During the last session, TELUS International (Cda) Inc (NYSE:TIXT)’s traded shares were 0.41 million, with the beta value of the company hitting 0.71. At the end of the trading day, the stock’s price was $2.97, reflecting an intraday gain of 6.45% or $0.18. The 52-week high for the TIXT share is $9.38, that puts it down -215.82 from that peak though still a striking 12.12% gain since the share price plummeted to a 52-week low of $2.61. The company’s market capitalization is $817.55M, and the average trade volume was 492.92K shares over the past three months.
TELUS International (Cda) Inc (TIXT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.93. TIXT has a Sell rating from 1 analyst(s) out of 7 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.05.
TELUS International (Cda) Inc (NYSE:TIXT) trade information
TELUS International (Cda) Inc (TIXT) registered a 6.45% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 6.45% in intraday trading to $2.97, hitting a weekly high. The stock’s 5-day price performance is 2.77%, and it has moved by -22.66% in 30 days. Based on these gigs, the overall price performance for the year is -68.50%.
The consensus price target of analysts on Wall Street is $6.6, which implies an increase of 55.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4 and $35 respectively. As a result, TIXT is trading at a discount of -1078.45% off the target high and -34.68% off the low.
TELUS International (Cda) Inc (TIXT) estimates and forecasts
In the rating firms’ projections, revenue will increase 1.67% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 650.17M as predicted by 9 analyst(s). Meanwhile, a consensus of 9 analyst(s) estimates revenue growth to 654.8M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 657M and 652M respectively. In this case, analysts expect current quarter sales to shrink by -1.04% and then jump by 0.43% in the coming quarter.
While earnings are projected to return -14.47% in 2025, the next five years will return 25.45% per annum.
TIXT Dividends
TELUS International (Cda) Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 8.44 million shares, is of MACKENZIE FINANCIAL CORP’s that is approximately 3.0691% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $48.74 million.
Also, the Mutual Funds coming in first place with the largest holdings of TELUS International (Cda) Inc (TIXT) shares are College Retirement Equities Fund-Stock Account and Schwab Strategic Tr-Schwab Fundamental Intl Small Company Idx ETF . Data provided on Sep 30, 2024 indicates that College Retirement Equities Fund-Stock Account owns about 153.76 shares. This amounts to just over 0.14 percent of the company’s overall shares, with a $0.46 million market value. The same data shows that the other fund manager holds slightly less at 133.37, or about 0.12% of the stock, which is worth about $0.4 million.
