National Bank Financial Estimates TIXT Q4 Earnings

TELUS International (Cda) Inc. (NYSE:TIXT) – Analysts at National Bank Financial issued their Q4 2024 earnings estimates for TELUS International (Cda) in a research note issued on Sunday, November 10th. National Bank Financial analyst R. Tse forecasts that the company will post earnings of $0.00 per share for the quarter. The consensus estimate for TELUS International (Cda)’s current full-year earnings is $0.44 per share.

A number of other research analysts have also recently commented on TIXT. William Blair cut shares of TELUS International (Cda) from an “outperform” rating to a “market perform” rating in a research report on Friday, August 2nd. Robert W. Baird decreased their target price on shares of TELUS International (Cda) from $8.00 to $4.00 and set a “neutral” rating on the stock in a research report on Monday, August 5th. Cibc World Mkts lowered shares of TELUS International (Cda) from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Scotiabank reduced their price objective on TELUS International (Cda) from $10.00 to $5.00 and set a “sector perform” rating on the stock in a research note on Wednesday, August 7th. Finally, BMO Capital Markets lowered their target price on 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 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. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $7.37.

TELUS International (Cda) Price Performance

TIXT opened at $3.75 on Tuesday. The company has a current ratio of 1.02, a quick ratio of 1.09 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 stock has a 50-day moving average price of $3.74 and a 200-day moving average price of $4.93.

TELUS International (Cda) (NYSE:TIXT) last posted its quarterly earnings data on Friday, November 8th. The company reported $0.05 earnings per share (EPS) 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 during the quarter, compared to the consensus estimate of $650.10 million. During the same period in the previous year, the firm posted $0.19 EPS.

Institutional Investors Weigh In On TELUS International (Cda)

Several institutional investors and hedge funds have recently modified their holdings of TIXT. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in TELUS International (Cda) by 32.4% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 20,322 shares of the company’s stock worth $117,000 after purchasing an additional 4,973 shares during the period. Blue Trust Inc. grew its position 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 worth $88,000 after buying an additional 2,948 shares during the period. XTX Topco Ltd bought a new position in shares of TELUS International (Cda) in the 2nd quarter worth about $191,000. National Bank of Canada FI lifted its position in TELUS International (Cda) by 971.6% during the 2nd quarter. National Bank of Canada FI now owns 75,443 shares of the company’s stock valued at $441,000 after acquiring an additional 68,403 shares during the period. Finally, Russell Investments Group Ltd. boosted its stake in TELUS International (Cda) by 12.4% during the first quarter. Russell Investments Group Ltd. now owns 95,390 shares of the company’s stock worth $809,000 after acquiring an additional 10,501 shares in the last quarter. 59.55% of the stock is owned by hedge funds and other 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.