Equities research analysts forecast that Atento SA (NYSE:ATTO) will report earnings per share (EPS) of $0.17 for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Atento’s earnings. The lowest EPS estimate is $0.15 and the highest is $0.18. Atento posted earnings per share of $0.21 during the same quarter last year, which suggests a negative year over year growth rate of 19%. The company is scheduled to announce its next earnings report on Monday, March 18th.

On average, analysts expect that Atento will report full-year earnings of $0.73 per share for the current fiscal year, with EPS estimates ranging from $0.70 to $0.75. For the next financial year, analysts forecast that the company will report earnings of $0.74 per share, with EPS estimates ranging from $0.60 to $0.85. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that cover Atento.

Several analysts have issued reports on the company. ValuEngine upgraded Atento from a “strong sell” rating to a “sell” rating in a report on Friday, September 21st. Zacks Investment Research upgraded Atento from a “strong sell” rating to a “hold” rating in a report on Monday, October 1st. Barrington Research set a $12.00 target price on Atento and gave the company a “buy” rating in a report on Wednesday, November 14th. Robert W. Baird dropped their target price on Atento from $10.00 to $8.00 and set an “outperform” rating for the company in a report on Thursday, November 8th. Finally, TheStreet cut Atento from a “c” rating to a “d+” rating in a report on Tuesday, November 27th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $10.17.

NYSE:ATTO traded down $0.18 during trading hours on Tuesday, hitting $4.18. The company had a trading volume of 285,964 shares, compared to its average volume of 118,632. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 1.31. The stock has a market cap of $308.94 million, a P/E ratio of 5.57, a PEG ratio of 0.74 and a beta of 0.39. Atento has a 1 year low of $4.01 and a 1 year high of $10.45.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Marshall Wace LLP purchased a new position in shares of Atento during the 3rd quarter worth $141,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of Atento during the 2nd quarter worth $144,000. Advisory Research Inc. purchased a new position in shares of Atento during the 3rd quarter worth $341,000. Russell Investments Group Ltd. grew its holdings in shares of Atento by 35.4% during the 3rd quarter. Russell Investments Group Ltd. now owns 74,448 shares of the business services provider’s stock worth $558,000 after purchasing an additional 19,476 shares during the period. Finally, Citadel Advisors LLC grew its holdings in shares of Atento by 270.0% during the 2nd quarter. Citadel Advisors LLC now owns 100,291 shares of the business services provider’s stock worth $687,000 after purchasing an additional 73,183 shares during the period. Institutional investors and hedge funds own 88.73% of the company’s stock.

About Atento

Atento SA, together with its subsidiaries, provides customer relationship management and business process outsourcing services and solutions in Brazil, the Americas, Europe, the Middle East, and Africa. It offers a range of front and back-end services, including sales, customer care, collections, back office, applications-processing, credit-management, and technical support services.

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