management Services (CMS), Customer Growth Services (CGS), Customer Technology Services (CTS), and Customer Strategy Services (CSS). The CMS segment offers customer experience delivery solutions, which integrates technology with customer experience professionals to enhance the customer experience across various channels and stages of the customer lifecycle from an onshore, offshore, or work-from-home environments. The CGS segment provides technology-enabled sales and marketing solutions, including sales advisory, search engine optimization, digital demand generation, and lead qualification, as well as acquisition sales, growth, and retention services. The CTS segment offers system design consulting, customer experience technology product, and implementation and integration consulting services, as well as manages clients' cloud and on-premise solutions. The CSS segment provides professional services in customer experience strategy and operations, insights, system and operational process optimization, and culture development and knowledge management. TTEC Holdings, Inc. also offers strategic communications services, a system integrator for multichannel contact center platforms; digital fraud prevention and detection, and content moderation services; and customer services for healthcare plan providers and pharmacy benefits managers. It serves clients in the automotive, communication, financial services, government, healthcare, logistics, media and entertainment, retail, technology, transportation, and travel industries. The company was formerly known as TeleTech Holdings, Inc. and changed its name to TTEC Holdings, Inc. in January 2018. TTEC Holdings, Inc. was founded in 1982 and is headquartered in Englewood, Colorado.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
TTEC has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $54.50, TTEC has a potential upside of 28.7% from its current price of $42.36.
Amount of Analyst Coverage
TTEC has only been the subject of 1 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
TTEC has received 284 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
TTEC has received 320 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
TTEC has received 52.98% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about TTEC and other stocks. Vote “Outperform” if you believe TTEC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TTEC will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
TTEC is a leading dividend payer. It pays a dividend yield of 1.61%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
TTEC has only been increasing its dividend for 4 years.
Dividend Coverage
The dividend payout ratio of TTEC is 35.98 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, TTEC will have a dividend payout ratio of 32.23 % next year. This indicates that TTEC will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TTEC insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $400,000.00 in company stock.
Percentage Held by Insiders
61.50% of the stock of TTEC is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 34.83% of the stock of TTEC is held by institutions.

0.6 Earnings and Valuation

Earnings Growth
Earnings for TTEC are expected to grow by 5.50% in the coming year, from $2.00 to $2.11 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TTEC is 24.92, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of TTEC is 24.92, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 21.06.
Price to Earnings Growth Ratio
TTEC has a PEG Ratio of 3.34. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
TTEC has a P/B Ratio of 4.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.17 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Help supply services

Sub-IndustryData Processing & Outsourced Services

SectorBusiness Services

Current SymbolNASDAQ:TTEC

Previous Symbol

CUSIP87993910

CIK1013880

Webwww.ttec.com

Phone303-397-8100

Debt

Debt-to-Equity Ratio2.04

Current Ratio2.52

Quick Ratio2.52

Price-To-Earnings

Trailing P/E Ratio24.92

Forward P/E Ratio21.18

P/E Growth3.34

Sales & Book Value

Annual Sales$1.64 billion

Price / Sales1.20

Cash Flow$3.43 per share

Price / Cash Flow12.34

Book Value$9.29 per share

Price / Book4.56

Profitability

EPS (Most Recent Fiscal Year)$1.89

Net Income$77.16 million

Net Margins4.74%

Return on Equity22.75%

Return on Assets6.66%

Miscellaneous

Employees49,500

Outstanding Shares46,597,000

Market Cap$1.97 billion

Next Earnings Date8/5/2020 (Estimated)

OptionableOptionable

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TTEC (NASDAQ:TTEC) Frequently Asked Questions

How has TTEC's stock been impacted by COVID-19 (Coronavirus)?

TTEC's stock was trading at $36.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TTEC shares have increased by 17.7% and is now trading at $42.36. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of TTEC?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TTEC in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for TTEC.

When is TTEC's next earnings date?

TTEC is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for TTEC.

How were TTEC's earnings last quarter?

TTEC Holdings Inc (NASDAQ:TTEC) released its earnings results on Monday, May, 4th. The business services provider reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.48 by $0.16. The business services provider had revenue of $432.21 million for the quarter, compared to the consensus estimate of $427.29 million. TTEC had a return on equity of 22.75% and a net margin of 4.74%. View TTEC's earnings history.

How often does TTEC pay dividends? What is the dividend yield for TTEC?

TTEC declared a semi-annual dividend on Friday, March 6th. Shareholders of record on Wednesday, April 1st will be paid a dividend of $0.34 per share on Thursday, April 16th. This represents a dividend yield of 1.5%. The ex-dividend date of this dividend is Tuesday, March 31st. This is a boost from TTEC's previous semi-annual dividend of $0.32. View TTEC's dividend history.

