TTEC (TTEC) Getting Somewhat Favorable News Coverage, Study Shows

Media stories about TTEC (NASDAQ:TTEC) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. TTEC earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave media headlines about the business services provider an impact score of 46.7396732110412 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

TTEC has been the topic of a number of research analyst reports. Zacks Investment Research upgraded TTEC from a “hold” rating to a “buy” rating and set a $45.00 price target on the stock in a report on Saturday, January 6th. TheStreet cut TTEC from a “b-” rating to a “c” rating in a report on Monday, March 12th. Finally, BidaskClub upgraded TTEC from a “sell” rating to a “hold” rating in a report on Thursday, December 21st. Two research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. TTEC currently has an average rating of “Hold” and an average target price of $44.00.

How to Become a New Pot Stock Millionaire

Shares of TTEC opened at $30.20 on Monday. TTEC has a 12-month low of $28.65 and a 12-month high of $43.75. The company has a current ratio of 2.69, a quick ratio of 2.69 and a debt-to-equity ratio of 0.95. The firm has a market capitalization of $1,385.47, a P/E ratio of 16.78, a PEG ratio of 1.55 and a beta of 0.94.

TTEC (NASDAQ:TTEC) last issued its earnings results on Monday, March 12th. The business services provider reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.07. TTEC had a return on equity of 22.28% and a net margin of 0.49%. The company had revenue of $426.60 million for the quarter, compared to analysts’ expectations of $383.75 million. During the same period last year, the business earned $0.42 EPS. TTEC’s quarterly revenue was up 23.7% compared to the same quarter last year. sell-side analysts forecast that TTEC will post 1.95 earnings per share for the current fiscal year.

The company also recently announced a semiannual dividend, which will be paid on Thursday, April 12th. Investors of record on Friday, March 30th will be issued a $0.27 dividend. This is a boost from TTEC’s previous semiannual dividend of $0.22. This represents a dividend yield of 1.48%. The ex-dividend date is Wednesday, March 28th. TTEC’s dividend payout ratio (DPR) is currently 30.00%.

In related news, EVP Robert N. Jimenez sold 6,000 shares of the stock in a transaction on Tuesday, March 20th. The stock was sold at an average price of $32.55, for a total value of $195,300.00. Following the transaction, the executive vice president now directly owns 5,234 shares in the company, valued at approximately $170,366.70. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Robert N. Jimenez sold 4,000 shares of the stock in a transaction on Friday, March 16th. The stock was sold at an average price of $32.81, for a total value of $131,240.00. Following the completion of the transaction, the executive vice president now owns 15,953 shares in the company, valued at $523,417.93. The disclosure for this sale can be found here. 70.00% of the stock is owned by company insiders.

TRADEMARK VIOLATION NOTICE: This piece was first posted by Ticker Report and is the sole property of of Ticker Report. If you are reading this piece on another website, it was copied illegally and reposted in violation of United States & international trademark & copyright law. The original version of this piece can be accessed at https://www.tickerreport.com/banking-finance/3343194/ttec-ttec-getting-somewhat-favorable-news-coverage-study-shows.html.

About TTEC

TTEC Holdings, Inc, formerly TeleTech Holdings, Inc, is a customer service provider that delivers consulting, technology, growth and customer care solutions on a global scale. The Company operates through four segments: Customer Management Services (CMS), Customer Growth Services (CGS), Customer Technology Services (CTS) and Customer Strategy Services (CSS).

Insider Buying and Selling by Quarter for TTEC (NASDAQ:TTEC)

Receive News & Ratings for TTEC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TTEC and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Somewhat Positive Media Coverage Somewhat Unlikely to Impact Xcel Energy  Share Price
Somewhat Positive Media Coverage Somewhat Unlikely to Impact Xcel Energy Share Price
Somewhat Positive Press Coverage Somewhat Unlikely to Impact Magna International  Share Price
Somewhat Positive Press Coverage Somewhat Unlikely to Impact Magna International Share Price
Shinhan Financial Group  Receives Daily Coverage Optimism Score of 0.08
Shinhan Financial Group Receives Daily Coverage Optimism Score of 0.08
Somewhat Positive Media Coverage Somewhat Unlikely to Impact KeyCorp  Share Price
Somewhat Positive Media Coverage Somewhat Unlikely to Impact KeyCorp Share Price
Alibaba Group  Expected to Announce Earnings of $0.92 Per Share
Alibaba Group Expected to Announce Earnings of $0.92 Per Share
Brokerages Expect Sunoco LP  to Post $0.52 Earnings Per Share
Brokerages Expect Sunoco LP to Post $0.52 Earnings Per Share


Leave a Reply

© 2006-2018 Ticker Report. Google+.