TeleTech (NASDAQ:TTEC) Updates FY 2026 Earnings Guidance

TeleTech (NASDAQ:TTECGet Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.060-1.320 for the period, compared to the consensus earnings per share estimate of 1.150. The company issued revenue guidance of $2.0 billion-$2.1 billion, compared to the consensus revenue estimate of $2.0 billion.

TeleTech Stock Performance

NASDAQ TTEC opened at $2.71 on Friday. The business has a 50 day moving average price of $2.73 and a 200 day moving average price of $3.05. The company has a market capitalization of $131.73 million, a P/E ratio of -0.65, a PEG ratio of 0.42 and a beta of 1.04. TeleTech has a 1-year low of $1.98 and a 1-year high of $5.60. The company has a debt-to-equity ratio of 8.02, a current ratio of 1.89 and a quick ratio of 1.89.

TeleTech (NASDAQ:TTECGet Free Report) last posted its earnings results on Thursday, May 7th. The business services provider reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.10). The firm had revenue of $496.18 million for the quarter, compared to analysts’ expectations of $493.69 million. TeleTech had a positive return on equity of 13.48% and a negative net margin of 9.60%.TeleTech has set its FY 2026 guidance at 1.060-1.320 EPS. Sell-side analysts expect that TeleTech will post 0.92 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

TTEC has been the topic of a number of research reports. Zacks Research cut shares of TeleTech from a “strong-buy” rating to a “hold” rating in a research note on Thursday. Wall Street Zen downgraded shares of TeleTech from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of TeleTech in a research note on Monday, April 20th. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce”.

Read Our Latest Report on TTEC

Institutional Trading of TeleTech

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TTEC. Panagora Asset Management Inc. acquired a new position in shares of TeleTech in the fourth quarter valued at approximately $82,000. Nierenberg Investment Management Company LLC acquired a new stake in TeleTech during the fourth quarter worth approximately $200,000. Renaissance Technologies LLC boosted its position in TeleTech by 62.5% during the fourth quarter. Renaissance Technologies LLC now owns 43,700 shares of the business services provider’s stock worth $157,000 after acquiring an additional 16,800 shares during the last quarter. Nuveen LLC grew its stake in TeleTech by 45.8% in the 4th quarter. Nuveen LLC now owns 42,233 shares of the business services provider’s stock worth $152,000 after acquiring an additional 13,262 shares during the period. Finally, Verition Fund Management LLC raised its holdings in TeleTech by 60.9% in the 3rd quarter. Verition Fund Management LLC now owns 55,507 shares of the business services provider’s stock valued at $187,000 after acquiring an additional 21,011 shares during the last quarter. Hedge funds and other institutional investors own 38.03% of the company’s stock.

About TeleTech

(Get Free Report)

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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