TTEC (TTEC) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TTEC in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TTEC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TTEC, but not buy additional shares or sell existing shares.
View TTEC analyst ratings or view top-rated stocks.

3 brokers have issued 12 month price targets for TTEC's shares. Their TTEC share price forecasts range from $40.00 to $100.00. On average, they predict the company's stock price to reach $53.57 in the next year. This suggests a possible upside of 84.0% from the stock's current price.
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TTEC's stock was trading at $44.13 on January 1st, 2023. Since then, TTEC shares have decreased by 34.0% and is now trading at $29.12.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our TTEC earnings forecast.

TTEC Holdings, Inc. (NASDAQ:TTEC) announced its quarterly earnings data on Tuesday, November, 9th. The business services provider reported $1.01 earnings per share for the quarter, topping analysts' consensus estimates of $0.67 by $0.34. The business services provider earned $566.73 million during the quarter, compared to the consensus estimate of $567 million. TTEC had a trailing twelve-month return on equity of 21.17% and a net margin of 2.59%. During the same quarter last year, the business earned $0.90 EPS.

TTEC declared a Semi-Annual dividend on Thursday, February 23rd. Investors of record on Friday, March 31st will be paid a dividend of $0.52 per share on Thursday, April 20th. This represents a dividend yield of 2.5%. The ex-dividend date is Thursday, March 30th.
Read our dividend analysis for TTEC.

ProShares S&P Technology Dividend Aristocrats ETF holds 132,044 shares of TTEC stock, representing 2.10% of its portfolio.

TTEC (NASDAQ:TTEC) pays an annual dividend of $1.04 per share and currently has a dividend yield of 3.57%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 76.47%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, TTEC will have a dividend payout ratio of 40.78% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TTEC.

TTEC issued an update on its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of $0.38-$0.47 for the period, compared to the consensus earnings per share estimate of $0.56. The company issued revenue guidance of $593.00 million-$613.00 million, compared to the consensus revenue estimate of $610.22 million.

1,770 employees have rated TTEC Chief Executive Officer Kenneth D. Tuchman on Glassdoor.com. Kenneth D. Tuchman has an approval rating of 76% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other TTEC investors own include Home Depot (HD), Honeywell International (HON), QUALCOMM (QCOM), Verizon Communications (VZ), Cisco Systems (CSCO), CVS Health (CVS), RTX (RTX), Johnson & Johnson (JNJ), Pfizer (PFE) and Procter & Gamble (PG).

TTEC trades on the NASDAQ under the ticker symbol "TTEC."

TTEC's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.48%), Copeland Capital Management LLC (2.53%), Dimensional Fund Advisors LP (2.45%), Envestnet Asset Management Inc. (1.71%), Geode Capital Management LLC (0.87%) and Bank of New York Mellon Corp (0.73%). Insiders that own company stock include Gregory A Conley, Judi Hand, Kenneth D Tuchman, Kenneth D Tuchman, Marc Holtzman, Margaret B Mclean, Martin F Deghetto and Robert N Frerichs.
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Shares of TTEC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TTEC stock can currently be purchased for approximately $29.12.

TTEC (NASDAQ:TTEC) has a market capitalization of $1.38 billion and generates $2.44 billion in revenue each year. The business services provider earns $103.24 million in net income (profit) each year or $1.36 on an earnings per share basis.

The company employs 69,400 workers across the globe.

TTEC's mailing address is 9197 S PEORIA STREET, ENGLEWOOD CO, 80112. The official website for the company is www.ttec.com. The business services provider can be reached via phone at (303) 397-8100, via email at investor.relations@ttec.com, or via fax at 303-397-8199.