Barrington analyst Vincent Colicchio has maintained their neutral stance on TTEC stock, giving a Hold rating on August 14.
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Vincent Colicchio has given his Hold rating due to a combination of factors influencing TTEC Holdings’ performance. The company’s revenue for Q2/25 exceeded expectations, coming in at $513.6 million, which was higher than both the internal and consensus forecasts. However, despite this positive revenue performance, there was a year-over-year decline in total revenue and sequential declines in both TTEC Engage and TTEC Digital segments.
Moreover, while the company’s non-GAAP EPS met the forecast, the adjusted EBITDA fell short of expectations, indicating some operational challenges. Additionally, the decision by the Chairman and CEO not to pursue an acquisition due to market conditions adds uncertainty to the company’s strategic direction. Given these mixed results and the high business risks involved, Colicchio has maintained a Hold rating, reflecting a cautious stance on the stock’s future performance.
Colicchio covers the Technology sector, focusing on stocks such as Asure, Information Services Group, and The Hackett Group. According to TipRanks, Colicchio has an average return of 10.5% and a 56.36% success rate on recommended stocks.
In another report released on August 14, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $3.50 price target.