TTEC Holdings Inc [NASDAQ: TTEC] gained 52.60% on the last trading session, reaching $4.99 price per share at the time.
If compared to the average trading volume of 341.28K shares, TTEC reached a trading volume of 17132759 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about TTEC Holdings Inc [TTEC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TTEC shares is $5.73 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TTEC stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Guggenheim have made an estimate for TTEC Holdings Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 01, 2024. While these analysts kept the previous recommendation, Guggenheim raised their target price to Sell. The new note on the price target was released on March 19, 2024, representing the official price target for TTEC Holdings Inc stock.
The Average True Range (ATR) for TTEC Holdings Inc is set at 0.36, with the Price to Sales ratio for TTEC stock in the period of the last 12 months amounting to 0.11. The Price to Book ratio for the last quarter was 0.95, with the Price to Cash per share for the same quarter was set at 1.78.
Trading performance analysis for TTEC stock
TTEC Holdings Inc [TTEC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 51.21. With this latest performance, TTEC shares gained by 45.48% in over the last four-week period, additionally sinking by -14.99% over the last 6 months – not to mention a drop of -51.17% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TTEC stock in for the last two-week period is set at 72.70, with the RSI for the last a single of trading hit 78.48, and the three-weeks RSI is set at 67.89 for TTEC Holdings Inc [TTEC]. The present Moving Average for the last 50 days of trading for this stock 3.59, while it was recorded at 3.70 for the last single week of trading, and 4.88 for the last 200 days.
TTEC Holdings Inc [TTEC]: A deeper dive into fundamental analysis
TTEC Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.75 and a Current Ratio set at 1.75.
TTEC Holdings Inc [TTEC]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TTEC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for TTEC Holdings Inc go to 14.65%.
An analysis of Institutional ownership at TTEC Holdings Inc [TTEC]
There are presently around $38.63%, or 94.21%% of TTEC stock, in the hands of institutional investors. The top three institutional holders of TTEC stocks are: VANGUARD GROUP INC with ownership of 1.97 million shares, which is approximately 4.1483%. BLACKROCK INC., holding 1.76 million shares of the stock with an approximate value of $$10.34 million in TTEC stocks shares; and BLACKROCK INC., currently with $$6.94 million in TTEC stock with ownership which is approximately 2.4817%.
