Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Atento (NYSE:ATTO) Share Price

News stories about Atento (NYSE:ATTO) have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Atento earned a news impact score of 0.13 on Accern’s scale. Accern also gave headlines about the business services provider an impact score of 45.644959723566 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the headlines that may have impacted Accern’s scoring:

Atento (NYSE ATTO) remained flat at $11.90 during mid-day trading on Friday. The stock had a trading volume of 7,361 shares. The firm has a market capitalization of $879.52 million, a P/E ratio of 48.77 and a beta of 0.04. Atento has a 12 month low of $6.85 and a 12 month high of $12.05. The stock’s 50-day moving average is $11.57 and its 200 day moving average is $9.96.

Atento (NYSE:ATTO) last announced its quarterly earnings data on Monday, August 14th. The business services provider reported $0.13 EPS for the quarter, missing the Zacks’ consensus estimate of $0.14 by $0.01. The firm had revenue of $473.70 million during the quarter, compared to analyst estimates of $464.12 million. Atento had a net margin of 0.99% and a return on equity of 11.96%. The company’s revenue was up 5.6% on a year-over-year basis. During the same period last year, the business posted $0.13 EPS. On average, equities analysts forecast that Atento will post $0.76 EPS for the current fiscal year.

Several analysts recently issued reports on ATTO shares. ValuEngine raised shares of Atento from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Zacks Investment Research raised shares of Atento from a “sell” rating to a “hold” rating in a report on Thursday, May 11th. Bank of America Corporation increased their target price on shares of Atento from $11.00 to $13.00 and gave the stock a “neutral” rating in a report on Tuesday, July 25th. Finally, Barrington Research began coverage on shares of Atento in a report on Monday, April 24th. They issued an “outperform” rating and a $14.00 price objective on the stock.

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About Atento

Atento SA is a provider of customer-relationship management and business-process outsourcing (CRM BPO) services and solutions in Latin America. The Company offers a portfolio of CRM BPO services, including customer care, sales, collections, back office and technical support. The Company operates through three segments: EMEA, Americas and Brazil.

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