Wall Street brokerages forecast that Atento SA (NYSE:ATTO) will post earnings of $0.25 per share for the current fiscal quarter, Zacks reports. Two analysts have made estimates for Atento’s earnings, with the lowest EPS estimate coming in at $0.20 and the highest estimate coming in at $0.30. Atento reported earnings of $0.19 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 31.6%. The firm is expected to report its next earnings results after the market closes on Monday, March 19th.
On average, analysts expect that Atento will report full-year earnings of $0.75 per share for the current year, with EPS estimates ranging from $0.68 to $0.83. For the next year, analysts anticipate that the company will post earnings of $0.85 per share, with EPS estimates ranging from $0.68 to $0.94. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that cover Atento.
ATTO has been the topic of a number of recent research reports. ValuEngine raised Atento from a “hold” rating to a “buy” rating in a research note on Wednesday, December 6th. Barrington Research set a $16.00 price target on Atento and gave the company a “buy” rating in a report on Wednesday, December 20th. Finally, BidaskClub downgraded Atento from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $14.50.
Atento (ATTO) traded up $0.02 during midday trading on Wednesday, hitting $9.57. The stock had a trading volume of 39,252 shares, compared to its average volume of 209,782. Atento has a 52-week low of $7.80 and a 52-week high of $12.90. The stock has a market capitalization of $702.14, a PE ratio of 68.21, a P/E/G ratio of 0.74 and a beta of -0.09. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.58 and a current ratio of 1.58.
Several large investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. bought a new position in shares of Atento during the second quarter valued at $115,000. State of Tennessee Treasury Department bought a new position in shares of Atento during the fourth quarter valued at $109,000. Globeflex Capital L P lifted its holdings in shares of Atento by 15.1% during the fourth quarter. Globeflex Capital L P now owns 117,323 shares of the business services provider’s stock valued at $1,191,000 after purchasing an additional 15,425 shares in the last quarter. Macquarie Group Ltd. lifted its holdings in shares of Atento by 33.7% during the fourth quarter. Macquarie Group Ltd. now owns 76,008 shares of the business services provider’s stock valued at $771,000 after purchasing an additional 19,138 shares in the last quarter. Finally, Smith Moore & CO. bought a new position in shares of Atento during the third quarter valued at $232,000. 95.08% of the stock is currently owned by hedge funds and other institutional investors.
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Atento SA is a provider of customer-relationship management and business-process outsourcing (CRM BPO) services and solutions in Latin America. The Company offers a portfolio of CRM BPO services, including customer care, sales, collections, back office and technical support. The Company operates through three segments: EMEA, Americas and Brazil.
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