TELUS International (Cda) Inc. (NYSE:TIXT) Receives $6.00 Consensus PT from Analysts

TELUS International (Cda) Inc. (NYSE:TIXT) has been assigned a consensus recommendation of “Hold” from the seventeen ratings firms that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $6.00.

A number of research analysts have recently issued reports on the stock. Stifel Nicolaus initiated coverage on shares of TELUS International (Cda) in a research report on Thursday, January 16th. They issued a “buy” rating and a $5.00 price target on the stock. TD Securities lifted their target price on TELUS International (Cda) from $3.75 to $4.00 and gave the company a “hold” rating in a research note on Friday, February 14th. Finally, Stifel Canada upgraded TELUS International (Cda) to a “strong-buy” rating in a research report on Wednesday, January 15th.

Hedge Funds Weigh In On TELUS International (Cda)

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Aquatic Capital Management LLC acquired a new stake in shares of TELUS International (Cda) in the 4th quarter worth approximately $37,000. Two Sigma Securities LLC bought a new stake in TELUS International (Cda) during the fourth quarter worth approximately $42,000. Bayesian Capital Management LP acquired a new stake in TELUS International (Cda) in the fourth quarter worth approximately $45,000. Virtu Financial LLC bought a new position in TELUS International (Cda) during the 3rd quarter valued at $54,000. Finally, Walleye Capital LLC acquired a new position in shares of TELUS International (Cda) during the 3rd quarter valued at $60,000. Institutional investors own 59.55% of the company’s stock.

TELUS International (Cda) Stock Down 3.2 %

NYSE:TIXT opened at $2.30 on Tuesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.95 and a current ratio of 0.95. The company has a market capitalization of $631.13 million, a price-to-earnings ratio of -6.56, a price-to-earnings-growth ratio of 4.71 and a beta of 0.71. TELUS International has a one year low of $2.13 and a one year high of $8.96. The stock has a 50-day simple moving average of $3.15 and a 200 day simple moving average of $3.54.

TELUS International (Cda) (NYSE:TIXT) last issued its earnings results on Thursday, February 13th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.03). The firm had revenue of $691.00 million during the quarter, compared to analyst estimates of $672.44 million. TELUS International (Cda) had a positive return on equity of 5.73% and a negative net margin of 2.30%. Sell-side analysts predict that TELUS International will post 0.32 EPS for the current fiscal 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.