Shares of TTEC Holdings, Inc. (NASDAQ:TTEC – Get Free Report) have earned an average rating of “Hold” from the six ratings firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $15.60.
A number of research firms have weighed in on TTEC. Guggenheim began coverage on TTEC in a report on Tuesday, March 19th. They set a “sell” rating and a $8.00 target price for the company. Craig Hallum lowered their target price on TTEC from $18.00 to $13.00 and set a “buy” rating for the company in a report on Friday, May 10th. Canaccord Genuity Group downgraded TTEC from a “buy” rating to a “hold” rating in a research report on Wednesday, March 6th. Finally, Canaccord Genuity Group reduced their price target on TTEC from $13.00 to $8.00 and set a “hold” rating on the stock in a research report on Friday, May 10th.
View Our Latest Research Report on TTEC
Institutional Investors Weigh In On TTEC
TTEC Stock Up 2.8 %
Shares of NASDAQ TTEC opened at $5.65 on Thursday. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.61 and a current ratio of 1.61. The firm has a market capitalization of $268.71 million, a price-to-earnings ratio of -21.73, a PEG ratio of 0.92 and a beta of 1.06. The stock has a 50 day moving average price of $6.74 and a 200 day moving average price of $12.60. TTEC has a 52-week low of $5.01 and a 52-week high of $35.67.
TTEC (NASDAQ:TTEC – Get Free Report) last announced its quarterly earnings results on Wednesday, May 8th. The business services provider reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.03). The firm had revenue of $576.64 million during the quarter, compared to analysts’ expectations of $564.37 million. TTEC had a negative net margin of 0.52% and a positive return on equity of 9.61%. Sell-side analysts expect that TTEC will post 1.07 earnings per share for the current year.
TTEC 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.
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