While TTEC Holdings Inc has underperformed by -0.61%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, TTEC fell by -68.47%, with highs and lows ranging from $10.61 to $3.11, whereas the simple moving average fell by -33.04% in the last 200 days.
On October 01, 2024, Guggenheim Upgraded TTEC Holdings Inc (NASDAQ: TTEC) to Neutral. A report published by Guggenheim on March 19, 2024, Initiated its previous ‘Sell’ rating for TTEC. Barrington Research November 10, 2023d its ‘Mkt Perform’ rating to ‘Outperform’ for TTEC, as published in its report on November 10, 2023. Morgan Stanley’s report from August 14, 2023 suggests a price prediction of $31 for TTEC shares, giving the stock a ‘Equal-Weight’ rating. Barrington Research also rated the stock as ‘Mkt Perform’.
Analysis of TTEC Holdings Inc (TTEC)
It’s important to note that TTEC shareholders are currently getting $0.06 per share in dividends, so investors will receive a return regardless of how the company performs. Further, the quarter-over-quarter decrease in sales is -9.19%, showing a negative trend in the upcoming months.
TTEC Holdings Inc’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of -75.62% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.75, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can be an extremely valuable indicator of volatility, and TTEC is registering an average volume of 336.07K. On a monthly basis, the volatility of the stock is set at 6.98%, whereas on a weekly basis, it is put at 5.73%, with a loss of -3.25% over the past seven days. Furthermore, long-term investors anticipate a median target price of $5.73, showing growth from the present price of $3.27, which can serve as yet another indication of whether TTEC is worth investing in or should be passed over.
How Do You Analyze TTEC Holdings Inc Shares?
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 59.04%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 38.14% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
