TeleTech (NASDAQ:TTEC) Posts Earnings Results, Misses Estimates By $0.10 EPS
by Renee Jackson · The Cerbat GemTeleTech (NASDAQ:TTEC – Get Free Report) announced its quarterly earnings results on Thursday. The business services provider reported $0.15 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.10), FiscalAI reports. The firm had revenue of $496.18 million for the quarter, compared to analysts’ expectations of $493.69 million. TeleTech had a negative net margin of 9.01% and a positive return on equity of 16.24%. TeleTech updated its FY 2026 guidance to 1.060-1.320 EPS.
TeleTech Stock Performance
TeleTech stock traded up $0.08 during trading hours on Thursday, hitting $3.06. 652,905 shares of the stock traded hands, compared to its average volume of 493,285. The firm’s 50 day moving average price is $2.73 and its 200-day moving average price is $3.05. The company has a debt-to-equity ratio of 8.02, a current ratio of 1.89 and a quick ratio of 1.89. The stock has a market capitalization of $148.75 million, a price-to-earnings ratio of -0.77, a P/E/G ratio of 0.40 and a beta of 1.04. TeleTech has a 1 year low of $1.98 and a 1 year high of $5.60.
Institutional Investors Weigh In On TeleTech
A number of institutional investors and hedge funds have recently modified their holdings of TTEC. Empowered Funds LLC increased its holdings in TeleTech by 10.6% in the 4th quarter. Empowered Funds LLC now owns 56,499 shares of the business services provider’s stock worth $203,000 after buying an additional 5,402 shares during the period. XTX Topco Ltd acquired a new stake in TeleTech during the 4th quarter valued at approximately $43,000. Bridgeway Capital Management LLC lifted its stake in TeleTech by 8.2% during the 4th quarter. Bridgeway Capital Management LLC now owns 127,999 shares of the business services provider’s stock valued at $461,000 after acquiring an additional 9,702 shares during the period. AQR Capital Management LLC boosted its holdings in shares of TeleTech by 46.0% in 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 last quarter. Finally, Jain Global LLC increased its stake in shares of TeleTech by 44.1% in the fourth quarter. Jain Global LLC now owns 17,970 shares of the business services provider’s stock worth $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.
Wall Street Analyst Weigh In
Several equities analysts have issued reports on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of TeleTech in a report on Monday, April 20th. Zacks Research raised TeleTech from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 9th. Finally, Wall Street Zen upgraded TeleTech from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold”.
Read Our Latest Report on TeleTech
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.