FY2026 EPS Estimates for TELUS Digital Cut by Desjardins

TELUS Digital (NYSE:TIXT - Free Report) - Analysts at Desjardins reduced their FY2026 earnings estimates for shares of TELUS Digital in a research note issued to investors on Monday, May 12th. Desjardins analyst J. Dubreuil now forecasts that the company will post earnings per share of $0.40 for the year, down from their previous estimate of $0.45. The consensus estimate for TELUS Digital's current full-year earnings is $0.32 per share.

TELUS Digital (NYSE:TIXT - Get Free Report) last posted its earnings results on Friday, May 9th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.06. TELUS Digital had a negative net margin of 2.30% and a positive return on equity of 5.73%. The business had revenue of $647.04 million for the quarter, compared to analysts' expectations of $650.18 million.

Several other analysts have also recently issued reports on the stock. Scotiabank lowered their target price on shares of TELUS Digital from $5.00 to $3.00 and set a "sector perform" rating on the stock in a research note on Tuesday, April 29th. National Bank Financial upgraded shares of TELUS Digital from a "sector perform" rating to an "outperform" rating in a research note on Friday, May 9th. National Bankshares lowered their target price on shares of TELUS Digital from $4.25 to $3.00 and set a "sector perform" rating on the stock in a research note on Friday, April 25th. TD Securities raised their price objective on shares of TELUS Digital from $3.75 to $4.00 and gave the company a "hold" rating in a research report on Friday, February 14th. Finally, Barclays lowered their price objective on shares of TELUS Digital from $5.00 to $3.00 and set an "equal weight" rating on the stock in a research report on Friday, April 25th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, TELUS Digital presently has an average rating of "Hold" and a consensus price target of $4.07.

TELUS Digital Price Performance

NYSE TIXT traded up $0.03 on Tuesday, hitting $2.86. The stock had a trading volume of 175,711 shares, compared to its average volume of 398,154. TELUS Digital has a 52-week low of $2.13 and a 52-week high of $6.86. 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 $786.98 million, a price-to-earnings ratio of -8.16, a price-to-earnings-growth ratio of 4.71 and a beta of 0.72. The firm has a 50-day moving average of $2.59 and a 200-day moving average of $3.29.

Hedge Funds Weigh In On TELUS Digital

Institutional investors and hedge funds have recently made changes to their positions in the business. Aquatic Capital Management LLC bought a new position in shares of TELUS Digital during the 4th quarter valued at $37,000. Two Sigma Securities LLC bought a new position in shares of TELUS Digital during the 4th quarter valued at $42,000. Bayesian Capital Management LP bought a new stake in TELUS Digital in the 4th quarter worth $45,000. Dynamic Technology Lab Private Ltd bought a new stake in TELUS Digital in the 1st quarter worth $58,000. Finally, PDT Partners LLC bought a new stake in TELUS Digital in the 4th quarter worth $61,000. Institutional investors own 59.55% of the company's stock.

About TELUS Digital

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.