Research Analysts Offer Predictions for TIXT Q4 Earnings

TELUS International (Cda) Inc. (NYSE:TIXT - Free Report) - Analysts at National Bank Financial issued their Q4 2024 EPS estimates for shares of TELUS International (Cda) in a research note issued to investors on Sunday, November 10th. National Bank Financial analyst R. Tse anticipates that the company will post earnings per share of $0.00 for the quarter. The consensus estimate for TELUS International (Cda)'s current full-year earnings is $0.43 per share.

Several other equities research analysts have also recently issued reports on TIXT. Royal Bank of Canada cut shares of TELUS International (Cda) from an "outperform" rating to a "sector perform" rating and reduced their price objective for the company from $10.00 to $5.00 in a research report on Monday, August 5th. BMO Capital Markets cut their price objective on TELUS International (Cda) from $7.50 to $4.75 and set a "market perform" rating for the company in a research report on Monday, August 5th. 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 research note on Monday, August 5th. Desjardins raised shares of TELUS International (Cda) to a "hold" rating in a report on Thursday, September 26th. Finally, TD Securities reissued a "hold" rating and issued a $3.75 price objective (down from $10.00) on shares of TELUS International (Cda) in a research note on Tuesday, August 6th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $7.37.

TELUS International (Cda) Stock Performance

NYSE TIXT traded down $0.30 on Tuesday, reaching $4.14. 250,891 shares of the stock were exchanged, compared to its average volume of 328,989. 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 has a one year low of $2.83 and a one year high of $11.51. The firm has a market capitalization of $442.28 million, a PE ratio of -89.20, a PEG ratio of 1.22 and a beta of 0.68. The company's 50-day simple moving average is $3.74 and its two-hundred day simple moving average is $4.96.

TELUS International (Cda) (NYSE:TIXT - Get Free Report) last issued its quarterly earnings results on Friday, November 8th. The company reported $0.05 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.03. The firm had revenue of $658.00 million for the quarter, compared to analysts' expectations of $650.10 million. TELUS International (Cda) had a return on equity of 11.66% and a net margin of 2.70%. During the same period in the previous year, the firm posted $0.19 EPS.

Institutional Trading of TELUS International (Cda)

Several large investors have recently added to or reduced their stakes in TIXT. Charles Schwab Investment Management Inc. raised its stake in shares of TELUS International (Cda) by 192.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 158,732 shares of the company's stock valued at $620,000 after purchasing an additional 104,430 shares during the period. Scheer Rowlett & Associates Investment Management Ltd. grew its stake in shares of TELUS International (Cda) by 5.8% during the third quarter. Scheer Rowlett & Associates Investment Management Ltd. now owns 3,151,263 shares of the company's stock valued at $12,301,000 after acquiring an additional 173,477 shares in the last quarter. Horrell Capital Management Inc. purchased a new position in TELUS International (Cda) in the third quarter valued at about $2,248,000. Blue Trust Inc. raised its position in shares of TELUS International (Cda) by 15.1% in the 3rd quarter. Blue Trust Inc. now owns 22,428 shares of the company's stock valued at $88,000 after purchasing an additional 2,948 shares in the last quarter. Finally, QV Investors Inc. increased its stake in shares of TELUS International (Cda) by 398.0% in the third quarter. QV Investors Inc. now owns 6,011,720 shares of the company's stock worth $23,496,000 after buying an additional 4,804,521 shares during the last quarter. 59.55% of the stock is currently owned by institutional investors and hedge funds.

TELUS International (Cda) Company Profile

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.