Analysts expect Atento SA (NYSE:ATTO) to post earnings per share (EPS) of $0.17 for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Atento’s earnings. The lowest EPS estimate is $0.15 and the highest is $0.18. Atento posted earnings of $0.21 per share during the same quarter last year, which suggests a negative year over year growth rate of 19%. The business is expected to issue its next earnings report on Monday, March 18th.
On average, analysts expect that Atento will report full year earnings of $0.73 per share for the current financial year, with EPS estimates ranging from $0.70 to $0.75. For the next fiscal year, analysts forecast that the firm will post earnings of $0.72 per share, with EPS estimates ranging from $0.54 to $0.85. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that follow Atento.
Get Atento alerts:A number of research firms have recently weighed in on ATTO. ValuEngine raised Atento from a “strong sell” rating to a “sell” rating in a research note on Monday, February 4th. Credit Suisse Group raised Atento from a “neutral” rating to an “outperform” rating in a research note on Sunday, January 6th. TheStreet lowered Atento from a “c” rating to a “d+” rating in a research note on Tuesday, November 27th. Barrington Research set a $12.00 price objective on Atento and gave the company a “buy” rating in a research note on Wednesday, November 14th. Finally, Zacks Investment Research raised Atento from a “sell” rating to a “hold” rating in a research note on Tuesday, November 13th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $10.17.
Shares of NYSE:ATTO traded up $0.09 during trading on Monday, reaching $4.06. 68,003 shares of the company traded hands, compared to its average volume of 155,328. The firm has a market cap of $291.94 million, a PE ratio of 5.41, a price-to-earnings-growth ratio of 0.71 and a beta of 0.60. Atento has a 52-week low of $3.55 and a 52-week high of $10.10. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.53 and a current ratio of 1.53.
Several large investors have recently added to or reduced their stakes in the company. Millennium Management LLC purchased a new stake in shares of Atento during the fourth quarter valued at approximately $149,000. Squarepoint Ops LLC raised its holdings in shares of Atento by 81.8% during the fourth quarter. Squarepoint Ops LLC now owns 53,200 shares of the business services provider’s stock valued at $213,000 after acquiring an additional 23,931 shares in the last quarter. Two Sigma Advisers LP raised its holdings in shares of Atento by 48.9% during the fourth quarter. Two Sigma Advisers LP now owns 104,100 shares of the business services provider’s stock valued at $417,000 after acquiring an additional 34,200 shares in the last quarter. Two Sigma Investments LP raised its holdings in shares of Atento by 139.2% during the fourth quarter. Two Sigma Investments LP now owns 144,556 shares of the business services provider’s stock valued at $580,000 after acquiring an additional 84,127 shares in the last quarter. Finally, QS Investors LLC raised its holdings in shares of Atento by 4.3% during the fourth quarter. QS Investors LLC now owns 240,726 shares of the business services provider’s stock valued at $966,000 after acquiring an additional 9,879 shares in the last quarter. 88.41% of the stock is owned by hedge funds and other institutional investors.
About Atento
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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