Atento (ATTO) set to release results on Wednesday
Atento (NYSE:ATTO – Get Rating) is expected to release quarterly results after market close on Wednesday, March 30. Analysts expect Atento to post earnings of $0.17 per share for the quarter. Those interested in registering for the company’s earnings conference call can do so using this link.
ATTO stock opened at $29.43 on Wednesday. The company has a market capitalization of $441.45 million, a P/E ratio of -7.59, a P/E/G ratio of 0.97 and a beta of 1.44. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt ratio of 19.16. Atento has a 1-year minimum of $18.75 and a 1-year maximum of $30.48. The company has a 50-day moving average of $25.30.
A hedge fund recently increased its stake in Atento shares. Morgan Stanley increased its stake in shares of Atento SA (NYSE: ATTO – Get Rating) by 1.0% in the second quarter, according to its latest communication with the SEC. The institutional investor held 122,228 shares of the business services provider after acquiring an additional 1,224 shares during the period. Morgan Stanley owned 0.81% of Atento worth $3,134,000 at the end of the last quarter.
A number of equity research analysts have recently commented on ATTO shares. Zacks Investment Research upgraded Atento’s shares from a “buy” rating to a “hold” rating in a Thursday, February 3, report. StockNews.com began covering Atento shares in a Wednesday, March 2 report. They set a “buy” rating on the stock. Two analysts rated the stock with a hold rating and two assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $29.33.
About Atento (Get an evaluation)
Atento SA is engaged in the provision of customer relationship management business process outsourcing services and solutions. The company offers front-end and back-end services ranging from sales and application processing to customer service and credit management. It operates through the following geographic segments: Europe, Middle East and Africa (EMEA), Americas and Brazil.
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