TeleTech (NASDAQ:TTEC – Get Free Report) released its earnings results on Monday. The business services provider reported $0.03 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.20), FiscalAI reports. The company had revenue of $455.50 million during the quarter, compared to analysts’ expectations of $477.94 million. TeleTech had a positive return on equity of 15.66% and a negative net margin of 9.60%. TeleTech updated its FY 2026 guidance to 0.790-0.990 EPS.
TeleTech Price Performance
Shares of TTEC opened at $2.33 on Tuesday. The company’s fifty day moving average price is $2.25 and its 200-day moving average price is $2.56. TeleTech has a 1-year low of $1.90 and a 1-year high of $3.98. The company has a debt-to-equity ratio of 8.74, a current ratio of 2.01 and a quick ratio of 2.01. The firm has a market capitalization of $113.37 million, a PE ratio of -0.56, a price-to-earnings-growth ratio of 0.35 and a beta of 1.03.
Analyst Ratings Changes
Several research firms have recently issued reports on TTEC. Zacks Research lowered TeleTech from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 7th. Weiss Ratings restated a “sell (e+)” rating on shares of TeleTech in a research note on Friday, July 17th. Finally, Wall Street Zen downgraded shares of TeleTech from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Three research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce”.
Institutional Investors Weigh In On TeleTech
Institutional investors and hedge funds have recently modified their holdings of the company. Empowered Funds LLC increased its stake in shares of TeleTech by 10.6% in the fourth quarter. Empowered Funds LLC now owns 56,499 shares of the business services provider’s stock worth $203,000 after acquiring an additional 5,402 shares during the period. XTX Topco Ltd acquired a new position in shares of TeleTech in the 4th quarter valued at $43,000. Bridgeway Capital Management LLC grew its position in TeleTech by 8.2% during the fourth quarter. Bridgeway Capital Management LLC now owns 127,999 shares of the business services provider’s stock valued at $461,000 after buying an additional 9,702 shares during the period. AQR Capital Management LLC grew its position in shares of TeleTech by 46.0% during the 4th quarter. AQR Capital Management LLC now owns 60,604 shares of the business services provider’s stock valued at $218,000 after acquiring an additional 19,088 shares during the period. Finally, Jain Global LLC grew its position in shares of TeleTech by 44.1% during the 4th quarter. Jain Global LLC now owns 17,970 shares of the business services provider’s stock valued at $65,000 after acquiring an additional 5,498 shares during the period. Institutional investors and hedge funds own 38.03% of the company’s stock.
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.
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