Atento (NYSE:ATTO) Releases Earnings Results

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 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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Earnings History for Atento (NYSE:ATTO)

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