TTEC Holdings, Inc. (NASDAQ:TTEC – Get Free Report) has been assigned an average rating of “Hold” from the six brokerages that are currently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $11.90.
Several analysts have recently issued reports on TTEC shares. StockNews.com cut shares of TTEC from a “hold” rating to a “sell” rating in a research report on Friday, September 6th. Canaccord Genuity Group reduced their price objective on shares of TTEC from $8.00 to $4.50 and set a “hold” rating on the stock in a research report on Tuesday, August 13th. Guggenheim raised shares of TTEC from a “sell” rating to a “neutral” rating in a research report on Tuesday, October 1st. Finally, Northland Securities reduced their price objective on shares of TTEC from $19.00 to $16.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 13th.
Check Out Our Latest Stock Analysis on TTEC
Hedge Funds Weigh In On TTEC
TTEC Stock Up 5.4 %
Shares of NASDAQ TTEC opened at $5.26 on Wednesday. The firm’s 50-day moving average price is $5.07 and its 200-day moving average price is $5.99. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 3.06. The stock has a market capitalization of $251.03 million, a price-to-earnings ratio of -0.80, a P/E/G ratio of 2.93 and a beta of 1.05. TTEC has a 12-month low of $3.67 and a 12-month high of $22.69.
TTEC (NASDAQ:TTEC – Get Free Report) last announced its earnings results on Thursday, August 8th. The business services provider reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.14). The business had revenue of $534.09 million for the quarter, compared to analysts’ expectations of $554.67 million. TTEC had a negative net margin of 13.39% and a positive return on equity of 7.38%. On average, equities research analysts anticipate that TTEC will post 0.44 EPS for the current fiscal year.
About TTEC
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.
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