Shares of TeleTech Holdings, Inc. (NASDAQ:TTEC) have been assigned an average broker rating score of 2.33 (Buy) from the three brokers that cover the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold rating and one has issued a strong buy rating on the company.

Analysts have set a twelve-month consensus price objective of $41.00 for the company and are expecting that the company will post $0.60 EPS for the current quarter, according to Zacks. Zacks has also given TeleTech Holdings an industry rank of 36 out of 265 based on the ratings given to related companies.

A number of brokerages recently commented on TTEC. Zacks Investment Research downgraded TeleTech Holdings from a “buy” rating to a “hold” rating in a research report on Saturday, August 19th. BidaskClub downgraded TeleTech Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, August 23rd. Finally, SunTrust Banks, Inc. restated a “hold” rating and issued a $43.00 target price on shares of TeleTech Holdings in a research report on Monday, October 9th.

TeleTech Holdings (TTEC) opened at $40.95 on Tuesday. TeleTech Holdings has a 1 year low of $27.10 and a 1 year high of $43.75. The company has a market capitalization of $1,829.38, a P/E ratio of 24.94, a P/E/G ratio of 2.28 and a beta of 0.91. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.13 and a current ratio of 2.13.

TeleTech Holdings (NASDAQ:TTEC) last announced its quarterly earnings data on Wednesday, November 8th. The business services provider reported $0.38 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.38. TeleTech Holdings had a return on equity of 19.24% and a net margin of 3.45%. The firm had revenue of $359.04 million for the quarter, compared to the consensus estimate of $348.94 million. During the same quarter last year, the business posted $0.39 earnings per share. The firm’s revenue was up 14.8% compared to the same quarter last year. analysts forecast that TeleTech Holdings will post 1.75 EPS for the current year.

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In other TeleTech Holdings news, SVP Steven C. Pollema sold 9,000 shares of TeleTech Holdings stock in a transaction on Monday, November 20th. The stock was sold at an average price of $40.00, for a total value of $360,000.00. The transaction was disclosed in a filing with the SEC, which is available at this link. 70.00% of the stock is owned by insiders.

Hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in TeleTech Holdings by 5.5% during the 1st quarter. Vanguard Group Inc. now owns 2,025,299 shares of the business services provider’s stock worth $59,949,000 after purchasing an additional 105,580 shares in the last quarter. Smith Asset Management Group LP acquired a new position in TeleTech Holdings during the 2nd quarter worth $3,153,000. Goldman Sachs Group Inc. grew its stake in TeleTech Holdings by 146.9% during the 2nd quarter. Goldman Sachs Group Inc. now owns 127,711 shares of the business services provider’s stock worth $5,211,000 after purchasing an additional 75,993 shares in the last quarter. Acadian Asset Management LLC grew its stake in TeleTech Holdings by 1,138.5% during the 2nd quarter. Acadian Asset Management LLC now owns 52,810 shares of the business services provider’s stock worth $2,155,000 after purchasing an additional 48,546 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new position in TeleTech Holdings during the 2nd quarter worth $1,898,000. Hedge funds and other institutional investors own 26.03% of the company’s stock.

About TeleTech Holdings

TeleTech Holdings, Inc (TeleTech) is a customer service provider that delivers consulting, technology, growth and customer care solutions on a global scale. The Company operates through four segments: Customer Management Services (CMS), Customer Growth Services (CGS), Customer Technology Services (CTS) and Customer Strategy Services (CSS).

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