In the latest session, TTEC Holdings Inc (NASDAQ: TTEC) closed at $13.87 down -20.52% from its previous closing price of $17.45. In other words, the price has decreased by -$3.58 from its previous closing price. On the day, 1001764 shares were traded.
Ratios:
For a deeper understanding of TTEC Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.55. 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.
On August 14, 2023, Morgan Stanley Upgraded its rating to Equal-Weight which previously was Underweight but kept the price unchanged to $31.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 01 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. The Director now owns 33,229 shares after completing the transaction at $31.40 per share. On May 31, 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 658.25M and an Enterprise Value of 1.61B. As of this moment, TTEC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 77.97, and their Forward P/E ratio for the next fiscal year is 8.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at 0.64 whereas that against EBITDA is 6.20.
Stock Price History:
Over the past 52 weeks, TTEC has reached a high of $41.74, while it has fallen to a 52-week low of $15.27. The 50-Day Moving Average of the stock is 19.78, while the 200-Day Moving Average is calculated to be 25.56.
Shares Statistics:
For the past three months, TTEC has traded an average of 218.97K shares per day and 274.2k over the past ten days. A total of 47.43M shares are outstanding, with a floating share count of 19.16M. Insiders hold about 59.61% of the company’s shares, while institutions hold 38.25% stake in the company. Shares short for TTEC as of Feb 15, 2024 were 1.5M with a Short Ratio of 6.86, compared to 1.51M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.17% and a Short% of Float of 7.74%.
Dividends & Splits
According to the company, the forward annual dividend rate for TTEC is 1.04, from 1.04 in the trailing year. Against a Trailing Annual Dividend Yield of 5.96%, it implies a Forward Annual Dividend Yield of 0.86%. The stock’s 5-year Average Dividend Yield is 1.91.
Earnings Estimates
There are 6 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.39 for the current quarter, with a high estimate of $0.41 and a low estimate of $0.36, while EPS last year was $0.89. The consensus estimate for the next quarter is $0.41, with high estimates of $0.49 and low estimates of $0.32.
Analysts are recommending an EPS of between $2.21 and $2.16 for the fiscal current year, implying an average EPS of $2.19. EPS for the following year is $2.21, with 6 analysts recommending between $2.43 and $1.95.
Revenue Estimates
A total of 6 analysts believe the company’s revenue will be $626.18M this quarter.It ranges from a high estimate of $606.38M to a low estimate of $598.62M. As of the current estimate, TTEC Holdings Inc’s year-ago sales were $658.28M, an estimated decrease of -4.90% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $593.94M, a decrease of -6.20% less than the figure of -$4.90% in the same quarter last year. There is a high estimate of $609.81M for the next quarter, whereas the lowest estimate is $582.82M.
A total of 6 analysts have provided revenue estimates for TTEC’s current fiscal year. The highest revenue estimate was $2.44B, while the lowest revenue estimate was $2.44B, resulting in an average revenue estimate of $2.46B. In the same quarter a year ago, actual revenue was $2.44B, up 0.80% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $2.45B in the next fiscal year. The high estimate is $2.51B and the low estimate is $2.4B. The average revenue growth estimate for next year is down -0.40% from the average revenue estimate for this year.
