Atento Stock Forecast, Price & News

Atento's stock was trading at $42.50 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ATTO stock has decreased by 60.7% and is now trading at $16.70.
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2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Atento in the last twelve months. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Atento stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ATTO, but not buy additional shares or sell existing shares.
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Wall Street analysts have given Atento a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Atento wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Atento is scheduled to release its next quarterly earnings announcement on Tuesday, March 2nd 2021.
View our earnings forecast for Atento.

Atento S.A. (NYSE:ATTO) posted its earnings results on Wednesday, November, 11th. The business services provider reported ($0.09) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.23) by $0.14. The business services provider earned $352.70 million during the quarter, compared to the consensus estimate of $338.10 million. Atento had a negative return on equity of 23.51% and a negative net margin of 4.69%.
View Atento's earnings history.

Atento shares 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 closing bell 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 brokerages have issued 1 year price targets for Atento's shares. Their forecasts range from $17.50 to $100.00. On average, they anticipate Atento's share price to reach $58.75 in the next year. This suggests a possible upside of 251.8% from the stock's current price.
View analysts' price targets for Atento or view Wall Street analyst' top-rated stocks.

Atento saw a increase in short interest in December. As of December 31st, there was short interest totaling 7,800 shares, an increase of 290.0% from the December 15th total of 2,000 shares. Based on an average trading volume of 23,900 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.
View Atento's Short Interest.

Some companies that are related to Atento include Cincinnati Bell (CBB), ATN International (ATNI), Anterix (ATEX), Consolidated Communications (CNSL), LICT (LICT), IDT (IDT), GTT Communications (GTT), Alaska Communications Systems Group (ALSK), Crexendo (CXDO), Nuvera Communications (NUVR), OI (OIBRQ), Otelco (OTEL), Frontier Communications (FTRCQ), The Liberty Braves Group (BATRB) and Orbsat (OSAT).
View all of ATTO's competitors.

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."

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

One share of ATTO stock can currently be purchased for approximately $16.70.

Atento has a market capitalization of $250.50 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]