TTEC Holdings, Inc. (NASDAQ:TTEC) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of TTEC Holdings, Inc. (NASDAQ:TTECGet Free Report) have been given a consensus recommendation of “Hold” by the six analysts that are presently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $11.90.

Several analysts have issued reports on the company. StockNews.com lowered TTEC from a “hold” rating to a “sell” rating in a research note on Friday, November 15th. Guggenheim upgraded TTEC from a “sell” rating to a “neutral” rating in a research note on Tuesday, October 1st.

View Our Latest Report on TTEC

Hedge Funds Weigh In On TTEC

Several hedge funds have recently bought and sold shares of the company. Algert Global LLC boosted its holdings in TTEC by 3.9% in the 2nd quarter. Algert Global LLC now owns 86,287 shares of the business services provider’s stock valued at $507,000 after purchasing an additional 3,230 shares during the period. American Century Companies Inc. boosted its stake in TTEC by 16.2% during the second quarter. American Century Companies Inc. now owns 26,965 shares of the business services provider’s stock valued at $159,000 after buying an additional 3,756 shares during the period. Ensign Peak Advisors Inc grew its position in TTEC by 66.4% during the second quarter. Ensign Peak Advisors Inc now owns 22,808 shares of the business services provider’s stock worth $134,000 after buying an additional 9,100 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of TTEC in the 3rd quarter valued at about $59,000. Finally, GAMMA Investing LLC boosted its position in shares of TTEC by 1,054.6% during the 4th quarter. GAMMA Investing LLC now owns 12,828 shares of the business services provider’s stock valued at $64,000 after acquiring an additional 11,717 shares during the last quarter. Hedge funds and other institutional investors own 38.03% of the company’s stock.

TTEC Trading Down 2.7 %

Shares of TTEC stock opened at $4.00 on Monday. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 3.47. The firm has a market cap of $190.92 million, a P/E ratio of -0.57, a PEG ratio of 3.36 and a beta of 1.06. The company has a 50 day moving average of $4.89 and a 200-day moving average of $5.29. TTEC has a 12-month low of $3.67 and a 12-month high of $22.66.

About TTEC

(Get Free Report

TTEC Holdings, Inc operates as a customer experience (CX) company that designs, builds, and operates technology-enabled customer experiences across digital and live interaction channels. It operates through two segments, TTEC Digital and TTEC Engage. The TTEC Digital segment provides CX technologies for contact center as a service, customer relationship management, and artificial intelligence (AI) and analytics; creates and implements strategic CX transformation roadmaps; sells, operates, and provides managed services for cloud platforms and premise based CX technologies; creates proprietary IP to support industry specific and custom client needs; and offers CX consulting services.

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Analyst Recommendations for TTEC (NASDAQ:TTEC)

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