As of close of business last night, TTEC Holdings Inc’s stock clocked out at $10.40, up 9.36% from its previous closing price of $9.51. In other words, the price has increased by $+0.89 from its previous closing price. On the day, 662796 shares were traded.
Ratios:
To gain a deeper understanding of TTEC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.41. For the most recent quarter (mrq), Quick Ratio is recorded 1.61 and its Current Ratio is at 1.61. In the meantime, Its Debt-to-Equity ratio is 1.89 whereas as Long-Term Debt/Eq ratio is at 1.83.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Guggenheim on March 19, 2024, initiated with a Sell rating and assigned the stock a target price of $8.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 01 ’23 when Holtzman Marc bought 300 shares for $32.32 per share. The transaction valued at 9,696 led to the insider holds 300 shares of the business.
Holtzman Marc bought 7,960 shares of TTEC for $249,943 on May 31 ’23. The Director now owns 33,229 shares after completing the transaction at $31.40 per share. On May 31 ’23, another insider, Holtzman Marc, who serves as the Director of the company, bought 1,175 shares for $31.21 each. As a result, the insider paid 36,671 and bolstered with 1,425 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TTEC now has a Market Capitalization of 493.25M and an Enterprise Value of 1.45B. As of this moment, TTEC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 58.46, and their Forward P/E ratio for the next fiscal year is 5.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 0.59 whereas that against EBITDA is 6.58.
Stock Price History:
Over the past 52 weeks, TTEC has reached a high of $38.09, while it has fallen to a 52-week low of $9.44. The 50-Day Moving Average of the stock is 16.17, while the 200-Day Moving Average is calculated to be 23.54.
Shares Statistics:
It appears that TTEC traded 277.79K shares on average per day over the past three months and 461.43k shares per day over the past ten days. A total of 47.43M shares are outstanding, with a floating share count of 19.14M. Insiders hold about 59.63% of the company’s shares, while institutions hold 38.25% stake in the company. Shares short for TTEC as of Feb 29, 2024 were 1.66M with a Short Ratio of 6.93, compared to 1.59M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.51% and a Short% of Float of 8.56%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.04, TTEC has a forward annual dividend rate of 1.04. Against a Trailing Annual Dividend Yield of 10.94%, it implies a Forward Annual Dividend Yield of 1.15%. The stock’s 5-year Average Dividend Yield is 1.91.
Earnings Estimates
As of right now, 7 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.3 for the current quarter, with a high estimate of $0.31 and a low estimate of $0.28, while EPS last year was $0.78. The consensus estimate for the next quarter is $0.32, with high estimates of $0.38 and low estimates of $0.26.
Analysts are recommending an EPS of between $1.56 and $1.3 for the fiscal current year, implying an average EPS of $1.47. EPS for the following year is $1.89, with 6 analysts recommending between $2.36 and $1.67.
Revenue Estimates
In the current quarter, 7 analysts expect revenue to total $564.41M. It ranges from a high estimate of $569.23M to a low estimate of $559.77M. As of the current estimate, TTEC Holdings Inc’s year-ago sales were $633.29M, an estimated decrease of -10.90% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $557.6M, a decrease of -7.10% over than the figure of -$10.90% in the same quarter last year. There is a high estimate of $573.82M for the next quarter, whereas the lowest estimate is $541.28M.
A total of 7 analysts have provided revenue estimates for TTEC’s current fiscal year. The highest revenue estimate was $2.33B, while the lowest revenue estimate was $2.28B, resulting in an average revenue estimate of $2.31B. In the same quarter a year ago, actual revenue was $2.46B, down -6.20% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $2.39B in the next fiscal year. The high estimate is $2.43B and the low estimate is $2.36B. The average revenue growth estimate for next year is up 3.30% from the average revenue estimate for this year.
