Scotiabank Has Bullish Forecast for TIXT FY2025 Earnings

TELUS International (Cda) Inc. (NYSE:TIXT) – Investment analysts at Scotiabank lifted their FY2025 earnings estimates for TELUS International (Cda) in a report issued on Wednesday, January 8th. Scotiabank analyst D. Goyal now forecasts that the company will post earnings of $0.38 per share for the year, up from their previous estimate 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 posted its 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 firm had revenue of $658.00 million for 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.

Separately, Desjardins upgraded shares of TELUS International (Cda) to a “hold” rating in a research report on Thursday, September 26th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and one has assigned 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 price target of $7.37.

TELUS International (Cda) Stock Performance

NYSE TIXT opened at $3.23 on Friday. The company has a market cap of $888.25 million, a P/E ratio of -64.60, a P/E/G ratio of 1.22 and a beta of 0.67. The business’s 50 day moving average price is $3.79 and its 200-day moving average price is $4.17. TELUS International has a fifty-two week low of $2.83 and a fifty-two week high of $11.51. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.02 and a current ratio of 1.02.

Institutional Investors Weigh In On TELUS International (Cda)

Hedge funds have recently made changes to their positions in the company. Virtu Financial LLC purchased a new position in shares of TELUS International (Cda) in the 3rd quarter valued at $54,000. Walleye Capital LLC purchased a new position in TELUS International (Cda) in the third quarter valued at about $60,000. Blue Trust Inc. raised its holdings in 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 purchasing an additional 2,948 shares in the last quarter. Orion Portfolio Solutions LLC bought a new position in TELUS International (Cda) in the third quarter worth about $96,000. Finally, Centiva Capital LP purchased a new stake in shares of TELUS International (Cda) during the third quarter valued at about $103,000. 59.55% of the stock is currently 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.