TeleTech Holdings (TTEC) Getting Somewhat Positive News Coverage, Analysis Finds

Media stories about TeleTech Holdings (NASDAQ:TTEC) have been trending somewhat positive on Sunday, Alpha One reports. The research firm, a subsidiary of Accern, ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TeleTech Holdings earned a media sentiment score of 0.15 on Alpha One’s scale. Alpha One also assigned news headlines about the business services provider an impact score of 52 out of 100, meaning that recent media coverage is somewhat likely to have an impact on the company’s share price in the near term.

These are some of the headlines that may have impacted Alpha One’s scoring:

Insider Buying and Selling by Quarter for TeleTech Holdings (NASDAQ:TTEC)

TeleTech Holdings (NASDAQ:TTEC) traded down 3.31% on Friday, hitting $40.95. 304,298 shares of the stock traded hands. The stock has a market cap of $1.87 billion, a price-to-earnings ratio of 45.96 and a beta of 0.91. The firm’s 50-day moving average price is $38.27 and its 200-day moving average price is $32.21. TeleTech Holdings has a 12-month low of $24.45 and a 12-month high of $42.90.

TeleTech Holdings (NASDAQ:TTEC) last announced its quarterly earnings data on Tuesday, May 9th. The business services provider reported $0.42 EPS for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.07. TeleTech Holdings had a return on equity of 18.07% and a net margin of 3.19%. The firm had revenue of $338.28 million during the quarter, compared to analyst estimates of $324.39 million. During the same period last year, the company posted $0.25 EPS. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. On average, equities research analysts anticipate that TeleTech Holdings will post $1.76 EPS for the current fiscal year.

Several equities research analysts recently issued reports on TTEC shares. Zacks Investment Research cut shares of TeleTech Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, March 14th. TheStreet raised shares of TeleTech Holdings from a “c+” rating to a “b” rating in a research note on Thursday, May 11th.

WARNING: “TeleTech Holdings (TTEC) Getting Somewhat Positive News Coverage, Analysis Finds” was originally posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this piece on another domain, it was stolen and reposted in violation of US and international trademark and copyright laws. The original version of this piece can be read at https://www.chaffeybreeze.com/2017/06/18/somewhat-favorable-media-coverage-somewhat-likely-to-affect-teletech-holdings-ttec-stock-price-updated-updated.html.

In related news, EVP Robert N. Jimenez sold 6,500 shares of the business’s stock in a transaction on Thursday, June 1st. The stock was sold at an average price of $42.58, for a total value of $276,770.00. Following the sale, the executive vice president now owns 9,390 shares of the company’s stock, valued at approximately $399,826.20. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Shrikant Mehta sold 15,000 shares of TeleTech Holdings stock in a transaction on Thursday, May 18th. The shares were sold at an average price of $39.61, for a total value of $594,150.00. Following the completion of the transaction, the director now owns 76,509 shares of the company’s stock, valued at approximately $3,030,521.49. The disclosure for this sale can be found here. Insiders sold a total of 22,817 shares of company stock worth $926,247 over the last three months. 70.00% of the stock is owned by company insiders.

TeleTech Holdings Company Profile

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).

Receive News & Ratings for TeleTech Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TeleTech Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply