Atento (NYSE:ATTO) announced its quarterly earnings data on Wednesday. The business services provider reported $0.03 EPS for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.15), Fidelity Earnings reports. Atento had a positive return on equity of 9.19% and a negative net margin of 2.03%. The firm had revenue of $412.30 million during the quarter, compared to the consensus estimate of $423.60 million.
Shares of Atento stock traded up $0.07 during midday trading on Friday, hitting $2.86. 77,100 shares of the company were exchanged, compared to its average volume of 140,307. The company has a debt-to-equity ratio of 2.14, a current ratio of 1.46 and a quick ratio of 1.46. The firm has a market cap of $210.39 million, a P/E ratio of 3.71, a PEG ratio of 1.01 and a beta of 0.80. Atento has a 52 week low of $2.10 and a 52 week high of $6.18. The firm has a 50 day simple moving average of $2.85 and a 200-day simple moving average of $2.71.
A number of analysts have commented on the company. Barrington Research reiterated a “buy” rating and issued a $8.00 price objective on shares of Atento in a research report on Thursday, August 1st. ValuEngine downgraded Atento from a “buy” rating to a “hold” rating in a research report on Monday, November 4th. TheStreet downgraded Atento from a “c” rating to a “d” rating in a research report on Friday, July 19th. Finally, Zacks Investment Research upgraded Atento from a “sell” rating to a “hold” rating in a research report on Monday, October 7th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Atento currently has a consensus rating of “Hold” and an average price target of $5.17.
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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