What is Stifel Canada’s Estimate for TIXT FY2024 Earnings?

TELUS International (Cda) Inc. (NYSE:TIXTFree Report) – Stock analysts at Stifel Canada issued their FY2024 earnings per share estimates for TELUS International (Cda) in a research report issued to clients and investors on Wednesday, January 15th. Stifel Canada analyst S. Sukumar anticipates that the company will earn $0.42 per share for the year. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for TELUS International (Cda)’s current full-year earnings is $0.43 per share. Stifel Canada also issued estimates for TELUS International (Cda)’s Q4 2024 earnings at ($0.01) EPS, FY2025 earnings at $0.42 EPS and FY2026 earnings at $0.62 EPS.

TELUS International (Cda) (NYSE:TIXTGet Free Report) last posted its quarterly earnings results on Friday, November 8th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $650.10 million. During the same quarter in the prior year, the business earned $0.19 earnings per share.

Other research analysts also recently issued reports about the stock. Stifel Nicolaus started coverage on shares of TELUS International (Cda) in a report on Thursday, January 16th. They issued a “buy” rating and a $5.00 price objective for the company. Desjardins raised shares of TELUS International (Cda) to a “hold” rating in a report on Thursday, September 26th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $7.20.

Get Our Latest Stock Report on TELUS International (Cda)

TELUS International (Cda) Trading Up 6.6 %

NYSE:TIXT opened at $3.79 on Monday. The stock has a market capitalization of $1.04 billion, a PE ratio of -75.70, a price-to-earnings-growth ratio of 1.32 and a beta of 0.67. The firm’s 50 day moving average is $3.72 and its 200 day moving average is $4.03. The company has a current ratio of 1.02, a quick ratio of 1.02 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.

Institutional Investors Weigh In On TELUS International (Cda)

A number of large investors have recently added to or reduced their stakes in the company. Virtu Financial LLC purchased a new position in shares of TELUS International (Cda) during the 3rd quarter valued at about $54,000. Walleye Capital LLC bought a new stake in TELUS International (Cda) in the third quarter worth $60,000. PFW Advisors LLC purchased a new stake in TELUS International (Cda) during the fourth quarter valued at about $67,000. Blue Trust Inc. grew its position in TELUS International (Cda) by 15.1% during the 3rd quarter. Blue Trust Inc. now owns 22,428 shares of the company’s stock worth $88,000 after acquiring an additional 2,948 shares during the last quarter. Finally, Orion Portfolio Solutions LLC bought a new stake in TELUS International (Cda) in the third quarter valued at approximately $96,000. Hedge funds and other institutional investors own 59.55% of the company’s stock.

TELUS International (Cda) Company Profile

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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.

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