TeleTech (NASDAQ:TTEC) Issues Quarterly Earnings Results, Beats Estimates By $0.08 EPS

TeleTech (NASDAQ:TTEC) issued its quarterly earnings results on Thursday. The business services provider reported $0.47 EPS for the quarter, topping the consensus estimate of $0.39 by $0.08, FiscalAI reports. The firm had revenue of $569.96 million during the quarter, compared to analyst estimates of $514.53 million. TeleTech had a negative net margin of 0.84% and a positive return on equity of 8.95%. TeleTech updated its FY 2026 guidance to 1.060-1.320 EPS.

TeleTech Stock Up 13.6%

NASDAQ:TTEC traded up $0.30 during mid-day trading on Friday, reaching $2.51. The stock had a trading volume of 2,256,341 shares, compared to its average volume of 372,452. The company has a debt-to-equity ratio of 3.14, a current ratio of 1.75 and a quick ratio of 1.75. The company has a market capitalization of $121.86 million, a price-to-earnings ratio of -6.61, a price-to-earnings-growth ratio of 0.21 and a beta of 1.07. TeleTech has a 1-year low of $1.98 and a 1-year high of $5.60. The stock’s 50 day simple moving average is $3.10 and its two-hundred day simple moving average is $3.35.

Institutional Investors Weigh In On TeleTech

Several institutional investors and hedge funds have recently made changes to their positions in the company. Intech Investment Management LLC acquired a new position in shares of TeleTech during the third quarter worth approximately $35,000. XTX Topco Ltd bought a new stake in TeleTech during the 4th quarter valued at $43,000. Quarry LP acquired a new position in TeleTech during the 3rd quarter worth $56,000. Jain Global LLC grew its stake in shares of TeleTech by 44.1% in the fourth quarter. Jain Global LLC now owns 17,970 shares of the business services provider’s stock worth $65,000 after purchasing an additional 5,498 shares in the last quarter. Finally, Boothbay Fund Management LLC bought a new stake in shares of TeleTech during the third quarter valued at about $74,000. 38.03% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on TTEC shares. William Blair downgraded shares of TeleTech from an “outperform” rating to a “market perform” rating in a research note on Monday, November 10th. Weiss Ratings reiterated a “sell (e+)” rating on shares of TeleTech in a research note on Wednesday, January 21st. Finally, Wall Street Zen lowered shares of TeleTech from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Four investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, TeleTech currently has an average rating of “Reduce” and a consensus price target of $3.50.

About TeleTech

TTEC Holdings, Inc (NASDAQ: TTEC) is a global customer experience technology and services company that designs, builds and delivers transformative solutions for customer acquisition and engagement. Leveraging a combination of digital consulting, technology, analytics and operations services, TTEC helps clients across industries enhance their customer journeys, automate key processes and harness data-driven insights to foster loyalty and drive revenue growth.

The company’s core offerings span end-to-end customer engagement solutions, including customer experience (CX) strategy consulting, cloud migration, omni-channel contact center operations and managed services.