Equities Analysts Offer Predictions for TIXT Q4 Earnings

TELUS International (Cda) Inc. (NYSE:TIXT) – William Blair reduced their Q4 2024 earnings estimates for shares of TELUS International (Cda) in a research note issued on Monday, November 11th. William Blair analyst M. Nolan now anticipates that the company will earn ($0.04) per share for the quarter, down from their prior forecast of $0.04. William Blair currently has a “Market Perform” rating on the stock. The consensus estimate for TELUS International (Cda)’s current full-year earnings is $0.43 per share. William Blair also issued estimates for TELUS International (Cda)’s FY2025 earnings at $0.31 EPS.

Other equities analysts also recently issued reports about the company. Barclays cut their price objective on TELUS International (Cda) from $7.00 to $5.00 and set an “equal weight” rating on the stock in a report on Monday, August 5th. Scotiabank decreased their price objective on shares of TELUS International (Cda) from $10.00 to $5.00 and set a “sector perform” rating for the company in a research note on Wednesday, August 7th. Desjardins raised shares of TELUS International (Cda) to a “hold” rating in a research note on Thursday, September 26th. TD Securities reaffirmed a “hold” rating and set a $3.75 price target (down from $10.00) on shares of TELUS International (Cda) in a research report on Tuesday, August 6th. Finally, Cibc World Mkts lowered TELUS International (Cda) from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $7.37.

TELUS International (Cda) Trading Down 12.5 %

Shares of TIXT opened at $3.89 on Wednesday. The stock’s fifty day simple moving average is $3.74 and its 200 day simple moving average is $4.96. TELUS International has a twelve month low of $2.83 and a twelve month high of $11.51. The company has a current ratio of 1.02, a quick ratio of 1.09 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $415.03 million, a P/E ratio of -77.70, a price-to-earnings-growth ratio of 1.43 and a beta of 0.68.

TELUS International (Cda) (NYSE:TIXT) last posted 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 net margin of 1.17% and a return on equity of 9.67%. The company had revenue of $658.00 million for the quarter, compared to the consensus estimate of $650.10 million. During the same quarter last year, the firm posted $0.19 earnings per share.

Institutional Trading of TELUS International (Cda)

Hedge funds have recently made changes to their positions in the stock. Blue Trust Inc. increased its holdings in shares of TELUS International (Cda) by 15.1% in the 3rd quarter. Blue Trust Inc. now owns 22,428 shares of the company’s stock valued at $88,000 after acquiring an additional 2,948 shares during the last quarter. Swiss National Bank raised its holdings in shares of TELUS International (Cda) by 2.1% during the first quarter. Swiss National Bank now owns 149,000 shares of the company’s stock worth $1,261,000 after purchasing an additional 3,000 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of TELUS International (Cda) by 32.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 20,322 shares of the company’s stock worth $117,000 after buying an additional 4,973 shares during the last quarter. Marshall Wace LLP boosted 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 buying an additional 5,017 shares during the period. Finally, TD Asset Management Inc grew its position 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 valued at $1,472,000 after buying an additional 5,351 shares during the last quarter. Institutional investors and hedge funds own 59.55% of the company’s stock.

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.