FY2025 EPS Forecast for Telus Digital Reduced by Analyst

Telus Digital (NYSE:TIXT) – Investment analysts at National Bank Financial cut their FY2025 earnings per share (EPS) estimates for shares of Telus Digital in a research note issued on Tuesday, September 2nd. National Bank Financial analyst R. Tse now forecasts that the company will earn $0.29 per share for the year, down from their prior forecast of $0.45. National Bank Financial has a “Sector Perform” rating and a $4.00 price objective on the stock. The consensus estimate for Telus Digital’s current full-year earnings is $0.32 per share. National Bank Financial also issued estimates for Telus Digital’s FY2026 earnings at $0.45 EPS.

Telus Digital (NYSE:TIXT) last announced its quarterly earnings data on Friday, August 1st. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. The firm had revenue of $711.33 million during the quarter, compared to the consensus estimate of $660.87 million. Telus Digital had a positive return on equity of 1.99% and a negative net margin of 14.09%. Telus Digital has set its FY 2025 guidance at 0.320-0.320 EPS.

Other research analysts also recently issued research reports about the company. Morgan Stanley cut their price target on Telus Digital from $3.49 to $3.40 and set an “equal weight” rating for the company in a research note on Monday, August 4th. Wall Street Zen downgraded Telus Digital from a “buy” rating to a “hold” rating in a research note on Sunday, July 20th. Scotiabank raised their target price on Telus Digital from $3.40 to $4.50 and gave the stock a “sector perform” rating in a research note on Thursday. Stifel Canada downgraded Telus Digital from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Finally, BMO Capital Markets cut their target price on Telus Digital from $4.50 to $3.00 and set a “market perform” rating for the company in a research note on Monday, May 12th. Nine research analysts have rated the stock with a Hold rating, According to MarketBeat, Telus Digital presently has an average rating of “Hold” and a consensus price target of $3.93.

Telus Digital Stock Up 0.1%

TIXT stock opened at $4.48 on Friday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.84 and a current ratio of 0.84. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of -3.22 and a beta of 0.91. Telus Digital has a fifty-two week low of $2.13 and a fifty-two week high of $4.60. The stock has a fifty day moving average of $3.89 and a 200-day moving average of $3.20.

Hedge Funds Weigh In On Telus Digital

Large investors have recently modified their holdings of the company. Public Employees Retirement System of Ohio raised its holdings in shares of Telus Digital by 18.8% during the 4th quarter. Public Employees Retirement System of Ohio now owns 34,862 shares of the company’s stock valued at $137,000 after buying an additional 5,509 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Telus Digital by 14.3% during the 4th quarter. Bank of America Corp DE now owns 419,723 shares of the company’s stock valued at $1,645,000 after buying an additional 52,561 shares in the last quarter. BNP Paribas Financial Markets purchased a new position in shares of Telus Digital during the 4th quarter valued at about $101,000. Two Sigma Investments LP raised its holdings in shares of Telus Digital by 578.8% during the 4th quarter. Two Sigma Investments LP now owns 497,821 shares of the company’s stock valued at $1,951,000 after buying an additional 424,484 shares in the last quarter. Finally, Deutsche Bank AG purchased a new position in shares of Telus Digital during the 4th quarter valued at about $246,000. 59.55% of the stock is owned by hedge funds and other institutional investors.

Telus Digital Company Profile

TELUS Digital 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.