TeleTech Holdings (NASDAQ:TTEC) Getting Somewhat Positive News Coverage, Analysis Shows
Media coverage about TeleTech Holdings (NASDAQ:TTEC) has been trending somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of news 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 one, with scores closest to one being the most favorable. TeleTech Holdings earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave media headlines about the business services provider an impact score of 46.7589201228225 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern’s rankings:
- SunTrust Banks Comments on TeleTech Holdings, Inc.’s FY2017 Earnings (TTEC) (americanbankingnews.com)
- TeleTech : tops Street 2Q forecasts (4-traders.com)
- Edited Transcript of TTEC earnings conference call or presentation 8-Aug-17 12:30pm GMT (finance.yahoo.com)
- TeleTech Holdings, Inc. (NASDAQ:TTEC) Posts Earnings Results (americanbankingnews.com)
- TeleTech Announces Second Quarter 2017 Financial Results (finance.yahoo.com)
Several research analysts have weighed in on TTEC shares. Zacks Investment Research upgraded TeleTech Holdings from a “sell” rating to a “hold” rating in a report on Thursday, May 11th. TheStreet raised TeleTech Holdings from a “c+” rating to a “b” rating in a research note on Thursday, May 11th. Finally, BidaskClub downgraded TeleTech Holdings from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 5th.
TeleTech Holdings (NASDAQ:TTEC) traded up 0.49% during mid-day trading on Friday, hitting $41.40. The company’s stock had a trading volume of 163,537 shares. The firm has a 50 day moving average of $41.20 and a 200-day moving average of $35.18. TeleTech Holdings has a 52-week low of $24.45 and a 52-week high of $43.45. The firm has a market cap of $1.90 billion, a price-to-earnings ratio of 43.04 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 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.33 by $0.05. TeleTech Holdings had a net margin of 3.30% and a return on equity of 19.49%. The business had revenue of $353.42 million for the quarter, compared to analysts’ expectations of $332.52 million. During the same quarter last year, the firm earned $0.28 EPS. The firm’s revenue for the quarter was up 15.8% compared to the same quarter last year. On average, equities research analysts expect that TeleTech Holdings will post $1.77 EPS for the current fiscal year.
In related news, Director Shrikant Mehta sold 15,000 shares of the firm’s stock in a transaction dated Thursday, May 18th. The shares were sold at an average price of $39.61, for a total value of $594,150.00. Following the transaction, the director now owns 76,509 shares of the company’s stock, valued at approximately $3,030,521.49. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Robert N. Jimenez sold 6,500 shares of the firm’s stock in a transaction dated Thursday, June 1st. The shares were sold at an average price of $42.58, for a total transaction of $276,770.00. Following the completion of the transaction, the executive vice president now directly owns 9,390 shares in the company, valued at approximately $399,826.20. The disclosure for this sale can be found here. In the last ninety days, insiders sold 22,817 shares of company stock worth $926,247. 70.00% of the stock is owned by 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).
Receive News & Ratings for TeleTech Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TeleTech Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.