Atento S.A. (ATTO) Stock: Here’s What’s Happening

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Atento S.A. (ATTO) is working its way for to the bottom in the market today. The stock, focused in the service space, is currently priced at $2.72 after tumbling -7.17% so far today. When it comes to service companies, there are quite a few aspects that have the potential to cause declines in the market. News tends to be one of the biggest reasons for the movement. Here are the recent trending headlines relating to ATTO:

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May-23-19 07:15AM Atento Recognized as One of the 25 Best Multinationals to Work for in Latin America in 2019
May-21-19 09:30PM Edited Transcript of ATTO earnings conference call or presentation 21-May-19 2:00pm GMT
09:23PM Atento S.A. (ATTO) Q1 2019 Earnings Call Transcript
May-20-19 07:39PM Atento Reports Fiscal 2019 First-Quarter Results
08:09AM Q1 Earnings Preview For Atento

Nonetheless, any time investors are making a decision with regard to investing, investors should look at much more than news, this is especially the case in the ever complex service space. Here’s what’s happing when it comes to Atento S.A..

What We’ve Seen From ATTO

Although a move down in a single session, like the move that we’re seeing from Atento S.A. might make some investors fearful, that by itself shouldn’t be the reason for a decision to, or not to, invest in a company. It is always a good idea to look at trends further out than a single trading session. When it comes to ATTO, here are the returns on investment that we’ve seen:

  • Past 5 Sessions – In the past week, ATTO has seen a change in price in the amount of -12.80%.
  • Monthly – The monthly returns from Atento S.A. works out to -13.06%.
  • Past 3 Months – Over the last quarter, the stock has generated a return that comes to -23.50%
  • Past Six Months – In the previous 6 months, we have seen a change of -47.58% from the company.
  • Year To Date – Since the the first trading session of this year ATTO has generated a return of -26.93%.
  • Full Year – Lastly, throughout the last full year, we have seen movement amounting to -61.95% from ATTO. Throughout this period of time, the stock has sold at a high of -67.81% and a low price of -2.16%.

Key Ratios

Looking at various ratios associated with a stock generally gives prospective traders an understanding of just how risky and/or potentially profitable a an investment option may be. Below are some of the most important ratios to look at when digging into ATTO.

Short Ratio – The short ratio is a measure of short interest. As the ratio climbs, it shows that more investors believe that the price of the stock is headed for declines. Throughout the sector, strong service stocks tend to have a lower short ratio. On the other hand, we also tend to see quite a few short squeezes in the industry. Nonetheless, as it relates to Atento S.A., the stock’s short ratio amounts to 0.21.

Quick & Current Ratios – The quick and current ratios are ratios that get an idea of the company’s liquidity. Basically, they measure the company’s abilities to cover its debts when they come due with only quick assets or current assets. do have good current and quick ratios. When it comes to ATTO, the quick and current ratios work out to 1.40 and 1.40 respectively.  

Book To Share Value – The book to share value compares the current book value of assets owned by the company to the share price of the stock. In this case, the book to share value ratio is 4.72.

Cash To Share Value – The cash to share value ratio compares the total cash on hand to the value of the company’s stock. In terms of ATTO, the cash to share value comes to 1.81.

Moves From Big Money Players

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in ATTO, here’s what we’re seeing:

Institutions own 89.60% of the company. Institutional interest has moved by -3.47% over the past three months. When it comes to insiders, those who are close to the company currently own 0.76% percent of ATTO shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

What Analysts Think About Atento S.A.

Although it’s never a good idea to avoid doing your due diligence and blindly following the opinions of analysts, it is a smart idea to use their thoughts when validating your own opinions before making investment decisions in the service space. Below are the recent moves that we have seen from analysts with regard to ATTO.

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Jan-07-19 Upgrade Credit Suisse Neutral → Outperform
Aug-21-17 Reiterated Barrington Research Outperform $14 → $16
Apr-24-17 Initiated Barrington Research Outperform $14
May-11-16 Downgrade Credit Suisse Outperform → Neutral
Mar-09-16 Downgrade BofA/Merrill Buy → Neutral

What We’ve Seen In earnings results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0.66. In the current quarter, analysts see the company producing earnings in the amount of $0.10. Over the last 5 years, ATTO has generated revenue in the amount of $-4.90% with earnings coming in at 45.30%. On a quarter over quarter basis, earnings have seen movement of 247.00% and revenue has seen movement of -11.80%.

Looking At Share Counts

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 74.07M shares of Atento S.A. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, ATTO has a float of 25.21M.

I also find it important to follow the short float. After all, when a high portion of the float is shorted, the overall opinion among traders is that the equity is headed for a dive. In regard to ATTO, the percentage of the float that is currently being sold short sits at 0.16%. Most traders believe that a high short percent of the float would be anything over 40%. Through my work, I’ve found that any short percent of the float over 26% is probably going to be a risky play.

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