TeleTech Holdings, Inc. (NASDAQ:TTEC) Given Consensus Rating of “Reduce” by Analysts

TeleTech Holdings, Inc. (NASDAQ:TTEC) has earned an average rating of “Reduce” from the five ratings firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating and four have issued a hold rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is $3.50.

A number of analysts recently commented on the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of TeleTech in a research report on Wednesday, October 8th. Barrington Research reaffirmed a “market perform” rating on shares of TeleTech in a research report on Monday, August 18th. Zacks Research upgraded TeleTech to a “hold” rating in a research note on Friday, August 8th. Wall Street Zen lowered shares of TeleTech from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, William Blair lowered shares of TeleTech from an “outperform” rating to a “market perform” rating in a research report on Monday.

TeleTech Stock Down 13.7%

TTEC opened at $2.72 on Monday. TeleTech has a fifty-two week low of $2.49 and a fifty-two week high of $5.86. The firm has a market capitalization of $131.82 million, a P/E ratio of -5.04, a PEG ratio of 0.36 and a beta of 1.22. The company’s 50-day moving average is $3.54 and its 200 day moving average is $4.23. The company has a debt-to-equity ratio of 2.99, a current ratio of 1.77 and a quick ratio of 1.77.

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

Institutional Trading of TeleTech

Large investors have recently bought and sold shares of the company. GSA Capital Partners LLP lifted its position in shares of TeleTech by 800.7% during the 3rd quarter. GSA Capital Partners LLP now owns 358,377 shares of the business services provider’s stock valued at $1,204,000 after buying an additional 318,589 shares during the last quarter. State of Wyoming purchased a new stake in TeleTech in the 3rd quarter worth about $164,000. Federated Hermes Inc. raised its stake in TeleTech by 1.0% in the 3rd quarter. Federated Hermes Inc. now owns 2,079,778 shares of the business services provider’s stock valued at $6,988,000 after acquiring an additional 21,602 shares during the period. Johnson Financial Group LLC purchased a new stake in TeleTech during the third quarter valued at about $245,000. Finally, Citizens Financial Group Inc. RI lifted its holdings in TeleTech by 32.8% during the third quarter. Citizens Financial Group Inc. RI now owns 192,500 shares of the business services provider’s stock valued at $647,000 after purchasing an additional 47,500 shares during the last quarter. 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.