National Bank Financial Weighs in on TIXT Q4 Earnings

TELUS International (Cda) Inc. (NYSE:TIXT) – Equities research analysts at National Bank Financial issued their Q4 2024 earnings estimates for shares of TELUS International (Cda) in a research report issued to clients and 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.

TELUS International (Cda) (NYSE:TIXT) last posted its 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 company had revenue of $658.00 million for the quarter, compared to the consensus estimate 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 business earned $0.19 earnings per share.

Several other equities analysts also recently weighed in on the company. JPMorgan Chase & Co. downgraded TELUS International (Cda) from a “neutral” rating to an “underweight” rating and set a $7.00 target price on the stock. in a research report on Wednesday, July 17th. TD Cowen lowered shares of TELUS International (Cda) from a “buy” rating to a “hold” rating and lowered their target price for the stock from $10.00 to $3.75 in a report on Tuesday, August 6th. CIBC downgraded shares of TELUS International (Cda) from a “sector outperform” rating to a “neutral” rating in a research note on Tuesday, August 6th. Bank of America lowered TELUS International (Cda) from a “buy” rating to an “underperform” rating and decreased their price target for the stock from $11.00 to $4.00 in a research note on Monday, August 5th. Finally, BMO Capital Markets lowered their target price on shares of TELUS International (Cda) from $7.50 to $4.75 and set a “market perform” rating for the company in a research note on Monday, August 5th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, TELUS International (Cda) presently has an average rating of “Hold” and a consensus target price of $7.37.

TELUS International (Cda) Trading Up 18.6 %

TIXT stock opened at $4.46 on Tuesday. TELUS International has a fifty-two week low of $2.83 and a fifty-two week high of $11.51. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.09 and a current ratio of 1.09. The firm has a fifty day moving average price of $3.74 and a 200 day moving average price of $4.96. The firm has a market cap of $476.46 million, a PE ratio of -89.20, a price-to-earnings-growth ratio of 1.22 and a beta of 0.68.

Institutional Trading of TELUS International (Cda)

Institutional investors have recently bought and sold shares of the business. QV Investors Inc. increased its stake in TELUS International (Cda) by 398.0% during the 3rd 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 in the last quarter. Horrell Capital Management Inc. purchased a new stake in shares of TELUS International (Cda) in the third quarter valued at about $2,248,000. Mackenzie Financial Corp boosted its holdings in TELUS International (Cda) by 5.9% in the 2nd quarter. Mackenzie Financial Corp now owns 8,440,050 shares of the company’s stock valued at $48,744,000 after purchasing an additional 472,103 shares during the last quarter. Forge First Asset Management Inc. purchased a new stake in shares of TELUS International (Cda) during the 1st quarter valued at approximately $2,758,000. Finally, Scheer Rowlett & Associates Investment Management Ltd. increased its stake in 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 worth $12,301,000 after acquiring an additional 173,477 shares during the last quarter. 59.55% of the stock is 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.