FY2026 EPS Estimates for Telus Digital Reduced by Desjardins

Key Points

• Desjardins has lowered its FY2026 EPS estimate for Telus Digital from $0.40 to $0.34, now below the consensus estimate of $0.32 per share.
• Multiple analysts have revised their target prices for Telus Digital, with Morgan Stanley and CIBC both reducing their targets to $3.40.
• Shares of Telus Digital have decreased by 4.5%, currently trading at $3.57, with recent earnings reporting $0.06 EPS, surpassing estimates.

Telus Digital (NYSE:TIXT - Free Report) - Stock analysts at Desjardins lowered their FY2026 EPS estimates for shares of Telus Digital in a report issued on Tuesday, August 5th. Desjardins analyst J. Dubreuil now expects that the company will post earnings of $0.34 per share for the year, down from their prior estimate of $0.40. The consensus estimate for Telus Digital's current full-year earnings is $0.32 per share.

A number of other research firms also recently weighed in on TIXT. Morgan Stanley reduced their target price on shares of Telus Digital from $3.49 to $3.40 and set an "equal weight" rating on the stock in a research report on Monday. CIBC reduced their target price on shares of Telus Digital from $4.50 to $3.40 and set a "neutral" rating on the stock in a research report on Friday, June 13th. Scotiabank upped their target price on shares of Telus Digital from $3.00 to $3.40 and gave the stock a "sector perform" rating in a research report on Tuesday, June 17th. BMO Capital Markets reduced their target price on shares of Telus Digital from $4.50 to $3.00 and set a "market perform" rating on the stock in a research report on Monday, May 12th. Finally, Barclays reduced their target price 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. Twelve research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $3.70.

Telus Digital Stock Down 4.5%

Shares of NYSE TIXT opened at $3.57 on Wednesday. The company has a current ratio of 0.84, a quick ratio of 0.86 and a debt-to-equity ratio of 0.85. Telus Digital has a 12 month low of $2.13 and a 12 month high of $4.60. The firm has a market capitalization of $984.07 million, a PE ratio of -2.57 and a beta of 0.90. The firm has a fifty day simple moving average of $3.58 and a two-hundred day simple moving average of $3.18.

Telus Digital (NYSE:TIXT - Get Free Report) last posted its quarterly earnings results on Friday, August 1st. The company reported $0.06 EPS for the quarter, beating analysts' consensus estimates of $0.05 by $0.01. Telus Digital had a negative net margin of 14.09% and a positive return on equity of 1.99%. The company had revenue of $711.33 million during the quarter, compared to analyst estimates of $660.87 million.

Institutional Investors Weigh In On Telus Digital

Several institutional investors and hedge funds have recently modified their holdings of the stock. Wells Fargo & Company MN grew its holdings in shares of Telus Digital by 1.1% in the fourth quarter. Wells Fargo & Company MN now owns 316,626 shares of the company's stock valued at $1,244,000 after purchasing an additional 3,397 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of Telus Digital by 3.3% in the fourth quarter. Franklin Resources Inc. now owns 113,690 shares of the company's stock valued at $446,000 after purchasing an additional 3,667 shares in the last quarter. Public Employees Retirement System of Ohio grew its holdings in shares of Telus Digital by 18.8% in the fourth quarter. Public Employees Retirement System of Ohio now owns 34,862 shares of the company's stock valued at $137,000 after purchasing an additional 5,509 shares in the last quarter. Aquatic Capital Management LLC purchased a new position in shares of Telus Digital in the fourth quarter valued at $37,000. Finally, TD Asset Management Inc grew its holdings in shares of Telus Digital by 4.0% in the first quarter. TD Asset Management Inc now owns 260,719 shares of the company's stock valued at $699,000 after purchasing an additional 9,992 shares in the last quarter. Institutional investors own 59.55% of the company's stock.

Telus Digital Company Profile

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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