Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $31.50 on TeleTech Holdings, Inc. (NASDAQ:TTEC) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $1.62 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of TeleTech Holdings, Inc. (NASDAQ:TTEC) stands at 28.15.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For TeleTech Holdings, Inc., the PEG ratio for coming 3-5 years is 1.83.
The technical analysis highlights that TeleTech Holdings, Inc. current is trading $1.31 points away or +4.63% from its 50-day moving average of $28.25. Further it is trading $2.08 or +7.57% away its 200-day moving average of $27.48.
The 52-week high of TeleTech Holdings, Inc. (NASDAQ:TTEC) was $30.75 while lowest point recorded in 52-week was $24.19. It implies if stock price makes a movement of over $-1.19, it will record a new 52-week high. In the case of +22.20% drop, it will touch a new 52-week low.
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