At the time of writing, TTEC Holdings Inc [TTEC] stock is trading at $5.87, up 44.94%. An important factor to consider is whether the stock is rising or falling in short-term value. The TTEC shares have gain 46.02% over the last week, with a monthly amount glided 9.51%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
TTEC Holdings Inc [NASDAQ: TTEC] stock has seen the most recent analyst activity on March 19, 2024, when Guggenheim initiated its Sell rating and assigned the stock a price target of $8. Previously, Canaccord Genuity downgraded its rating to Hold on March 06, 2024. On March 04, 2024, downgrade downgraded it’s rating to Mkt Perform. Barrington Research upgraded its rating to a Outperform but stick to its price target of $18 on November 10, 2023. Morgan Stanley upgraded its rating to a Equal-Weight but $31 remained the price target by the analyst firm on August 14, 2023. Barrington Research downgraded its rating to Mkt Perform for this stock on March 02, 2023. In a note dated October 10, 2022, BofA Securities downgraded an Neutral rating on this stock and revised its target price from $68 to $48.
For the past year, the stock price of TTEC Holdings Inc fluctuated between $3.67 and $28.38. Currently, Wall Street analysts expect the stock to reach $35.67 within the next 12 months. TTEC Holdings Inc [NASDAQ: TTEC] shares were valued at $5.87 at the most recent close of the market. An investor can expect a potential return of 507.67% based on the average TTEC price forecast.
Analyzing the TTEC fundamentals
According to TTEC Holdings Inc [NASDAQ:TTEC], the company’s sales were 2.34B for trailing twelve months, which represents an -10.98% plunge. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.13%. To continue investigating profitability, this company’s Return on Assets is posted at -0.17, Equity is -0.61 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.37.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.28 points at the first support level, and at 4.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.20, and for the 2nd resistance point, it is at 6.54.
Ratios To Look Out For
It is important to note that TTEC Holdings Inc [NASDAQ:TTEC] has a current ratio of 1.56. On the other hand, the Quick Ratio is 1.56, and the Cash Ratio is 0.26. Considering the valuation of this stock, the price to sales ratio is 0.12, the price to book ratio is 0.98.
