FY2024 Earnings Estimate for TIXT Issued By Stifel Canada

TELUS International (Cda) Inc. (NYSE:TIXT) – Research analysts at Stifel Canada issued their FY2024 earnings estimates for shares of TELUS International (Cda) in a report released on Wednesday, January 15th. Stifel Canada analyst S. Sukumar anticipates that the company will post earnings of $0.42 per share for the year. Stifel Canada 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.

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

TELUS International (Cda) Stock Performance

Shares of TELUS International (Cda) stock opened at $3.79 on Monday. The firm has a market capitalization of $1.04 billion, a P/E ratio of -75.70, a P/E/G ratio of 1.32 and a beta of 0.67. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.72. TELUS International has a 12 month low of $2.83 and a 12 month high of $11.51. The business has a fifty day simple moving average of $3.72 and a two-hundred day simple moving average of $4.03.

TELUS International (Cda) (NYSE:TIXT) last announced its earnings results on Friday, November 8th. The company reported $0.05 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $658.00 million during the quarter, compared to analyst estimates of $650.10 million. During the same quarter in the prior year, the company earned $0.19 EPS.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of TIXT. Virtu Financial LLC bought a new stake in shares of TELUS International (Cda) during the 3rd quarter valued at $54,000. Walleye Capital LLC purchased a new stake in TELUS International (Cda) in the 3rd quarter worth approximately $60,000. PFW Advisors LLC purchased a new stake in TELUS International (Cda) in the 4th quarter worth approximately $67,000. Blue Trust Inc. raised its stake in TELUS International (Cda) by 15.1% during the 3rd quarter. Blue Trust Inc. now owns 22,428 shares of the company’s stock worth $88,000 after acquiring an additional 2,948 shares during the period. Finally, Orion Portfolio Solutions LLC purchased a new position in TELUS International (Cda) during the third quarter valued at approximately $96,000. Institutional investors own 59.55% of the company’s stock.

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.