Scotiabank Has Bullish Estimate for TIXT FY2025 Earnings

TELUS International (Cda) Inc. (NYSE:TIXT) – Research analysts at Scotiabank increased their FY2025 EPS estimates for TELUS International (Cda) in a note issued to investors 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 prior 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.

TELUS International (Cda) (NYSE:TIXT) last announced its quarterly earnings results on Friday, November 8th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.03. The company had revenue of $658.00 million during the quarter, compared to the consensus estimate of $650.10 million. TELUS International (Cda) had a net margin of 1.17% and a return on equity of 9.67%. During the same quarter last year, the firm earned $0.19 earnings per share.

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 company’s stock. According to MarketBeat, TELUS International (Cda) has a consensus rating of “Hold” and an average target price of $7.37.

TELUS International (Cda) Stock Down 15.8 %

TIXT stock opened at $3.20 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.02 and a quick ratio of 1.02. TELUS International has a 1-year low of $2.83 and a 1-year high of $11.51. The stock has a market capitalization of $880 million, a P/E ratio of -64.00, a P/E/G ratio of 1.22 and a beta of 0.67. The business has a fifty day moving average price of $3.80 and a 200-day moving average price of $4.19.

Institutional Investors Weigh In On TELUS International (Cda)

Several large investors have recently added to or reduced their stakes in the stock. TD Asset Management Inc lifted its holdings in shares of TELUS International (Cda) by 2.1% in the 2nd quarter. TD Asset Management Inc now owns 254,914 shares of the company’s stock worth $1,472,000 after acquiring an additional 5,351 shares during the last quarter. National Bank of Canada FI increased its holdings in TELUS International (Cda) by 971.6% during the second quarter. National Bank of Canada FI now owns 75,443 shares of the company’s stock valued at $441,000 after buying an additional 68,403 shares during the period. XTX Topco Ltd bought a new stake in TELUS International (Cda) during the 2nd quarter valued at $191,000. Marshall Wace LLP increased its holdings in shares of TELUS International (Cda) by 2.3% in the 2nd 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. Finally, Mackenzie Financial Corp lifted its stake in shares of TELUS International (Cda) by 5.9% during the 2nd quarter. Mackenzie Financial Corp now owns 8,440,050 shares of the company’s stock worth $48,744,000 after purchasing an additional 472,103 shares during the last quarter. 59.55% of the stock is owned by institutional investors.

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.