TeleTech (NASDAQ:TTEC) Releases FY 2025 Earnings Guidance

TeleTech (NASDAQ:TTEC) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.950-1.200 for the period, compared to the consensus estimate of 0.970. The company issued revenue guidance of $2.1 billion-$2.1 billion, compared to the consensus revenue estimate of $2.1 billion.

TeleTech Trading Down 3.7%

TTEC stock traded down $0.12 during midday trading on Thursday, hitting $3.15. The stock had a trading volume of 340,561 shares, compared to its average volume of 421,337. The firm has a market cap of $152.66 million, a P/E ratio of -5.83, a price-to-earnings-growth ratio of 0.36 and a beta of 1.22. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 2.99. TeleTech has a 1-year low of $2.67 and a 1-year high of $5.86. The business has a fifty day moving average price of $3.57 and a two-hundred day moving average price of $4.24.

TeleTech (NASDAQ:TTEC) last released its earnings results on Thursday, November 6th. The business services provider reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.13). The firm had revenue of $519.14 million during the quarter, compared to analyst estimates of $497.92 million. TeleTech had a negative net margin of 1.20% and a positive return on equity of 8.23%. TeleTech has set its FY 2025 guidance at 0.950-1.200 EPS. On average, sell-side analysts predict that TeleTech will post 0.33 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

TTEC has been the topic of several research analyst reports. Weiss Ratings reissued a “sell (e+)” rating on shares of TeleTech in a research note on Wednesday, October 8th. Barrington Research restated a “market perform” rating on shares of TeleTech in a research note on Monday, August 18th. Wall Street Zen upgraded TeleTech from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. Finally, Zacks Research upgraded TeleTech to a “hold” rating in a research note on Friday, August 8th. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $3.50.

Hedge Funds Weigh In On TeleTech

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Engineers Gate Manager LP increased its holdings in TeleTech by 8.7% during the second quarter. Engineers Gate Manager LP now owns 56,826 shares of the business services provider’s stock worth $273,000 after buying an additional 4,532 shares during the last quarter. Goldman Sachs Group Inc. raised its position in TeleTech by 4.1% in the first quarter. Goldman Sachs Group Inc. now owns 565,274 shares of the business services provider’s stock worth $1,860,000 after acquiring an additional 22,247 shares during the period. Cetera Investment Advisers bought a new stake in TeleTech in the second quarter worth about $124,000. Finally, Geode Capital Management LLC raised its position in TeleTech by 8.0% in the second quarter. Geode Capital Management LLC now owns 503,241 shares of the business services provider’s stock worth $2,421,000 after acquiring an additional 37,252 shares during the period. 38.03% of the stock is owned by hedge funds and other institutional investors.

TeleTech Company Profile

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.