TELUS International (Cda) Inc. (NYSE:TIXT) Given Consensus Rating of “Hold” by Analysts

TELUS International (Cda) Inc. (NYSE:TIXT) has received an average recommendation of “Hold” from the fourteen analysts that are presently covering the stock, Marketbeat reports. Eight investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $13.73.

A number of equities analysts recently issued reports on TIXT shares. Robert W. Baird reduced their target price on TELUS International (Cda) from $10.00 to $9.00 and set a “neutral” rating for the company in a research note on Friday, April 19th. Canaccord Genuity Group raised their price target on shares of TELUS International (Cda) from $14.50 to $16.50 and gave the stock a “buy” rating in a research report on Monday, February 12th. TD Securities increased their price objective on shares of TELUS International (Cda) from $10.50 to $11.50 and gave the stock a “buy” rating in a research note on Monday, February 12th. CIBC reduced their target price on shares of TELUS International (Cda) from $21.50 to $20.00 and set an “outperform” rating for the company in a report on Wednesday, March 20th. Finally, Citigroup cut their price target on TELUS International (Cda) from $10.00 to $8.50 and set a “neutral” rating on the stock in a research report on Monday.

Institutional Trading of TELUS International (Cda)

Several institutional investors and hedge funds have recently bought and sold shares of the company. Ronald Blue Trust Inc. acquired a new stake in shares of TELUS International (Cda) during the 3rd quarter worth approximately $30,000. Shell Asset Management Co. acquired a new position in shares of TELUS International (Cda) during the third quarter valued at $45,000. Blue Trust Inc. grew its position in shares of TELUS International (Cda) by 142.0% during the fourth quarter. Blue Trust Inc. now owns 9,596 shares of the company’s stock worth $82,000 after acquiring an additional 5,631 shares during the last quarter. Vanguard Personalized Indexing Management LLC bought a new stake in TELUS International (Cda) in the 3rd quarter valued at about $99,000. Finally, SG Americas Securities LLC bought a new position in TELUS International (Cda) in the 4th quarter worth about $124,000. Institutional investors and hedge funds own 59.55% of the company’s stock.

TELUS International (Cda) Price Performance

TIXT opened at $8.04 on Wednesday. The business has a fifty day moving average of $9.17 and a 200 day moving average of $8.30. The stock has a market cap of $858.38 million, a P/E ratio of 53.57, a PEG ratio of 8.23 and a beta of 0.90. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.80. TELUS International has a 52-week low of $6.03 and a 52-week high of $21.75.

TELUS International (Cda) (NYSE:TIXT) last posted its earnings results on Friday, February 9th. The company reported $0.26 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.26. TELUS International (Cda) had a return on equity of 11.74% and a net margin of 1.99%. The company had revenue of $692.00 million during the quarter, compared to analyst estimates of $691.00 million. During the same quarter in the prior year, the business earned $0.34 earnings per share. TELUS International (Cda)’s revenue was up 9.8% on a year-over-year basis. As a group, sell-side analysts anticipate that TELUS International will post 0.89 EPS for the current year.

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.