Shares of Atento (NYSE:ATTO) have been assigned a consensus rating of “Hold” from the seven analysts that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $12.38.
A number of equities research analysts have commented on the company. Goldman Sachs assumed coverage on Atento in a research report on Tuesday, April 3rd. They set a “neutral” rating and a $10.50 price objective for the company. ValuEngine lowered Atento from a “buy” rating to a “hold” rating in a research report on Thursday, March 22nd. Robert W. Baird decreased their price objective on Atento from $14.00 to $12.00 and set an “outperform” rating for the company in a research report on Wednesday, March 21st. Barrington Research decreased their price objective on Atento to $14.00 and set an “outperform” rating for the company in a research report on Wednesday, March 21st. Finally, Zacks Investment Research downgraded Atento from a “hold” rating to a “sell” rating in a research note on Tuesday, March 13th.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Compass Group LLC purchased a new stake in shares of Atento during the 4th quarter worth about $2,011,000. Macquarie Group Ltd. raised its stake in shares of Atento by 33.7% during the 4th quarter. Macquarie Group Ltd. now owns 76,008 shares of the business services provider’s stock worth $771,000 after purchasing an additional 19,138 shares in the last quarter. Millennium Management LLC purchased a new stake in shares of Atento during the 4th quarter worth about $521,000. Two Sigma Investments LP purchased a new stake in shares of Atento during the 4th quarter worth about $1,427,000. Finally, Two Sigma Advisers LP bought a new position in shares of Atento in the 4th quarter valued at approximately $320,000. 95.08% of the stock is owned by institutional investors.
NYSE ATTO traded up $0.17 during trading on Friday, reaching $8.02. 63,653 shares of the company’s stock were exchanged, compared to its average volume of 176,926. Atento has a fifty-two week low of $7.55 and a fifty-two week high of $12.90. The firm has a market capitalization of $569.10, a PE ratio of 10.67, a PEG ratio of 0.57 and a beta of 0.09. The company has a current ratio of 1.53, a quick ratio of 1.58 and a debt-to-equity ratio of 1.17.
Atento (NYSE:ATTO) last announced its quarterly earnings data on Monday, March 19th. The business services provider reported $0.21 EPS for the quarter, missing the Zacks’ consensus estimate of $0.25 by ($0.04). Atento had a positive return on equity of 13.57% and a negative net margin of 0.88%. The business had revenue of $478.30 million for the quarter, compared to analyst estimates of $486.19 million. During the same quarter in the previous year, the business posted $0.19 earnings per share. The company’s revenue was up 8.2% compared to the same quarter last year. research analysts anticipate that Atento will post 0.89 EPS for the current year.
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Atento Company Profile
Atento SA, together with its subsidiaries, provides customer relationship management and business process outsourcing services and solutions in Brazil, the Americas, Europe, the Middle East, and Africa. It offers a range of front and back-end services, including sales, customer care, collections, back office, applications-processing, credit-management, and technical support services.
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