TTEC HoldingsTTEC
Market Cap: $212M
About: TTEC Holdings Inc provides customer engagement management tools and services. The company operates through four operating segments that are organized into two groups, TTEC Digital and TTEC Engage. TTEC Digital is engaged in building and implementing cloud-based and on-premises customer experience tools that enable clients to develop customer engagement strategies. TTEC Engage focuses on delivering sales and marketing solutions to help clients boost their revenue as well as on managing customer's front-to-back office processes to optimize the customer experience. TTEC Engage contributes the vast majority of the company's revenue, and most of the sales are derived from the United States and Canada, followed by Philippines, Asia-Pacific and India.
Employees: 60,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
40% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 42
3.03% less ownership
Funds ownership: 40.24% [Q1] → 37.21% (-3.03%) [Q2]
16% less call options, than puts
Call options by funds: $678K | Put options by funds: $804K
18% less funds holding
Funds holding: 165 [Q1] → 136 (-29) [Q2]
47% less capital invested
Capital invested by funds: $198M [Q1] → $104M (-$93.9M) [Q2]
53% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 55
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Northland Capital Markets Michael Latimore 35% 1-year accuracy 6 / 17 met price target | 260%upside $16 | Outperform Maintained | 13 Aug 2024 |
Canaccord Genuity Joseph Vafi 44% 1-year accuracy 34 / 78 met price target | 1%upside $4.50 | Hold Maintained | 13 Aug 2024 |