Atento Stock Forecast, Price & News

Atento's stock was trading at $42.50 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ATTO stock has decreased by 77.2% and is now trading at $9.67.
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2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Atento in the last year. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Atento.

Atento is scheduled to release its next quarterly earnings announcement on Wednesday, November 11th 2020.
View our earnings forecast for Atento.

Atento SA (NYSE:ATTO) released its quarterly earnings results on Wednesday, August, 5th. The business services provider reported ($0.14) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.70) by $0.56. The business services provider had revenue of $314.50 million for the quarter, compared to analysts' expectations of $302.10 million. Atento had a negative net margin of 3.55% and a negative return on equity of 15.97%.
View Atento's earnings history.

Atento's stock reverse split on the morning of Thursday, July 30th 2020. The 1-5 reverse split was announced on Tuesday, July 28th 2020. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, July 29th 2020. An investor that had 100 shares of Atento stock prior to the reverse split would have 20 shares after the split.

2 analysts have issued 12 month target prices for Atento's stock. Their forecasts range from $17.50 to $100.00. On average, they anticipate Atento's stock price to reach $58.75 in the next twelve months. This suggests a possible upside of 507.5% from the stock's current price.
View analysts' price targets for Atento.

Atento saw a increase in short interest in the month of August. As of August 14th, there was short interest totaling 13,800 shares, an increase of 160.4% from the July 30th total of 5,300 shares. Based on an average daily volume of 45,500 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.
View Atento's Short Interest.

Some companies that are related to Atento include Consolidated Communications (CNSL), LICT (LICT), GTT Communications (GTT), IDT (IDT), Alaska Communications Systems Group (ALSK), Crexendo (CXDO), Crexendo (CXDO), Nuvera Communications (NUVR), Oi SA em Recuperacao Judicial (OIBRQ), Otelco (OTEL), Liberty Braves Group Series B (BATRB), Frontier Communications (FTRCQ), Maxcom Telecomunic (MXMTY), Orbital Tracking (TRKK) and Windstream (WINMQ).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Atento investors own include Pixelworks (PXLW), Sorrento Therapeutics (SRNE), NVIDIA (NVDA), Simon Property Group (SPG), Caterpillar (CAT), Dominion Energy (D), GlaxoSmithKline (GSK), Johnson & Johnson (JNJ), Altria Group (MO) and Verizon Communications (VZ).

Atento trades on the New York Stock Exchange (NYSE) under the ticker symbol "ATTO."

Atento's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Plaisance Capital LLC (2.21%), Two Sigma Advisers LP (0.70%), Goldman Sachs Group Inc. (0.69%), California Public Employees Retirement System (0.43%) and Eidelman Virant Capital (0.05%).

ATTO stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Two Sigma Advisers LP, and California Public Employees Retirement System.

ATTO stock was bought by a variety of institutional investors in the last quarter, including Plaisance Capital LLC, and Eidelman Virant Capital.

Shares of ATTO 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.

One share of ATTO stock can currently be purchased for approximately $9.67.

Atento has a market capitalization of $145.03 million and generates $1.71 billion in revenue each year. The business services provider earns $-81,310,000.00 in net income (profit) each year or ($1.61) on an earnings per share basis. Atento employs 149,129 workers across the globe.

The official website for Atento is www.atento.com.

Atento's mailing address is 1 RUE LOU HEMMER L-1748 LUXEMBOURG FINDEL, LUXEMBOURG N4, 1748. The business services provider can be reached via phone at 55-11-3779-0881 or via email at [email protected]