TeleTech (NASDAQ:TTEC – Get Free Report) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 0.790-0.990 for the period, compared to the consensus earnings per share estimate of 1.110. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion.
TeleTech Stock Down 8.6%
TeleTech stock traded down $0.22 during trading on Monday, reaching $2.33. The stock had a trading volume of 326,424 shares, compared to its average volume of 530,417. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 8.74. TeleTech has a 52-week low of $1.90 and a 52-week high of $3.98. The stock has a market cap of $113.38 million, a PE ratio of -0.56, a P/E/G ratio of 0.35 and a beta of 1.02. The business has a 50 day moving average price of $2.26 and a 200 day moving average price of $2.57.
TeleTech (NASDAQ:TTEC – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The business services provider reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.10). The firm had revenue of $496.18 million during the quarter, compared to analyst estimates of $493.69 million. TeleTech had a negative net margin of 9.60% and a positive return on equity of 15.66%. On average, analysts predict that TeleTech will post 0.91 EPS for the current year.
Wall Street Analysts Forecast Growth
Read Our Latest Research Report on TeleTech
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the stock. Federated Hermes Inc. lifted its position in TeleTech by 22.2% in the fourth quarter. Federated Hermes Inc. now owns 2,541,863 shares of the business services provider’s stock valued at $9,151,000 after acquiring an additional 462,085 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of TeleTech by 43.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,957,328 shares of the business services provider’s stock worth $7,046,000 after purchasing an additional 597,218 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of TeleTech by 5.7% during the third quarter. Dimensional Fund Advisors LP now owns 707,181 shares of the business services provider’s stock worth $2,376,000 after purchasing an additional 38,202 shares during the last quarter. Two Sigma Investments LP increased its position in shares of TeleTech by 19.5% during the third quarter. Two Sigma Investments LP now owns 574,809 shares of the business services provider’s stock worth $1,931,000 after purchasing an additional 93,978 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of TeleTech by 4.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 565,274 shares of the business services provider’s stock valued at $1,860,000 after purchasing an additional 22,247 shares during the last quarter. 38.03% of the stock is owned by hedge funds and other institutional investors.
TeleTech Company Profile
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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