Wall Street analysts predict that Atento SA (NYSE:ATTO) will announce earnings of $0.25 per share for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Atento’s earnings, with the lowest EPS estimate coming in at $0.20 and the highest estimate coming in at $0.30. Atento reported earnings of $0.19 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 31.6%. The business is expected to issue its next earnings report after the market closes on Monday, March 19th.
According to Zacks, analysts expect that Atento will report full year earnings of $0.75 per share for the current fiscal year, with EPS estimates ranging from $0.68 to $0.83. For the next fiscal year, analysts anticipate that the business will report earnings of $0.85 per share, with EPS estimates ranging from $0.68 to $0.94. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that cover Atento.
ATTO has been the topic of a number of research analyst reports. Barrington Research set a $16.00 price target on Atento and gave the company a “buy” rating in a report on Wednesday, December 20th. ValuEngine raised Atento from a “hold” rating to a “buy” rating in a report on Wednesday, December 6th. Finally, BidaskClub downgraded Atento from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. Two analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $14.50.
A number of hedge funds have recently bought and sold shares of ATTO. State of Tennessee Treasury Department bought a new position in Atento in the fourth quarter valued at about $109,000. Goldman Sachs Group Inc. bought a new position in Atento in the second quarter valued at about $115,000. Smith Moore & CO. bought a new position in Atento in the third quarter valued at about $232,000. Virtu Financial LLC bought a new position in Atento in the fourth quarter valued at about $235,000. Finally, Citadel Advisors LLC bought a new position in shares of Atento in the fourth quarter worth about $292,000. 95.08% of the stock is currently owned by institutional investors.
Shares of Atento (NYSE ATTO) traded up $0.02 during trading hours on Wednesday, hitting $9.57. The stock had a trading volume of 39,252 shares, compared to its average volume of 209,782. The company has a market capitalization of $702.14, a P/E ratio of 68.21, a P/E/G ratio of 0.74 and a beta of -0.09. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.58 and a current ratio of 1.58. Atento has a 1 year low of $7.80 and a 1 year high of $12.90.
COPYRIGHT VIOLATION WARNING: This report was originally published by The Lincolnian Online and is the property of of The Lincolnian Online. If you are reading this report on another site, it was illegally copied and republished in violation of international copyright and trademark legislation. The correct version of this report can be read at https://www.thelincolnianonline.com/2018/03/14/brokerages-anticipate-atento-sa-atto-will-post-earnings-of-0-25-per-share.html.
Atento Company Profile
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Atento Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atento and related companies with MarketBeat.com's FREE daily email newsletter.