TTEC Holdings Inc (NASDAQ:TTEC)’s traded shares stood at 0.48 million during the last session, with the company’s beta value hitting 1.04. At the close of trading, the stock’s price was $5.82, to imply a decrease of -1.19% or -$0.07 in intraday trading. The TTEC share’s 52-week high remains $26.59, putting it -356.87% down since that peak but still an impressive 36.94% since price per share fell to its 52-week low of $3.67. The company has a valuation of $277.73M, with an average of 2.69 million shares in intraday trading volume over the past 10 days and average of 816.11K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for TTEC Holdings Inc (TTEC), translating to a mean rating of 2.00. Of 2 analyst(s) looking at the stock, 1 analyst(s) give TTEC a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.14.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
TTEC Holdings Inc (NASDAQ:TTEC) trade information
After registering a -1.19% downside in the last session, TTEC Holdings Inc (TTEC) has traded red over the past five days. The 5-day price performance for the stock is 43.70%, and 24.09% over 30 days. With these gigs, the year-to-date price performance is -73.14%. Short interest in TTEC Holdings Inc (NASDAQ:TTEC) saw shorts transact 3.78 million shares and set a 7.74 days time to cover.
The extremes give us $8 and $59 for target low and target high price respectively. As such, TTEC has been trading -913.75% off suggested target high and -37.46% from its likely low.
TTEC Holdings Inc (TTEC) estimates and forecasts
Looking at statistics comparing TTEC Holdings Inc share performance against respective industry, we note that the company has underperformed competitors. TTEC Holdings Inc (TTEC) shares are -32.33% down over the last 6 months, with its year-to-date growth rate lower than industry average at -62.39% against 18.10%. Revenue is forecast to shrink -70.80% this quarter before falling -27.00% for the next one. The rating firms project that company’s revenue will shrink -9.90% compared to the previous financial year.
Revenue forecast for the current quarter as set by 7 analysts is 539.11M. Meanwhile, for the current quarter, a total of 7 analyst(s) estimate revenue growth to 569.64M.Earnings reports from the last fiscal year show that sales brought in 602.96M and 626.18M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -10.60% before dropping -9.00% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -25.46% for the past 5-year period. While 2024 is set for a -63.11% return in earnings, projections for the next 5 years are at 4.00% annually.
TTEC Dividends
TTEC Holdings Inc has its next earnings report out on 2024-Nov-06. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. TTEC Holdings Inc has a forward dividend ratio of 0.58, with the share yield ticking at 9.97% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 2.84%.
TTEC Holdings Inc (NASDAQ:TTEC)’s Major holders
TTEC Holdings Inc insiders hold 58.92% of total outstanding shares, with institutional holders owning 37.64% of the shares at 91.63% float percentage. In total, 37.64% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 1.97 million shares (or 4.1483% of shares), all amounting to roughly $11.57 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 1.76 million shares, or about 3.7078% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $10.34 million.
We also have Federated Hermes MDT Small Cap Core Fund and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the TTEC Holdings Inc (TTEC) shares. Going by data provided on Jul 31, 2024 , Federated Hermes MDT Small Cap Core Fund holds roughly 832.22 shares. This is just over 1.74% of the total shares, with a market valuation of $4.84 million. Data from the same date shows that the other fund manager holds a little less at 645.31, or 1.35% of the shares, all valued at about 3.76 million.
