Telus Digital (NYSE:TIXT) Releases FY 2025 Earnings Guidance

Key Points

• Telus Digital has updated its FY 2025 earnings guidance, projecting an EPS of 0.320, which is slightly lower than the consensus estimate of 0.325.
• Recent analyst ratings show a trend of downgrades, with Telus Digital moving from a "buy" rating to a "hold" or "sector perform" rating by multiple brokerages.
• The company opened trading at $3.77 and has experienced a 2.3% decline, with a market capitalization of approximately $1.04 billion.

Telus Digital (NYSE:TIXT - Get Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share guidance of 0.320-0.320 for the period, compared to the consensus earnings per share estimate of 0.325. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on TIXT shares. Scotiabank raised their price objective on Telus Digital from $3.00 to $3.40 and gave the company a "sector perform" rating in a research note on Tuesday, June 17th. BMO Capital Markets decreased their target price on shares of Telus Digital from $4.50 to $3.00 and set a "market perform" rating for the company in a research report on Monday, May 12th. National Bank Financial cut shares of Telus Digital from an "outperform" rating to a "sector perform" rating and set a $4.00 target price for the company. in a research note on Monday, July 21st. Wall Street Zen downgraded shares of Telus Digital from a "buy" rating to a "hold" rating in a report on Sunday, July 20th. Finally, CIBC cut their price target on Telus Digital from $4.50 to $3.40 and set a "neutral" rating for the company in a research note on Friday, June 13th. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $3.84.

Telus Digital Trading Down 3.1%

TIXT traded down $0.12 during trading hours on Tuesday, reaching $3.63. The company's stock had a trading volume of 2,205,133 shares, compared to its average volume of 558,989. The stock has a market cap of $999.23 million, a PE ratio of -2.61 and a beta of 0.90. Telus Digital has a fifty-two week low of $2.13 and a fifty-two week high of $4.60. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.86 and a quick ratio of 0.86. The business's 50-day moving average is $3.57 and its 200-day moving average is $3.17.

Telus Digital (NYSE:TIXT - Get Free Report) last announced its earnings results on Friday, August 1st. The company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.01. The company had revenue of $711.33 million during the quarter, compared to analyst estimates of $660.87 million. Telus Digital had a negative net margin of 14.09% and a positive return on equity of 1.92%. As a group, equities research analysts predict that Telus Digital will post 0.32 earnings per share for the current fiscal year.

Institutional Trading of Telus Digital

An institutional investor recently raised its position in Telus Digital stock. Goldman Sachs Group Inc. lifted its stake in shares of Telus Digital (NYSE:TIXT - Free Report) by 73.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 541,635 shares of the company's stock after acquiring an additional 229,369 shares during the quarter. Goldman Sachs Group Inc. owned 0.20% of Telus Digital worth $1,457,000 as of its most recent filing with the Securities and Exchange Commission. 59.55% of the stock is owned by institutional investors.

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.