TeleTech (NASDAQ:TTEC) Rating Increased to Buy at Wall Street Zen

TeleTech (NASDAQ:TTEC) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

TTEC has been the topic of a number of other reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of TeleTech in a research report on Wednesday, January 21st. William Blair cut TeleTech from an “outperform” rating to a “market perform” rating in a research note on Monday, November 10th. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, TeleTech has a consensus rating of “Reduce”.

TeleTech Stock Performance

Shares of TeleTech stock opened at $2.72 on Friday. The company has a market capitalization of $132.11 million, a PE ratio of -0.69, a P/E/G ratio of 0.26 and a beta of 1.08. The company has a 50-day simple moving average of $2.96 and a two-hundred day simple moving average of $3.30. TeleTech has a one year low of $1.98 and a one year high of $5.60. The company has a debt-to-equity ratio of 8.02, a quick ratio of 1.75 and a current ratio of 1.89.

TeleTech (NASDAQ:TTEC) last issued its quarterly earnings data on Thursday, February 26th. The business services provider reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.08. The firm had revenue of $569.96 million for the quarter, compared to the consensus estimate of $514.53 million. TeleTech had a negative net margin of 9.01% and a positive return on equity of 16.24%. TeleTech has set its FY 2026 guidance at 1.060-1.320 EPS. Research analysts expect that TeleTech will post 0.33 EPS for the current fiscal year.

Institutional Trading of TeleTech

Several institutional investors and hedge funds have recently bought and sold shares of the business. Segall Bryant & Hamill LLC purchased a new stake in TeleTech in the second quarter valued at $1,491,000. Campbell & CO Investment Adviser LLC purchased a new position in shares of TeleTech during the 2nd quarter valued at about $262,000. GSA Capital Partners LLP lifted its holdings in shares of TeleTech by 800.7% in 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 period. Olympiad Research LP acquired a new position in shares of TeleTech in the 2nd quarter valued at about $224,000. Finally, Robertson Stephens Wealth Management LLC boosted its stake in shares of TeleTech by 100.1% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 101,795 shares of the business services provider’s stock worth $366,000 after buying an additional 50,920 shares during the last quarter. 38.03% of the stock is currently owned by institutional investors and hedge funds.

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.