Atento (ATTO) Getting Somewhat Positive Press Coverage, Study Shows

Media headlines about Atento (NYSE:ATTO) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Atento earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave media coverage about the business services provider an impact score of 48.7972791885697 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Several research analysts have recently commented on the company. Zacks Investment Research downgraded Atento from a “hold” rating to a “sell” rating in a research note on Tuesday, March 13th. Barrington Research decreased their price objective on Atento to $14.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 21st. Robert W. Baird decreased their price objective on Atento from $14.00 to $12.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 21st. ValuEngine downgraded Atento from a “buy” rating to a “hold” rating in a research note on Thursday, March 22nd. Finally, Goldman Sachs assumed coverage on Atento in a research note on Tuesday, April 3rd. They issued a “neutral” rating and a $10.50 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $12.70.

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NYSE:ATTO opened at $7.75 on Friday. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.53 and a quick ratio of 1.58. Atento has a 12-month low of $7.55 and a 12-month high of $12.90. The stock has a market cap of $572.79, a P/E ratio of 10.33, a price-to-earnings-growth ratio of 0.58 and a beta of 0.09.

Atento (NYSE:ATTO) last released its earnings results on Monday, March 19th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.04). Atento had a positive return on equity of 13.57% and a negative net margin of 0.88%. The business had revenue of $478.30 million for the quarter, compared to analysts’ expectations of $486.19 million. During the same quarter in the prior year, the business posted $0.19 EPS. The business’s revenue for the quarter was up 8.2% compared to the same quarter last year. research analysts anticipate that Atento will post 0.89 EPS for the current year.

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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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