Atento (NYSE:ATTO) hit a new 52-week high and low during mid-day trading on Tuesday . The company traded as low as $6.67 and last traded at $7.00, with a volume of 266982 shares traded. The stock had previously closed at $7.00.
ATTO has been the topic of a number of recent analyst reports. Barrington Research set a $14.00 price target on shares of Atento and gave the stock a “buy” rating in a report on Friday. Zacks Investment Research lowered shares of Atento from a “hold” rating to a “sell” rating in a report on Tuesday, March 13th. ValuEngine lowered shares of Atento from a “buy” rating to a “hold” rating in a report on Thursday, March 22nd. Goldman Sachs initiated coverage on shares of Atento in a report on Tuesday, April 3rd. They issued a “neutral” rating and a $10.50 price target on the stock. Finally, Robert W. Baird dropped their target price on shares of Atento from $14.00 to $12.00 and set an “outperform” rating for the company in a research report on Wednesday, March 21st. Three analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $12.70.
The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 1.16. The stock has a market capitalization of $524.75 million, a P/E ratio of 9.33, a PEG ratio of 0.55 and a beta of 0.09.
Atento (NYSE:ATTO) last posted its earnings results on Monday, May 7th. The business services provider reported $0.10 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.07). Atento had a positive return on equity of 13.54% and a negative net margin of 0.88%. The company had revenue of $490.40 million during the quarter, compared to analysts’ expectations of $473.67 million. analysts predict that Atento will post 0.86 EPS for the current year.
Several large investors have recently bought and sold shares of ATTO. State of Tennessee Treasury Department purchased a new stake in shares of Atento in the 4th quarter worth about $109,000. Virtu Financial LLC purchased a new stake in shares of Atento in the 4th quarter worth about $235,000. Citadel Advisors LLC purchased a new stake in shares of Atento in the 4th quarter worth about $292,000. Two Sigma Advisers LP purchased a new stake in shares of Atento in the 4th quarter worth about $320,000. Finally, Balter Liquid Alternatives LLC purchased a new position in Atento during the 4th quarter valued at about $445,000. 95.86% of the stock is owned by hedge funds and other institutional investors.
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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