TeleTech (NASDAQ:TTEC) Issues Quarterly Earnings Results, Beats Expectations By $0.08 EPS

TeleTech (NASDAQ:TTEC) issued its earnings results on Thursday. The business services provider reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.08, FiscalAI reports. TeleTech had a negative net margin of 9.01% and a positive return on equity of 13.78%. The firm had revenue of $569.96 million during the quarter, compared to analysts’ expectations of $514.53 million. TeleTech updated its FY 2026 guidance to 1.060-1.320 EPS.

TeleTech Stock Performance

Shares of NASDAQ TTEC traded up $0.29 during trading hours on Friday, hitting $2.50. 2,342,415 shares of the company’s stock were exchanged, compared to its average volume of 410,706. TeleTech has a 1-year low of $1.98 and a 1-year high of $5.60. The company has a debt-to-equity ratio of 3.14, a current ratio of 1.75 and a quick ratio of 1.75. The stock has a market capitalization of $121.38 million, a price-to-earnings ratio of -0.63, a PEG ratio of 0.21 and a beta of 1.07. The company’s 50-day moving average price is $3.08 and its 200-day moving average price is $3.35.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Wall Street Zen cut TeleTech from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. William Blair lowered TeleTech from an “outperform” rating to a “market perform” rating in a research report on Monday, November 10th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of TeleTech in a research note on Wednesday, January 21st. Four investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, TeleTech currently has an average rating of “Reduce” and an average price target of $3.50.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Intech Investment Management LLC acquired a new position in TeleTech in the third quarter worth about $35,000. XTX Topco Ltd bought a new stake in shares of TeleTech in the 4th quarter valued at approximately $43,000. Quarry LP acquired a new position in shares of TeleTech in the 3rd quarter worth approximately $56,000. Jain Global LLC lifted its position in shares of TeleTech by 44.1% during the 4th quarter. Jain Global LLC now owns 17,970 shares of the business services provider’s stock worth $65,000 after buying an additional 5,498 shares during the period. Finally, Boothbay Fund Management LLC bought a new position in shares of TeleTech during the 3rd quarter worth approximately $74,000. 38.03% of the stock is currently owned by institutional investors and hedge funds.

TeleTech Company Profile

TTEC Holdings, Inc (NASDAQ: TTEC) is a global customer experience technology and services company that designs, builds and delivers transformative solutions for customer acquisition and engagement. Leveraging a combination of digital consulting, technology, analytics and operations services, TTEC helps clients across industries enhance their customer journeys, automate key processes and harness data-driven insights to foster loyalty and drive revenue growth.

The company’s core offerings span end-to-end customer engagement solutions, including customer experience (CX) strategy consulting, cloud migration, omni-channel contact center operations and managed services.