Home Online Earning TeleTech (TTEC) Earning Somewhat Positive Press Coverage, Accern Reports

TeleTech (TTEC) Earning Somewhat Positive Press Coverage, Accern Reports

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Press coverage about TeleTech (NASDAQ:TTEC) has trended somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. TeleTech earned a news impact score of 0.15 on Accern’s scale. Accern also assigned news articles about the business services provider an impact score of 45.8452765414509 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

TeleTech (NASDAQ TTEC) opened at $41.00 on Thursday. TeleTech has a 52-week low of $28.20 and a 52-week high of $43.75. The company has a market capitalization of $1,882.11, a PE ratio of 25.66, a PEG ratio of 2.35 and a beta of 0.89. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.13 and a current ratio of 2.13.

TeleTech (NASDAQ:TTEC) last announced its quarterly earnings data on Wednesday, November 8th. The business services provider reported $0.38 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.38. TeleTech had a return on equity of 19.24% and a net margin of 3.45%. The business had revenue of $359.04 million during the quarter, compared to the consensus estimate of $348.94 million. During the same period in the previous year, the company posted $0.39 earnings per share. The business’s revenue for the quarter was up 14.8% on a year-over-year basis. research analysts predict that TeleTech will post 1.75 EPS for the current year.

A number of equities analysts have recently commented on the company. Zacks Investment Research raised TeleTech from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a research report on Tuesday, November 14th. BidaskClub downgraded TeleTech from a “hold” rating to a “sell” rating in a research report on Tuesday, December 12th. SunTrust Banks reissued a “hold” rating and set a $43.00 price objective on shares of TeleTech in a research report on Monday, October 9th. Finally, ValuEngine downgraded TeleTech from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. One analyst has rated the stock with a sell rating and three have issued a hold rating to the company. TeleTech currently has an average rating of “Hold” and an average price target of $43.50.

In related news, SVP Steven C. Pollema sold 9,000 shares of the company’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $40.00, for a total value of $360,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 70.00% of the company’s stock.

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TeleTech Company Profile

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).

Insider Buying and Selling by Quarter for TeleTech (NASDAQ:TTEC)

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