Equities analysts predict that TTEC Holdings Inc (NASDAQ:TTEC) will post earnings of $0.66 per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for TTEC’s earnings. The highest EPS estimate is $0.70 and the lowest is $0.63. TTEC posted earnings per share of $0.63 during the same quarter last year, which suggests a positive year over year growth rate of 4.8%. The business is scheduled to report its next earnings report on Wednesday, March 4th.

On average, analysts expect that TTEC will report full year earnings of $1.90 per share for the current year, with EPS estimates ranging from $1.88 to $1.94. For the next year, analysts expect that the business will report earnings of $2.07 per share, with EPS estimates ranging from $2.02 to $2.14. Zacks’ EPS averages are a mean average based on a survey of research analysts that that provide coverage for TTEC.

TTEC (NASDAQ:TTEC) last announced its quarterly earnings data on Tuesday, November 5th. The business services provider reported $0.40 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.08. The business had revenue of $395.51 million for the quarter. TTEC had a net margin of 4.32% and a return on equity of 23.39%.

A number of brokerages have weighed in on TTEC. BidaskClub upgraded shares of TTEC from a “sell” rating to a “hold” rating in a report on Tuesday. Cowen began coverage on shares of TTEC in a report on Friday. They set an “outperform” rating and a $50.00 price target on the stock. Bank of America began coverage on shares of TTEC in a report on Tuesday. They set a “buy” rating and a $48.00 price target on the stock. Northland Securities began coverage on shares of TTEC in a report on Wednesday, January 8th. They set an “outperform” rating and a $60.00 price target on the stock. Finally, ValuEngine cut shares of TTEC from a “hold” rating to a “sell” rating in a report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $54.20.

In other news, CEO Kenneth D. Tuchman sold 450,000 shares of the stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $36.50, for a total transaction of $16,425,000.00. Following the sale, the chief executive officer now owns 6,686,901 shares in the company, valued at $244,071,886.50. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Regina Paolillo sold 8,588 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $50.01, for a total transaction of $429,485.88. Following the sale, the chief financial officer now owns 184,909 shares in the company, valued at approximately $9,247,299.09. The disclosure for this sale can be found here. In the last quarter, insiders have sold 3,458,588 shares of company stock worth $126,354,486. Corporate insiders own 69.45% of the company’s stock.

Large investors have recently bought and sold shares of the company. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of TTEC during the third quarter valued at approximately $60,000. Royal Bank of Canada grew its holdings in shares of TTEC by 63.2% during the second quarter. Royal Bank of Canada now owns 1,532 shares of the business services provider’s stock valued at $71,000 after buying an additional 593 shares during the last quarter. Point72 Asset Management L.P. purchased a new stake in TTEC in the third quarter worth approximately $139,000. Bank of Montreal Can boosted its holdings in TTEC by 99.4% in the second quarter. Bank of Montreal Can now owns 3,276 shares of the business services provider’s stock worth $154,000 after purchasing an additional 1,633 shares during the last quarter. Finally, FNY Investment Advisers LLC purchased a new stake in TTEC in the fourth quarter worth approximately $130,000. Hedge funds and other institutional investors own 26.46% of the company’s stock.

TTEC traded down $0.26 during midday trading on Monday, reaching $42.14. The company’s stock had a trading volume of 146,822 shares, compared to its average volume of 171,660. The firm has a market capitalization of $1.96 billion, a price-to-earnings ratio of 28.28, a PEG ratio of 2.73 and a beta of 0.64. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.84. TTEC has a 1 year low of $30.53 and a 1 year high of $50.45. The stock’s 50-day moving average is $39.48 and its 200-day moving average is $44.90.

About TTEC

TTEC Holdings, Inc designs and provides customer experience solutions in the United States, Latin America, Europe, the Middle East, Africa, the Asia Pacific, Canada, the United Kingdom, and internationally. It operates in four segments: Customer Management Services (CMS), Customer Growth Services (CGS), Customer Technology Services (CTS), and Customer Strategy Services (CSS).

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Earnings History and Estimates for TTEC (NASDAQ:TTEC)

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