TTEC Holdings Inc (NASDAQ: TTEC) is -17.64% lower on its value in year-to-date trading and has touched a low of $3.67 and a high of $22.66 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 $4.27 in the last trading session, with the day’s loss setting it -0.16%.
Currently trading at $4.11, the stock is -15.14% and -17.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.47 million and changing -3.75% at the moment leaves the stock -31.95% off its SMA200. TTEC registered -79.89% loss for a year compared to 6-month loss of -28.27%. The firm has a 50-day simple moving average (SMA 50) of $4.9606 and a 200-day simple moving average (SMA200) of $6.04015.
The stock witnessed a -20.19% gain in the last 1 month and extending the period to 3 months gives it a -29.74%, and is -17.64% 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 6.79% over the week and 6.26% over the month.
TTEC Holdings Inc (TTEC) has around 60000 employees, a market worth around $196.16M and $2.26B in sales. Fwd P/E is 4.13. Profit margin for the company is -14.71%. Distance from 52-week low is 11.99% and -81.86% from its 52-week high. The company has generated returns on investments over the last 12 months (-24.08%).
The EPS is expected to shrink by -67.10% this year
166.0 institutions hold shares in TTEC Holdings Inc (TTEC), with institutional investors hold 94.25% of the company’s shares. The shares outstanding are 47.72M, and float is at 19.59M with Short Float at 23.79%. Institutions hold 38.69% 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.
