Wall Street brokerages predict that Atento SA (NYSE:ATTO) will announce earnings of $0.10 per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Atento’s earnings, with estimates ranging from $0.05 to $0.13. Atento also reported earnings per share of $0.10 during the same quarter last year. The company is expected to announce its next earnings report after the market closes on Monday, May 20th.
On average, analysts expect that Atento will report full year earnings of $0.58 per share for the current fiscal year, with EPS estimates ranging from $0.54 to $0.62. For the next financial year, analysts forecast that the firm will post earnings of $0.63 per share, with EPS estimates ranging from $0.60 to $0.67. Zacks’ EPS averages are a mean average based on a survey of sell-side analysts that follow Atento.
Atento (NYSE:ATTO) last issued its earnings results on Tuesday, March 19th. The business services provider reported $0.21 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.05. The business had revenue of $421.80 million during the quarter, compared to the consensus estimate of $428.02 million. Atento had a return on equity of 16.56% and a net margin of 1.04%.
ATTO has been the subject of a number of research reports. ValuEngine cut Atento from a “sell” rating to a “strong sell” rating in a research note on Thursday, April 18th. Zacks Investment Research raised Atento from a “hold” rating to a “buy” rating and set a $4.25 price objective for the company in a research note on Thursday, February 21st. Finally, TheStreet raised Atento from a “d+” rating to a “c” rating in a research note on Tuesday, April 16th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $8.17.
Institutional investors have recently made changes to their positions in the business. Parametric Portfolio Associates LLC acquired a new stake in Atento in the first quarter valued at approximately $42,000. Great Point Wealth Advisors LLC acquired a new stake in Atento in the fourth quarter valued at approximately $46,000. Marshall Wace LLP acquired a new stake in Atento in the third quarter valued at approximately $141,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in Atento by 93.5% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 40,791 shares of the business services provider’s stock valued at $147,000 after acquiring an additional 19,714 shares during the period. Finally, Millennium Management LLC acquired a new stake in Atento in the fourth quarter valued at approximately $149,000. 87.98% of the stock is owned by hedge funds and other institutional investors.
Shares of ATTO stock opened at $3.27 on Monday. The company has a market capitalization of $242.43 million, a price-to-earnings ratio of 4.25, a price-to-earnings-growth ratio of 0.82 and a beta of 0.60. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 1.20. Atento has a fifty-two week low of $3.19 and a fifty-two week high of $8.45.
Atento SA, together with its subsidiaries, provides customer relationship management and business process outsourcing services and solutions in Brazil, the Americas, Europe, the Middle East, and Africa. It offers a range of front and back-end services, including sales, customer care, collections, back office, applications-processing, credit-management, and technical support services.
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