TELUS International (Cda) Inc. (NYSE:TIXT) Given Consensus Rating of "Hold" by Brokerages

Shares of TELUS International (Cda) Inc. (NYSE:TIXT - Get Free Report) have been given an average rating of "Hold" by the seventeen analysts that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $6.00.

A number of equities analysts have commented on TIXT shares. Stifel Canada raised shares of TELUS International (Cda) to a "strong-buy" rating in a report on Wednesday, January 15th. TD Securities lifted their price target on shares of TELUS International (Cda) from $3.75 to $4.00 and gave the company a "hold" rating in a report on Friday, February 14th. Finally, Stifel Nicolaus began coverage on shares of TELUS International (Cda) in a research report on Thursday, January 16th. They set a "buy" rating and a $5.00 price objective for the company.

Hedge Funds Weigh In On TELUS International (Cda)

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Aquatic Capital Management LLC acquired a new position in TELUS International (Cda) during the 4th quarter worth $37,000. Two Sigma Securities LLC bought a new stake in shares of TELUS International (Cda) during the fourth quarter valued at about $42,000. Bayesian Capital Management LP acquired a new stake in TELUS International (Cda) in the fourth quarter worth about $45,000. Virtu Financial LLC bought a new position in TELUS International (Cda) in the 3rd quarter valued at about $54,000. Finally, Walleye Capital LLC acquired a new position in TELUS International (Cda) during the 3rd quarter valued at about $60,000. 59.55% of the stock is owned by institutional investors.

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TELUS International (Cda) Stock Down 8.7 %

Shares of TELUS International (Cda) stock traded down $0.23 during trading on Tuesday, reaching $2.38. The company had a trading volume of 331,990 shares, compared to its average volume of 392,833. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.95 and a current ratio of 0.95. TELUS International has a fifty-two week low of $2.31 and a fifty-two week high of $8.96. The firm's fifty day moving average is $3.18 and its 200-day moving average is $3.55. The company has a market cap of $653.13 million, a price-to-earnings ratio of -6.79, a price-to-earnings-growth ratio of 4.71 and a beta of 0.71.

TELUS International (Cda) (NYSE:TIXT - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.03). The firm had revenue of $691.00 million for the quarter, compared to analyst estimates of $672.44 million. TELUS International (Cda) had a negative net margin of 2.30% and a positive return on equity of 5.73%. On average, analysts anticipate that TELUS International will post 0.32 EPS for the current year.

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.