TeleTech (NASDAQ:TTEC) Upgraded at Zacks Research

Zacks Research upgraded shares of TeleTech (NASDAQ:TTEC) from a hold rating to a strong-buy rating in a research report report published on Monday morning,Zacks.com reports.

Several other brokerages have also recently issued reports on TTEC. William Blair cut shares of TeleTech from an “outperform” rating to a “market perform” rating in a research report on Monday, November 10th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of TeleTech in a research report on Wednesday, January 21st. Finally, Wall Street Zen upgraded TeleTech from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

TeleTech Stock Performance

Shares of TTEC stock opened at $2.67 on Monday. The firm has a market capitalization of $129.68 million, a price-to-earnings ratio of -0.67, a PEG ratio of 0.27 and a beta of 1.08. The stock has a fifty day moving average of $2.92 and a 200 day moving average of $3.28. TeleTech has a 52 week low of $1.98 and a 52 week high of $5.60. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 8.02.

TeleTech (NASDAQ:TTEC) last issued its quarterly earnings data on Thursday, February 26th. The business services provider reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.08. TeleTech had a negative net margin of 9.01% and a positive return on equity of 16.24%. The business had revenue of $569.96 million for the quarter, compared to the consensus estimate of $514.53 million. TeleTech has set its FY 2026 guidance at 1.060-1.320 EPS. As a group, research analysts expect that TeleTech will post 0.33 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Chancellor Financial Group WB LP lifted its position in TeleTech by 12.9% during the 4th quarter. Chancellor Financial Group WB LP now owns 32,390 shares of the business services provider’s stock valued at $117,000 after acquiring an additional 3,700 shares during the period. Engineers Gate Manager LP grew its holdings in TeleTech by 8.7% in the second quarter. Engineers Gate Manager LP now owns 56,826 shares of the business services provider’s stock worth $273,000 after purchasing an additional 4,532 shares during the period. Empowered Funds LLC increased its stake in shares of TeleTech by 10.6% during the fourth quarter. Empowered Funds LLC now owns 56,499 shares of the business services provider’s stock valued at $203,000 after purchasing an additional 5,402 shares in the last quarter. Jain Global LLC lifted its holdings in shares of TeleTech by 44.1% during the fourth quarter. Jain Global LLC now owns 17,970 shares of the business services provider’s stock valued at $65,000 after purchasing an additional 5,498 shares during the last quarter. Finally, XTX Topco Ltd lifted its holdings in shares of TeleTech by 15.2% during the second quarter. XTX Topco Ltd now owns 43,401 shares of the business services provider’s stock valued at $209,000 after purchasing an additional 5,726 shares during the last quarter. 38.03% of the stock is currently owned by institutional investors.

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.