In a report released today, George Sutton from Craig-Hallum maintained a Buy rating on TTEC Holdings (TTEC – Research Report). The company’s shares closed yesterday at $33.46.
Sutton covers the Technology sector, focusing on stocks such as Freightos Limited, Agilysys, and AudioEye. According to TipRanks, Sutton has an average return of 13.9% and a 51.58% success rate on recommended stocks.
Currently, the analyst consensus on TTEC Holdings is a Moderate Buy with an average price target of $42.75.
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Based on TTEC Holdings’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $633.29 million and a net profit of $20.92 million. In comparison, last year the company earned a revenue of $588.73 million and had a net profit of $33.4 million
Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TTEC in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
TTEC Holdings, Inc. is a digital global customer experience technology and services company focused on the design, implementation and delivery of transformative solutions for many of brands. The company operates through the following segments: TTEC Digital and TTEC Engage. TTEC Digital segment provides design, build and operate tech-enabled, insight-driven CX solutions. TTEC Engage segment provided digitally-enabled customer care, acquisition, and fraud prevention services. The company was founded by Kenneth D. Tuchman in 1982 and is headquartered in Englewood, CO.
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