One of the most dreaded feelings for an investor is when the stock they just bought is overvalued, or they missed out on an undervalued opportunity by not acting fast enough.

But what if you had the insights to effectively evaluate a company like TTEC Holdings Inc before investing? Investing requires a certain perspective to avoid being overly confident in a company or worried about cyclical changes. A smart way to take the guesswork out of knowing when to buy or sell TTEC Holdings Inc’s stock is to have the right tools and resources as well as a clear monitoring process.

In this article, we go over a few key elements for understanding TTEC Holdings Inc’s stock price such as:

• Current stock price and volume
• Stock price history
• Upgrades and downgrades from analysts
• Stock price momentum as measured by its relative strength

About TTEC Holdings Inc (TTEC)

Before we jump into TTEC Holdings Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

TTEC Holdings, Inc. is a customer experience (CX) technology and services company. It also provides tolling and transportation. It operates through two segments: TTEC Digital and TTEC Engage. TTEC Digital segment is engaged in designing, building, and operating robust digital experiences for clients and its customers through the contextual integration and orchestration of customer relationship management (CRM), data, analytics, customer experience as a service (CXaaS) technology, and intelligent automation. The TTEC Engage segment provides the digitally enabled CX managed services and delivers omnichannel customer care, technical support, order fulfillment, customer acquisition, growth, and retention services with industry specialization and CX capabilities for its brands. Its TTEC Engage segment also delivers digitally enabled back office and industry-specific specialty services, including artificial intelligence (AI) operations, content moderation, and fraud management services.

Want to learn more about TTEC Holdings Inc’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about TTEC Holdings Inc. The AAII Stock Evaluator puts a company’s grades, charts, news, financials, valuation, ratios, filings and more at your fingertips.

TTEC Holdings Inc’s Stock Price as of Market Close

As of February 28, 2023, 4:00 PM CST, TTEC Holdings Inc’s stock price was $40.26.

TTEC Holdings Inc is down 15.9% from its previous closing price of $47.87.

During the last market session, TTEC Holdings Inc’s stock traded between $47.57 and $48.31. Currently, there are 47.21 million shares of TTEC Holdings Inc stock available for purchase.

TTEC Holdings Inc’s price-earnings (P/E) ratio is currently at 20.7, which is low compared to the IT Services & Consulting industry median of 24.2. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

TTEC Holdings Inc Stock Price History

TTEC Holdings Inc’s (TTEC) price is currently down 20.81% so far this month.

During the month of February, TTEC Holdings Inc’s stock price has reached a high of $54.20 and a low of $40.02.

Over the last year, TTEC Holdings Inc has hit prices as high as $88.48 and as low as $39.50. Year to date, TTEC Holdings Inc’s stock is down 55.54%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused TTEC Holdings Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of February 27, 2023, there were 2 analysts who downgraded TTEC Holdings Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate TTEC Holdings Inc’s financial health and valuation. It is possible for a stock to appear cheap based on one valuation metric but appear expensive on another. It is also possible for one valuation ratio to be associated with outperforming stocks during certain periods of time but not others.

Therefore, AAII developed a composite valuation to help resolve such issues. AAII’s Value Grade analyzes six distinct variables: price-to-sales (P/S) ratio, price-earnings (P/E) ratio, the ratio of enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA), shareholder yield, price-to-book-value (P/B) ratio and price-to-free-cash-flow (P/FCF) ratio.

TTEC Holdings Inc’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about TTEC Holdings Inc (TTEC) by visiting AAII Stock Evaluator.

Relative Price Strength of TTEC Holdings Inc

Relative price strength addresses the relationship between a stock price’s trend and the price trend of the market. This ratio is expressed as a percentage and helps investors understand a company’s momentum as well as its value. You can use relative price strength to select investments that have been outperforming the market or a specific benchmark.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. The weighted four-quarter relative price strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40%, and each of the three previous quarters are given a weighting of 20%.

As of February 27, 2023, TTEC Holdings Inc has a weighted four-quarter relative price strength of -7.06%, which translates to a Momentum Score of 28 and is considered to be Weak.

Want to learn more about how TTEC Holdings Inc is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

TTEC Holdings Inc Stock Price: Bottom Line

As of February 28, 2023, TTEC Holdings Inc’s stock price is $40.26, which is down 15.9% from its previous closing price.

At AAII, we stress that investors should never buy or sell a stock solely based on its stock price. Past returns do not guarantee future performance. Therefore, you should consider multiple ratios, fundamentals and analytics before making a decision. Whether you decide it’s a good time to buy or sell TTEC Holdings Inc’s stock based on its stock price forecast is ultimately up to you.

It’s important to understand that stock prices are driven by a variety of factors, but ultimately the price at any given moment is due to the supply and demand in the market. Stock price overviews, like the one you just read, only give you a small snapshot of a company’s performance, value and momentum.

By becoming an A+ Investor subscriber, you will have full access to analytics, grades, stock screens, commentary and more so you can invest with confidence.