TeleTech (NASDAQ:TTEC) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

TeleTech Holdings, Inc. (NASDAQ:TTEC) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.26 and traded as high as $3.48. TeleTech shares last traded at $3.05, with a volume of 871,197 shares trading hands.

Wall Street Analyst Weigh In

TTEC has been the topic of a number of research analyst reports. Wall Street Zen raised shares of TeleTech from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Zacks Research upgraded shares of TeleTech from a “hold” rating to a “strong-buy” rating in a report on Monday, March 9th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of TeleTech in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

TeleTech Trading Down 9.5%

The business has a 50-day moving average of $2.86 and a 200-day moving average of $3.26. The stock has a market capitalization of $148.14 million, a price-to-earnings ratio of -0.77, a PEG ratio of 0.46 and a beta of 1.08. The company has a debt-to-equity ratio of 8.02, a quick ratio of 1.89 and a current ratio of 1.89.

TeleTech (NASDAQ:TTEC) last released its quarterly earnings results on Thursday, February 26th. The business services provider reported $0.47 EPS for the quarter, topping the consensus estimate of $0.39 by $0.08. The company had revenue of $569.96 million for the quarter, compared to analyst estimates of $514.53 million. TeleTech had a positive return on equity of 16.24% and a negative net margin of 9.01%.TeleTech has set its FY 2026 guidance at 1.060-1.320 EPS. As a group, research analysts forecast that TeleTech Holdings, Inc. will post 0.33 EPS for the current year.

Institutional Trading of TeleTech

Institutional investors and hedge funds have recently bought and sold shares of the business. Intech Investment Management LLC acquired a new stake in TeleTech during the 3rd quarter worth $35,000. Skandinaviska Enskilda Banken AB publ acquired a new position in TeleTech in the second quarter valued at $39,000. XTX Topco Ltd acquired a new position in TeleTech in the fourth quarter valued at $43,000. Harvest Management LLC purchased a new stake in shares of TeleTech in the second quarter valued at about $48,000. Finally, Quarry LP purchased a new stake in shares of TeleTech in the third quarter valued at about $56,000. Hedge funds and other institutional investors own 38.03% of the company’s stock.

About TeleTech

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.