Atento SA (NYSE:ATTO) – Research analysts at Barrington Research dropped their Q4 2018 earnings per share (EPS) estimates for Atento in a research report issued on Wednesday, November 14th, Zacks Investment Research reports. Barrington Research analyst V. Colicchio now expects that the business services provider will post earnings per share of $0.18 for the quarter, down from their prior forecast of $0.25. Barrington Research has a “Buy” rating and a $12.00 price objective on the stock. Barrington Research also issued estimates for Atento’s FY2019 earnings at $0.78 EPS.

ATTO has been the topic of a number of other research reports. Robert W. Baird lowered their price objective on Atento from $10.00 to $8.00 and set an “outperform” rating on the stock in a research note on Thursday, November 8th. ValuEngine lowered Atento from a “sell” rating to a “strong sell” rating in a research note on Thursday, September 27th. TheStreet lowered Atento from a “c” rating to a “d+” rating in a research note on Tuesday, November 27th. Finally, Zacks Investment Research lowered Atento from a “hold” rating to a “sell” rating in a research note on Thursday, November 1st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $10.17.

NYSE ATTO traded down $0.18 on Friday, reaching $4.18. 285,964 shares of the company were exchanged, compared to its average volume of 118,632. The firm has a market capitalization of $322.24 million, a P/E ratio of 5.57, a price-to-earnings-growth ratio of 0.77 and a beta of 0.39. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.53 and a current ratio of 1.53. Atento has a fifty-two week low of $4.01 and a fifty-two week high of $10.45.

A number of large investors have recently bought and sold shares of the business. Acadian Asset Management LLC raised its position in Atento by 0.5% in the third quarter. Acadian Asset Management LLC now owns 1,547,540 shares of the business services provider’s stock valued at $11,605,000 after purchasing an additional 8,221 shares during the period. Royce & Associates LP raised its position in Atento by 20.8% in the second quarter. Royce & Associates LP now owns 1,105,701 shares of the business services provider’s stock valued at $7,574,000 after purchasing an additional 190,200 shares during the period. Morgan Stanley raised its position in Atento by 13.2% in the third quarter. Morgan Stanley now owns 645,786 shares of the business services provider’s stock valued at $4,844,000 after purchasing an additional 75,074 shares during the period. Bank of America Corp DE raised its position in Atento by 52.4% in the second quarter. Bank of America Corp DE now owns 486,135 shares of the business services provider’s stock valued at $3,330,000 after purchasing an additional 167,174 shares during the period. Finally, Monashee Investment Management LLC raised its position in Atento by 26.4% in the third quarter. Monashee Investment Management LLC now owns 322,400 shares of the business services provider’s stock valued at $2,418,000 after purchasing an additional 67,400 shares during the period. Institutional investors own 88.73% of the company’s stock.

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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