TTEC Stock Summary and Trading Ideas (Ttec Holdings | NASDAQ:TTEC)

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.

Ttec Holdings trades on the NASDAQ stock market under the symbol TTEC.

As of April 18, 2024, TTEC stock price climbed to $8.10 with 361,784 million shares trading.

TTEC has a beta of 1.48, meaning it tends to be more sensitive to market movements. TTEC has a correlation of 0.10 to the broad based SPY ETF.

TTEC has a market cap of $384.08 million. This is considered a Small Cap stock.

Last quarter Ttec Holdings reported $626 million in Revenue and $.37 earnings per share. This beat revenue expectation by $23 million and missed earnings estimates by -$.02.

In the last 3 years, TTEC stock traded as high as $113.37 and as low as $7.80.

The top ETF exchange traded funds that TTEC belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.

TTEC has underperformed the market in the last year with a price return of -75.6% while the SPY ETF gained +22.2%. TTEC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -58.8% and -6.5%, respectively, while the SPY returned +5.2% and -2.6%, respectively.

TTEC support price is $7.54 and resistance is $8.24 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TTEC stock will trade within this expected range on the day.