Research Analysts Set Expectations for TIXT FY2024 Earnings

TELUS International (Cda) Inc. (NYSE:TIXT) – Research analysts at Stifel Canada issued their FY2024 earnings per share (EPS) estimates for TELUS International (Cda) in a research report issued on Wednesday, January 15th. Stifel Canada analyst S. Sukumar forecasts that the company will earn $0.42 per share for the year. Stifel Canada currently has a “Strong-Buy” rating on the stock. The consensus estimate for TELUS International (Cda)’s current full-year earnings is $0.43 per share. Stifel Canada also issued estimates for TELUS International (Cda)’s Q4 2024 earnings at ($0.01) EPS, FY2025 earnings at $0.42 EPS and FY2026 earnings at $0.62 EPS.

TELUS International (Cda) (NYSE:TIXT) last posted its quarterly earnings data on Friday, November 8th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.03. TELUS International (Cda) had a return on equity of 9.67% and a net margin of 1.17%. The company had revenue of $658.00 million during the quarter, compared to analyst estimates of $650.10 million. During the same quarter last year, the company earned $0.19 earnings per share.

TIXT has been the subject of several other research reports. Desjardins raised TELUS International (Cda) to a “hold” rating in a research note on Thursday, September 26th. Stifel Nicolaus assumed coverage on shares of TELUS International (Cda) in a report on Thursday, January 16th. They set a “buy” rating and a $5.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $7.20.

TELUS International (Cda) Trading Down 2.6 %

Shares of TELUS International (Cda) stock opened at $3.55 on Monday. The company has a 50 day simple moving average of $3.73 and a two-hundred day simple moving average of $4.05. The firm has a market cap of $975.43 million, a PE ratio of -70.94, a PEG ratio of 1.11 and a beta of 0.67. TELUS International has a 1 year low of $2.83 and a 1 year high of $11.51. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.02 and a quick ratio of 1.02.

Institutional Investors Weigh In On TELUS International (Cda)

Several institutional investors and hedge funds have recently modified their holdings of TIXT. Virtu Financial LLC purchased a new position in shares of TELUS International (Cda) in the 3rd quarter valued at approximately $54,000. Walleye Capital LLC bought a new position in TELUS International (Cda) in the third quarter worth $60,000. PFW Advisors LLC purchased a new position in TELUS International (Cda) during the fourth quarter valued at $67,000. Blue Trust Inc. boosted its holdings in shares of TELUS International (Cda) by 15.1% during the 3rd quarter. Blue Trust Inc. now owns 22,428 shares of the company’s stock valued at $88,000 after buying an additional 2,948 shares in the last quarter. Finally, Orion Portfolio Solutions LLC purchased a new stake in shares of TELUS International (Cda) in the 3rd quarter worth about $96,000. 59.55% of the stock is owned by hedge funds and other institutional investors.

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.