Wall Street analysts predict that Atento SA (NYSE:ATTO) will report $0.23 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Atento’s earnings. The lowest EPS estimate is $0.20 and the highest is $0.26. Atento posted earnings of $0.19 per share in the same quarter last year, which would suggest a positive year over year growth rate of 21.1%. The firm is scheduled to announce its next quarterly earnings results on Tuesday, March 20th.
According to Zacks, analysts expect that Atento will report full year earnings of $0.78 per share for the current fiscal year, with EPS estimates ranging from $0.72 to $0.85. For the next financial year, analysts forecast that the company will report earnings of $0.91 per share, with EPS estimates ranging from $0.72 to $1.01. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Atento.
A number of research firms have commented on ATTO. Barrington Research set a $16.00 target price on shares of Atento and gave the stock a “buy” rating in a research note on Wednesday, December 20th. BidaskClub cut shares of Atento from a “buy” rating to a “hold” rating in a research note on Saturday, September 30th. Robert W. Baird restated a “buy” rating on shares of Atento in a research note on Tuesday, September 19th. Zacks Investment Research cut shares of Atento from a “buy” rating to a “hold” rating in a research note on Monday, October 23rd. Finally, ValuEngine cut shares of Atento from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $14.50.
Shares of Atento (ATTO) opened at $10.15 on Friday. Atento has a one year low of $7.60 and a one year high of $12.90. The company has a market cap of $735.40, a P/E ratio of 72.50, a price-to-earnings-growth ratio of 0.85 and a beta of -0.07. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 1.09.
Several institutional investors have recently added to or reduced their stakes in the company. Quantum Capital Management raised its position in shares of Atento by 1.1% during the second quarter. Quantum Capital Management now owns 16,911 shares of the business services provider’s stock valued at $189,000 after buying an additional 178 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of Atento during the second quarter valued at approximately $115,000. Sei Investments Co. raised its position in shares of Atento by 402.0% during the second quarter. Sei Investments Co. now owns 14,735 shares of the business services provider’s stock valued at $164,000 after buying an additional 11,800 shares during the last quarter. Smith Moore & CO. bought a new stake in shares of Atento during the third quarter valued at approximately $232,000. Finally, Royce & Associates LP raised its position in shares of Atento by 5.7% during the second quarter. Royce & Associates LP now owns 722,601 shares of the business services provider’s stock valued at $8,057,000 after buying an additional 38,700 shares during the last quarter. Hedge funds and other institutional investors own 94.67% of the company’s stock.
Atento SA is a provider of customer-relationship management and business-process outsourcing (CRM BPO) services and solutions in Latin America. The Company offers a portfolio of CRM BPO services, including customer care, sales, collections, back office and technical support. The Company operates through three segments: EMEA, Americas and Brazil.
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