Somewhat Positive News Coverage Somewhat Unlikely to Affect TeleTech Holdings (TTEC) Share Price
Media coverage about TeleTech Holdings (NASDAQ:TTEC) has been trending somewhat positive on Wednesday, Accern Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TeleTech Holdings earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave media coverage about the business services provider an impact score of 46.3922383526949 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern’s analysis:
- 26.1% Return Seen to Date on SmarTrend Teletech Hldgs Call (TTEC) (mysmartrend.com)
- TeleTech : More Than 100 Community Leaders and Residents Come Out to Celebrate Opening of TeleTech in Daytona Beach (4-traders.com)
- ETFs with exposure to TeleTech Holdings, Inc. : August 28, 2017 (finance.yahoo.com)
- Head to Head Survey: VeriSign (VRSN) vs. TeleTech Holdings (TTEC) (americanbankingnews.com)
Shares of TeleTech Holdings (NASDAQ TTEC) traded up 0.064% during midday trading on Wednesday, hitting $39.025. The stock had a trading volume of 12,805 shares. TeleTech Holdings has a one year low of $24.45 and a one year high of $43.45. The stock has a 50 day moving average of $41.05 and a 200-day moving average of $35.93. The company has a market cap of $1.79 billion, a P/E ratio of 40.567 and a beta of 0.90.
TeleTech Holdings (NASDAQ:TTEC) last announced its quarterly earnings results on Monday, August 7th. The business services provider reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.05. The firm had revenue of $353.42 million during the quarter, compared to analysts’ expectations of $332.52 million. TeleTech Holdings had a net margin of 3.30% and a return on equity of 19.49%. The company’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.28 earnings per share. Analysts forecast that TeleTech Holdings will post $1.77 EPS for the current fiscal year.
A number of equities research analysts have issued reports on TTEC shares. BidaskClub lowered TeleTech Holdings from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 5th. Zacks Investment Research raised TeleTech Holdings from a “hold” rating to a “buy” rating and set a $46.00 price target on the stock in a research report on Friday, August 11th. Finally, TheStreet raised TeleTech Holdings from a “c+” rating to a “b” rating in a research report on Thursday, May 11th.
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In other news, EVP Robert N. Jimenez sold 6,500 shares of TeleTech Holdings stock in a transaction that occurred on Thursday, June 1st. The shares were sold at an average price of $42.58, for a total value of $276,770.00. Following the completion of the transaction, the executive vice president now owns 9,390 shares in the company, valued at $399,826.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Steven C. Pollema sold 1,317 shares of TeleTech Holdings stock in a transaction that occurred on Thursday, June 15th. The shares were sold at an average price of $42.01, for a total transaction of $55,327.17. Following the completion of the transaction, the senior vice president now owns 6,880 shares of the company’s stock, valued at approximately $289,028.80. The disclosure for this sale can be found here. 70.00% of the stock is owned by company insiders.
About TeleTech Holdings
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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