Shares of TELUS International (Cda) Inc. (NYSE:TIXT – Get Free Report) have been assigned an average rating of “Reduce” from the seventeen ratings firms that are covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, fourteen have given a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $7.55.
TIXT has been the subject of several recent analyst reports. TD Cowen lowered shares of TELUS International (Cda) from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $10.00 to $3.75 in a report on Tuesday, August 6th. Barclays dropped their price target on TELUS International (Cda) from $7.00 to $5.00 and set an “equal weight” rating for the company in a report on Monday, August 5th. Bank of America lowered TELUS International (Cda) from a “buy” rating to an “underperform” rating and reduced their price objective for the stock from $11.00 to $4.00 in a research note on Monday, August 5th. Scotiabank lowered their target price on TELUS International (Cda) from $10.00 to $5.00 and set a “sector perform” rating for the company in a research note on Wednesday, August 7th. Finally, Desjardins upgraded shares of TELUS International (Cda) to a “hold” rating in a research report on Thursday, September 26th.
Check Out Our Latest Stock Report on TIXT
Institutional Investors Weigh In On TELUS International (Cda)
TELUS International (Cda) Price Performance
Shares of TIXT stock opened at $3.79 on Wednesday. TELUS International has a 12 month low of $2.83 and a 12 month high of $11.51. The company has a market capitalization of $404.89 million, a P/E ratio of 25.27, a P/E/G ratio of 1.17 and a beta of 0.69. The stock has a 50 day moving average of $3.57 and a two-hundred day moving average of $5.56. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.75.
TELUS International (Cda) (NYSE:TIXT – Get Free Report) last posted its earnings results on Friday, August 2nd. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.03). The business had revenue of $652.00 million during the quarter, compared to the consensus estimate of $682.32 million. TELUS International (Cda) had a net margin of 2.70% and a return on equity of 11.66%. The business’s revenue was down 2.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.16 EPS. As a group, equities analysts expect that TELUS International will post 0.43 EPS for the current year.
About TELUS International (Cda)
TELUS International (Cda) Inc design, builds, and delivers digital solutions for customer experience (CX) in the Asia-Pacific, the Central America, Europe, Africa, North America, and internationally. The company provides digital experience solutions, such as AI and bots, omnichannel CX, enterprise mobility solutions, cloud contact center, big data analytics, platform transformation, and UX/UI design; and customer experience solutions, including work anywhere/work from home, contact center outsourcing, technical support, sales growth and customer retention, healthcare/patient experience, and debt collection.
Further Reading
- Five stocks we like better than TELUS International (Cda)
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Goldman Sachs Earnings Reveal Market Moves Investors Can’t Ignore
- What to Know About Investing in Penny Stocks
- AMD Gains Momentum With AI: Can It Beat Expectations?
- What Do S&P 500 Stocks Tell Investors About the Market?
- Lithium Grab: 2 Lithium Stocks That Could Be Takeover Targets
Receive News & Ratings for TELUS International (Cda) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TELUS International (Cda) and related companies with MarketBeat.com's FREE daily email newsletter.