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Wait (NYSE: ATTOGet a rating) has been upgraded by Zacks Investment Research from a “sell” to a “hold” rating in a note released Wednesday to investors, Zacks.com reports.

According to Zacks, “Atento SA is a provider of customer relationship management and business process outsourcing (CRM BPO) services in Latin America and Spain. Its CRM BPO services include customer service, sales, credit management, technical support, back office and service desk, as well as other BPO process services, such as training activities, workstations, implementation of interactive voice response port, telecommunications infrastructure, application development. , and others. The Company’s clients are mainly multinational corporations in sectors such as telecommunications, banking and finance, healthcare, consumer and public administration, among others. Atento SA is based in Luxembourg. “

ATTO has been the subject of a number of other reports. TheStreet downgraded Atento’s shares from a “c-” to a “d” rating in a Friday, May 13 research note. StockNews.com began covering Atento shares in a research note on Thursday, March 31. They set a “buy” rating on the stock. Finally, Barrington Research reiterated an “outperform” rating on Atento shares in a research note on Friday, April 1. Two research analysts rated the stock with a hold rating and two assigned the company a buy rating. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $29.33.

ATTO Stock traded down $0.18 during the midday session on Wednesday, hitting $10.50. The company had a trading volume of 16,410 shares, compared to an average volume of 25,281. The company has a debt ratio of 19.16, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market capitalization of $157.50 million, a PE ratio of -1.05, a growth price-earnings ratio of 1.18 and a beta of 1.40. The company has a 50-day moving average of $22.42 and a 200-day moving average of $24.12. Atento has a 12-month low of $8.89 and a 12-month high of $32.00.

Wait (NYSE: ATTOGet a rating) last released its results on Wednesday, March 30. The business services provider reported ($2.43) EPS for the quarter. The company posted revenue of $327.20 million in the quarter, versus a consensus estimate of $352.00 million. Atento had a negative return on equity of 132.40% and a negative net margin of 9.80%. Analysts expect Atento to post EPS of 0.68 for the current year.

Major investors have recently been buying and selling stocks. AMH Equity Ltd bought a new position in Atento shares in the fourth quarter worth $5,900,000. Morgan Stanley increased its holdings of Atento shares by 1.0% in the second quarter. Morgan Stanley now owns 122,228 shares of the business services provider worth $3,134,000 after buying 1,224 more shares in the last quarter. Intrepid Capital Management Inc. increased its equity stake in Atento by 548.6% in the first quarter. Intrepid Capital Management Inc. now owns 122,166 shares of the business services provider worth $3,378,000 after buying an additional 103,330 shares in the last quarter. Renaissance Technologies LLC increased its equity stake in Atento by 19.6% in the third quarter. Renaissance Technologies LLC now owns 47,523 shares of the business services provider worth $1,341,000 after purchasing an additional 7,780 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in Atento shares by 6.8% in the first quarter. Goldman Sachs Group Inc. now owns 22,105 shares of the business services provider worth $611,000 after buying 1,398 additional shares in the last quarter.

About Atento (Get a rating)

Atento SA, together with its subsidiaries, provides CRM business process outsourcing services and solutions in Brazil, America, Europe, Middle East and Africa. It offers a range of front-end and back-end services, including sales, customer service, technical support, collections and back-office.

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