Teleperformance stock, +41.5% over the quarter, gains an additional 2.5%
The customer relationship specialist achieves a sharp increase during the session, in a rising Paris market. The stock extends a very favorable quarter and moves away from the level where it had met resistance at the end of September.
A stock above its three moving averages, at a distance from its floor
Teleperformance gains 2.43% to €71.66, compared to €69.96 at the previous close, and thus outperforms the SBF 120, which is up 0.94%. The stock stands 1.54% above its 20-day moving average and 20.28% above its 200-day moving average, illustrating the magnitude of the rebound over the quarter, +41.4%. On September 30, it had nevertheless broken through its support at €68.24, before recovering since.
Resistance at €73.70 is now approximately 3% away from the current price. The stock had already crossed the €72 mark on September 23, without managing to sustain it durably. Over the week, performance remains modest, at +0.84%.
Short positions declining and valuation below six times expected earnings
Disclosures consulted indicate a cumulative net short position of 6.62% of share capital, spread among eight funds, down 1.25 points over thirty days. This level remains elevated, but downward pressure is easing, leaving some short sellers exposed in the event of continued gains. Based on expected earnings per share, according to the consensus of surveyed analysts, the stock is trading at approximately 5.3 times current fiscal year earnings.
During the publication of H1 2026 on July 30, the group had set a revenue guidance of €10,311 million for the following fiscal year. The next technical reference point is resistance at €73.70.