What guidance has TTEC issued on next quarter's earnings?

TTEC updated its FY 2020 After-Hours earnings guidance on Wednesday, March, 4th. The company provided earnings per share guidance of 2.03-2.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.05. The company issued revenue guidance of $1.757-1.773 billion, compared to the consensus revenue estimate of $1.75 billion.

What price target have analysts set for TTEC?

6 Wall Street analysts have issued twelve-month price targets for TTEC's shares. Their forecasts range from $48.00 to $60.00. On average, they expect TTEC's share price to reach $54.50 in the next twelve months. This suggests a possible upside of 28.7% from the stock's current price. View analysts' price targets for TTEC.

Has TTEC been receiving favorable news coverage?

News articles about TTEC stock have been trending extremely negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TTEC earned a daily sentiment score of -4.0 on InfoTrie's scale. They also assigned news headlines about the business services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near term. View the latest news aboutTTEC.

Who are some of TTEC's key competitors?

Some companies that are related to TTEC include Visa (V), Mastercard (MA), Fidelity National Information Servcs (FIS), Fiserv (FISV), Automatic Data Processing (ADP), Global Payments (GPN), Paychex (PAYX), FleetCor Technologies (FLT), Broadridge Financial Solutions (BR), Jack Henry & Associates (JKHY), The Western Union (WU), Genpact (G), WEX (WEX), Euronet Worldwide (EEFT) and MAXIMUS (MMS). View all competitors.

What other stocks do shareholders of TTEC own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TTEC investors own include Home Depot (HD), Honeywell International (HON), Verizon Communications (VZ), CVS Health (CVS), Cisco Systems (CSCO), Altria Group (MO), AT&T (T), Procter & Gamble (PG), QUALCOMM (QCOM) and Thermo Fisher Scientific (TMO).

Who are TTEC's key executives?

TTEC's management team includes the following people:

Mr. Kenneth D. Tuchman, Founder, Chairman & CEO (Age 59)
Ms. Regina M. Paolillo, Exec. VP and Chief Financial & Admin. Officer (Age 60)
Mr. Martin F. DeGhetto, Exec. VP & COO (Age 60)
Ms. Judith A. Hand, Exec. VP & Chief Revenue Officer (Age 58)
Mr. Steven C. Pollema, Sr. VP of Customer Technology Services-TTEC Digital (Age 59)

What is TTEC's stock symbol?

TTEC trades on the NASDAQ under the ticker symbol "TTEC."

Who are TTEC's major shareholders?

TTEC's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.49%), State Street Corp (1.13%), Bank of New York Mellon Corp (0.79%), Clearbridge Investments LLC (0.64%), Geode Capital Management LLC (0.60%) and Wells Fargo & Company MN (0.45%). Company insiders that own TTEC stock include Gregory A Conley, Kenneth D Tuchman, Margaret B Mclean, Martin F Deghetto, Regina Paolillo and Tracy L Bahl. View institutional ownership trends for TTEC.

Which institutional investors are selling TTEC stock?

TTEC stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, First Trust Advisors LP, KBC Group NV, Deutsche Bank AG, Russell Investments Group Ltd., IndexIQ Advisors LLC, Invesco Ltd., and WINTON GROUP Ltd. Company insiders that have sold TTEC company stock in the last year include Kenneth D Tuchman, Margaret B Mclean, Martin F Deghetto, Regina Paolillo, and Tracy L Bahl. View insider buying and selling activity for TTEC.

Which institutional investors are buying TTEC stock?

TTEC stock was bought by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, Pembroke Management LTD, Jupiter Asset Management Ltd., State Street Corp, Castleark Management LLC, BlackRock Inc., Nuveen Asset Management LLC, and AQR Capital Management LLC. View insider buying and selling activity for TTEC.

How do I buy shares of TTEC?

Shares of TTEC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is TTEC's stock price today?

One share of TTEC stock can currently be purchased for approximately $42.36.

How big of a company is TTEC?

TTEC has a market capitalization of $1.97 billion and generates $1.64 billion in revenue each year. The business services provider earns $77.16 million in net income (profit) each year or $1.89 on an earnings per share basis. TTEC employs 49,500 workers across the globe.

What is TTEC's official website?

The official website for TTEC is www.ttec.com.

How can I contact TTEC?

TTEC's mailing address is 9197 S PEORIA STREET, ENGLEWOOD CO, 80112. The business services provider can be reached via phone at 303-397-8100 or via email at [email protected]

This page was last updated on 6/1/2020 by MarketBeat.com Staff