Scotiabank Has Optimistic Outlook of TIXT FY2025 Earnings

TELUS International (Cda) Inc. (NYSE:TIXT) – Investment analysts at Scotiabank raised their FY2025 earnings per share (EPS) estimates for shares of TELUS International (Cda) in a research report issued on Wednesday, January 8th. Scotiabank analyst D. Goyal now anticipates that the company will earn $0.38 per share for the year, up from their previous forecast of $0.37. The consensus estimate for TELUS International (Cda)’s current full-year earnings is $0.43 per share. Scotiabank also issued estimates for TELUS International (Cda)’s FY2026 earnings at $0.48 EPS.

Separately, Desjardins upgraded shares of TELUS International (Cda) to a “hold” rating in a research note on Thursday, September 26th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, TELUS International (Cda) currently has an average rating of “Hold” and an average price target of $7.37.

TELUS International (Cda) Stock Up 0.9 %

NYSE:TIXT opened at $3.23 on Friday. 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 twelve month low of $2.83 and a twelve month high of $11.51. The company has a market cap of $888.25 million, a PE ratio of -64.60, a P/E/G ratio of 1.22 and a beta of 0.67. The company’s 50 day moving average is $3.79 and its two-hundred day moving average is $4.17.

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

Institutional Investors Weigh In On TELUS International (Cda)

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Blue Trust Inc. boosted its stake in shares of TELUS International (Cda) by 15.1% in the third quarter. Blue Trust Inc. now owns 22,428 shares of the company’s stock worth $88,000 after buying an additional 2,948 shares during the last quarter. Marshall Wace LLP lifted its holdings in TELUS International (Cda) by 2.3% in the second quarter. Marshall Wace LLP now owns 223,262 shares of the company’s stock valued at $1,290,000 after acquiring an additional 5,017 shares during the period. DGS Capital Management LLC boosted its position in TELUS International (Cda) by 16.4% in the 3rd quarter. DGS Capital Management LLC now owns 36,742 shares of the company’s stock worth $144,000 after purchasing an additional 5,164 shares in the last quarter. TD Asset Management Inc grew its stake in shares of TELUS International (Cda) by 2.1% during the 2nd quarter. TD Asset Management Inc now owns 254,914 shares of the company’s stock worth $1,472,000 after purchasing an additional 5,351 shares during the period. Finally, Virtu Financial LLC purchased a new position in shares of TELUS International (Cda) during the 3rd quarter valued at approximately $54,000. 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.