$TTEC Holdings (TTEC.US)$ TTEC Receives Unsolicited Proposal from CEO to be Taken Private DENVER, Sept. 30, 2024 /PRNewswire/ -- TTEC Holdings, Inc. (NASDAQ:TTEC) ("TTEC" or the "Company"), a leading global CX (customer experience) technology and services innovator for AI-enabled CX solutions, announced that its Board of Directors has received an unsolicited, preliminary, non-binding proposal letter, dated September 27, 2024, from TTEC founder, Chairman and Chief Executive Officer Kenneth Tuc...
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Paddyal
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are there chances of a good run? what do you say?
TTEC Holdings' low P/S ratio may be due to anticipated poor revenue performance. The company's shrinking revenue outlook, contrasting with industry growth, justifies its low P/S ratio. These conditions may continue to limit the share price.
TTEC's CEO, Ken Tuchman, is excited about Wagers joining the team, citing his financial acumen and operational expertise. Tuchman expects Wagers to boost growth and profitability across TTEC's business segments.
The declining trend in TTEC Holdings' ROCE and the lack of improvement in sales despite increased capital investment are concerning. The market also seems pessimistic about these trends, as the stock has lost 23% in the last five years.
Given the decline in earnings and negative future estimates by analysts, the high P/E ratio of TTEC Holdings indicates bearish sentiments. This high P/E ratio might not be sustainable, potentially impacting the share price significantly.
TTEC Holdings Stock Forum
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TTEC Receives Unsolicited Proposal from CEO to be Taken Private
DENVER, Sept. 30, 2024 /PRNewswire/ -- TTEC Holdings, Inc. (NASDAQ:TTEC) ("TTEC" or the "Company"), a leading global CX (customer experience) technology and services innovator for AI-enabled CX solutions, announced that its Board of Directors has received an unsolicited, preliminary, non-binding proposal letter, dated September 27, 2024, from TTEC founder, Chairman and Chief Executive Officer Kenneth Tuc...
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