Telus Digital (TIXT) Projected to Post Quarterly Earnings on Friday

Telus Digital (NYSE:TIXT - Get Free Report) will likely be posting its Q2 2025 quarterly earnings results before the market opens on Friday, August 1st. Analysts expect Telus Digital to post earnings of $0.05 per share and revenue of $660.87 million for the quarter. Telus Digital has set its FY 2025 guidance at 0.320-0.320 EPS.

Telus Digital (NYSE:TIXT - Get Free Report) last released its quarterly earnings data on Friday, May 9th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.06. The business had revenue of $647.04 million during the quarter, compared to analysts' expectations of $650.18 million. Telus Digital had a positive return on equity of 3.40% and a negative net margin of 4.27%. On average, analysts expect Telus Digital to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Telus Digital Stock Performance

NYSE:TIXT traded up $0.04 during mid-day trading on Friday, reaching $4.11. 379,231 shares of the stock were exchanged, compared to its average volume of 604,360. The company has a 50 day simple moving average of $3.43 and a 200-day simple moving average of $3.16. The stock has a market capitalization of $1.13 billion, a P/E ratio of -8.38 and a beta of 0.90. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.70. Telus Digital has a 1 year low of $2.13 and a 1 year high of $6.86.

Institutional Trading of Telus Digital

An institutional investor recently bought a new position in Telus Digital stock. Dynamic Technology Lab Private Ltd purchased a new stake in Telus Digital (NYSE:TIXT - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 21,447 shares of the company's stock, valued at approximately $58,000. Hedge funds and other institutional investors own 59.55% of the company's stock.

Analysts Set New Price Targets

TIXT has been the subject of a number of recent research reports. Wall Street Zen cut Telus Digital from a "buy" rating to a "hold" rating in a research report on Sunday, July 20th. National Bankshares cut Telus Digital from an "outperform" rating to a "sector perform" rating and lifted their price objective for the stock from $3.50 to $4.00 in a report on Monday. BMO Capital Markets reduced their price objective on Telus Digital from $4.50 to $3.00 and set a "market perform" rating for the company in a report on Monday, May 12th. CIBC reduced their price objective on Telus Digital from $4.50 to $3.40 and set a "neutral" rating for the company in a report on Friday, June 13th. Finally, National Bank Financial downgraded Telus Digital from an "outperform" rating to a "sector perform" rating and set a $4.00 price target for the company. in a research report on Monday. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $3.88.

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.