News articles about TeleTech (NASDAQ:TTEC) have been trending somewhat positive this week, Accern reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. TeleTech earned a news sentiment score of 0.07 on Accern’s scale. Accern also assigned media stories about the business services provider an impact score of 46.4891552355744 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news articles that may have impacted Accern Sentiment’s rankings:
- Zacks: TeleTech Holdings, Inc. (TTEC) Given Consensus Recommendation of “Buy” by Brokerages (americanbankingnews.com)
- TeleTech Holdings, Inc. breached its 50 day moving average in a Bullish Manner : TTEC-US : November 22, 2017 (finance.yahoo.com)
- Zacks: Analysts Set $41.00 Price Target for TeleTech Holdings, Inc. (TTEC) (americanbankingnews.com)
- Steven C. Pollema Sells 9,000 Shares of TeleTech Holdings, Inc. (TTEC) Stock (americanbankingnews.com)
TeleTech (NASDAQ:TTEC) traded up $0.50 on Friday, reaching $41.35. The company’s stock had a trading volume of 18,149 shares, compared to its average volume of 74,910. The firm has a market capitalization of $1,895.86, a price-to-earnings ratio of 25.84, a price-to-earnings-growth ratio of 2.36 and a beta of 0.91. TeleTech has a 52 week low of $28.10 and a 52 week high of $43.75. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.13 and a current ratio of 2.13.
TeleTech (NASDAQ:TTEC) last released its earnings results on Wednesday, November 8th. The business services provider reported $0.38 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.38. The business had revenue of $359.04 million for the quarter, compared to analyst estimates of $348.94 million. TeleTech had a return on equity of 19.24% and a net margin of 3.45%. The company’s revenue for the quarter was up 14.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 earnings per share. sell-side analysts predict that TeleTech will post 1.75 earnings per share for the current fiscal year.
TTEC has been the topic of several research analyst reports. Zacks Investment Research raised TeleTech from a “hold” rating to a “buy” rating and set a $44.00 price target on the stock in a research report on Tuesday, November 14th. BidaskClub lowered TeleTech from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 5th. Finally, SunTrust Banks, Inc. reaffirmed a “hold” rating and set a $43.00 price target on shares of TeleTech in a research report on Monday, October 9th.
In related news, SVP Steven C. Pollema sold 9,000 shares of TeleTech stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $40.00, for a total value of $360,000.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 70.00% of the company’s stock.
TeleTech Company Profile
TeleTech Holdings, Inc (TeleTech) is a customer service provider that delivers consulting, technology, growth and customer care solutions on a global scale. The Company operates through four segments: Customer Management Services (CMS), Customer Growth Services (CGS), Customer Technology Services (CTS) and Customer Strategy Services (CSS).
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