TELUS Digital (NYSE:TIXT - Free Report) - Investment analysts at Desjardins lowered their FY2026 EPS estimates for shares of TELUS Digital in a research note issued on Monday, May 12th. Desjardins analyst J. Dubreuil now forecasts that the company will earn $0.40 per share for the year, down from their prior forecast 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 issued its earnings results on Friday, May 9th. The company reported $0.06 EPS for the quarter, meeting the consensus estimate of $0.06. The company had revenue of $647.04 million for the quarter, compared to the consensus estimate of $650.18 million. TELUS Digital had a negative net margin of 2.30% and a positive return on equity of 5.73%.
A number of other brokerages have also weighed in on TIXT. TD Securities raised their target price on TELUS Digital from $3.75 to $4.00 and gave the company a "hold" rating in a research note on Friday, February 14th. National Bankshares dropped their target price on shares of TELUS Digital from $4.25 to $3.00 and set a "sector perform" rating for the company in a research note on Friday, April 25th. Stifel Nicolaus started coverage on shares of TELUS Digital in a research report on Thursday, January 16th. They set a "buy" rating and a $5.00 target price on the stock. BMO Capital Markets lowered their price target on shares of TELUS Digital from $4.50 to $3.00 and set a "market perform" rating for the company in a report on Monday. Finally, National Bank Financial raised TELUS Digital from a "sector perform" rating to an "outperform" rating in a report on Friday, May 9th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $4.07.
Check Out Our Latest Stock Report on TIXT
TELUS Digital Price Performance
Shares of NYSE:TIXT traded up $0.03 during trading on Tuesday, reaching $2.86. The stock had a trading volume of 175,711 shares, compared to its average volume of 397,194. The stock has a market capitalization of $786.98 million, a PE ratio of -8.16, a P/E/G ratio of 4.71 and a beta of 0.72. TELUS Digital has a 52 week low of $2.13 and a 52 week high of $6.86. The business's 50-day moving average price is $2.59 and its 200 day moving average price is $3.30. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.95 and a quick ratio of 0.95.
Institutional Trading of TELUS Digital
A number of institutional investors and hedge funds have recently modified their holdings of TIXT. Barclays PLC increased its stake in TELUS Digital by 118.8% in the third quarter. Barclays PLC now owns 30,629 shares of the company's stock valued at $120,000 after purchasing an additional 16,629 shares in the last quarter. PFW Advisors LLC acquired a new position in shares of TELUS Digital in the 4th quarter valued at $67,000. DGS Capital Management LLC lifted its holdings in TELUS Digital by 213.5% during the fourth quarter. DGS Capital Management LLC now owns 115,202 shares of the company's stock worth $452,000 after acquiring an additional 78,460 shares in the last quarter. Blue Trust Inc. grew its stake in TELUS Digital by 62.0% in the fourth quarter. Blue Trust Inc. now owns 36,332 shares of the company's stock valued at $142,000 after acquiring an additional 13,904 shares during the period. Finally, Alberta Investment Management Corp bought a new stake in shares of TELUS Digital in the fourth quarter worth about $297,000. 59.55% of the stock is owned by institutional investors.
About TELUS Digital
(
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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.
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