NYSE:TIXT

TELUS International (Cda) (TIXT) Stock Forecast, Price & News

$7.42

0.00 (0.00%)

(As of 09/27/2023 ET)

Compare

Today's Range: $7.39
▼
$7.62
50-Day Range: $7.44
▼
$10.40
52-Week Range: $7.36
▼
$28.50

Volume: 167,210 shs
Average Volume: 205,373 shs
Market Capitalization: $542.25 million

P/E Ratio: 20.05
Dividend Yield: N/A
Price Target: $18.60

TELUS International (Cda) MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.53 Rating Score
Upside/Downside: 150.7% Upside
$18.60 Price Target
Short Interest: Healthy
1.48% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 18.07%
From $0.83 to $0.98 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.67 out of 5 stars

Business Services Sector

77th out of 322 stocks

Data Processing & Preparation Industry

11th out of 60 stocks

4.3

Analyst's Opinion

Consensus Rating
TELUS International (Cda) has received a consensus rating of Moderate Buy. The company's average rating score is 2.53, and is based on 8 buy ratings, 7 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $18.60, TELUS International (Cda) has a forecasted upside of 150.7% from its current price of $7.42.
Amount of Analyst Coverage
TELUS International (Cda) has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
1.48% of the float of TELUS International (Cda) has been sold short.
Short Interest Ratio / Days to Cover
TELUS International (Cda) has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in TELUS International (Cda) has recently increased by 26.14%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
TELUS International (Cda) does not currently pay a dividend.
Dividend Growth
TELUS International (Cda) does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TIXT.

1.1

News and Social Media Coverage

News Sentiment
TELUS International (Cda) has a news sentiment score of -1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.79 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 1 news article for TELUS International (Cda) this week, compared to 1 article on an average week.
Search Interest
Only 10 people have searched for TIXT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
9 people have added TELUS International (Cda) to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TELUS International (Cda) insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.80% of the stock of TELUS International (Cda) is held by insiders.
Percentage Held by Institutions
59.55% of the stock of TELUS International (Cda) is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for TELUS International (Cda) are expected to grow by 18.07% in the coming year, from $0.83 to $0.98 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TELUS International (Cda) is 20.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.76.
Price to Earnings Ratio vs. Sector
The P/E ratio of TELUS International (Cda) is 20.05, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 34.72.
Price to Earnings Growth Ratio
TELUS International (Cda) has a PEG Ratio of 5.69. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
TELUS International (Cda) has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About TELUS International (Cda) (NYSE:TIXT) Stock

TELUS International (Cda) Inc. design, builds, and delivers digital solutions for customer experience (CX) in Europe, North America, the Asia-Pacific, and the Central America. 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. It also offers IT lifecycle services comprising cloud platform solutions, managed IT services, application development and management, quality assurance and testing, system operations, IT service desk, internet of things, engineering solutions, and enterprise platform services; advisory services consists of digital strategy, CX process consulting, data and customer analytics, workforce management, learning excellence solutions, and business and process transformation; back office and automation solutions, such as robotic process automation, talent acquisition, finance and accounting, and supply chain management; and trust, safety, and security services, including content moderation and social media community management, and fraud prevention and detection. In addition, the company provides AI data solutions comprising data collection and creation, data annotation, data validation and relevance, and linguistic annotation for video, audio, text, image, and geographical data, as well as 3D sensor fusion. It serves technology and gaming, communications and media, ecommerce, financial services and financial technology, healthcare, travel and hospitality, and automotive industries. The company was founded in 2005 and is headquartered in Vancouver, Canada. TELUS International (Cda) Inc. is a subsidiary of TELUS Communications Inc.

