TTEC Holdings Inc (NASDAQ: TTEC) is -73.97% lower on its value in year-to-date trading and has touched a low of $3.67 and a high of $23.78 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TTEC stock was last observed hovering at around $5.87 in the last trading session, with the day’s loss setting it -0.23%.
Currently trading at $5.64, the stock is 6.23% and 17.34% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.63 million and changing -3.92% at the moment leaves the stock -40.23% off its SMA200. TTEC registered -75.92% loss for a year compared to 6-month loss of -30.37%. The firm has a 50-day simple moving average (SMA 50) of $4.8068 and a 200-day simple moving average (SMA200) of $9.43685.
The stock witnessed a 30.25% gain in the last 1 month and extending the period to 3 months gives it a -24.09%, and is -2.93% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.11% over the week and 5.73% over the month.
TTEC Holdings Inc (TTEC) has around 60000 employees, a market worth around $269.14M and $2.34B in sales. Fwd P/E is 4.82. Profit margin for the company is -13.41%. Distance from 52-week low is 53.68% and -76.28% from its 52-week high. The company has generated returns on investments over the last 12 months (-24.09%).
TTEC Holdings Inc quarterly earnings per share for the current quarter are estimated at 0.14 with sales reaching $539.11M over the same period.The EPS is expected to shrink by -63.11% this year, but quarterly earnings will post -9.90% year-over-year. Quarterly sales are estimated to shrink -10.60% in year-over-year returns.
194.0 institutions hold shares in TTEC Holdings Inc (TTEC), with institutional investors hold 92.26% of the company’s shares. The shares outstanding are 47.43M, and float is at 19.61M with Short Float at 20.41%. Institutions hold 37.90% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 1.97 million shares valued at $11.57 million. The investor’s holdings represent 4.1483 of the TTEC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 1.76 million shares valued at $10.34 million to account for 3.7078 of the shares outstanding. The other top investors are FEDERATED HERMES, INC. which holds 1.18 million shares representing 2.4886 and valued at over $6.94 million, while D. E. SHAW & CO., INC. holds 1.7631 of the shares totaling 0.84 million with a market value of $4.92 million.