TIXT Price History

30 days | 90 days | 365 days | Advanced Chart

TIXT Stock News Headlines

August 19, 2023 | fool.com

Telus International (NYSE: TIXT)

August 7, 2023 | markets.businessinsider.com

TELUS International (CDA) (TIXT) Receives a Hold from Barclays

September 27, 2023 | Behind the Markets (Ad)

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August 7, 2023 | markets.businessinsider.com

BMO Capital downgrades TELUS International (CDA) (TIXT) to a Hold

August 4, 2023 | markets.businessinsider.com

TELUS International (CDA) (TIXT) Receives a Buy from Canaccord Genuity

August 1, 2023 | finance.yahoo.com

TELUS supporting net-zero carbon emissions for businesses with accelerated deployment of Smart Building technologies across Canada

July 19, 2023 | finance.yahoo.com

Canada Soccer and TELUS Announce New Multi-Year Partnership

July 17, 2023 | seekingalpha.com

TELUS International: Growth Story Breakdown Drags TELUS With It

September 27, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

July 13, 2023 | finance.yahoo.com

TELUS International provides a preliminary view of second quarter results and a revision to full-year outlook for 2023

July 13, 2023 | finance.yahoo.com

TELUS provides update to annual guidance to reflect TELUS International’s revised financial outlook for full year 2023

July 3, 2023 | finance.yahoo.com

Chief Commercial Officer, Maria Pardee, Announces Retirement From TELUS International After a Successful 30-Year Career in the Technology Industry

June 5, 2023 | finance.yahoo.com

TELUS Esports Series partners with Samsung for the biggest mobile gaming tournament in Canada, powered by the Samsung Galaxy S23 Ultra

May 10, 2023 | msn.com

TELUS International extends footprint to South Africa

May 10, 2023 | finance.yahoo.com

TELUS International (Cda) Inc.'s (NYSE:TIXT) Intrinsic Value Is Potentially 72% Above Its Share Price

May 10, 2023 | finance.yahoo.com

TELUS International expands global operations to Africa

May 6, 2023 | markets.businessinsider.com

Barclays Sticks to Their Buy Rating for TELUS International (CDA) (TIXT)

May 5, 2023 | markets.businessinsider.com

Citigroup Sticks to Their Buy Rating for TELUS International (CDA) (TIXT)

May 4, 2023 | finance.yahoo.com

TELUS International reports first quarter 2023 results, delivering solid performance in revenue and profitability; reiterates full-year outlook

May 2, 2023 | theglobeandmail.com

Closing Bell: Telus International [Cda] Inc down on Monday (TIXT)

April 26, 2023 | theglobeandmail.com

Closing Bell: Telus International [Cda] Inc down on Tuesday (TIXT)

April 21, 2023 | theglobeandmail.com

Closing Bell: Telus International [Cda] Inc down on Thursday (TIXT)

April 21, 2023 | markets.businessinsider.com

TELUS International (CDA) (TIXT) Gets a Hold from Robert W. Baird

April 19, 2023 | theglobeandmail.com

Closing Bell: Telus International [Cda] Inc up on Tuesday (TIXT)

April 18, 2023 | finance.yahoo.com

TELUS International will release first quarter 2023 results and host an investor call on May 4

April 15, 2023 | theglobeandmail.com

Closing Bell: Telus International [Cda] Inc down on Friday (TIXT)

April 12, 2023 | theglobeandmail.com

Closing Bell: Telus International [Cda] Inc down on Wednesday (TIXT)

See More Headlines

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TIXT Company Calendar

Last Earnings: 8/04/2023
Today: 9/27/2023
Next Earnings (Estimated): 11/03/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Data processing & preparation
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NYSE:TIXT
CUSIP: N/A
CIK: 1825155
Web: www.telusinternational.com
Phone: 604-695-6400
Fax: N/A
Employees: 73,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $18.60
High Stock Price Forecast: $35.00
Low Stock Price Forecast: $11.00
Forecasted Upside/Downside: +151.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.53
Research Coverage: 15 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.37
Trailing P/E Ratio: 20.03
Forward P/E Ratio: 8.93
P/E Growth: 5.69
Net Income: $183 million
Net Margins: 3.85%
Pretax Margin: 4.27%
Return on Equity: 14.93%
Return on Assets: 6.65%

Debt

Debt-to-Equity Ratio: 0.90
Current Ratio: 1.27
Quick Ratio: 1.27

Sales & Book Value

Annual Sales: $2.47 billion
Price / Sales: 0.22
Cash Flow: $2.10 per share
Price / Cash Flow: 3.53
Book Value: $6.91 per share
Price / Book: 1.07

Miscellaneous

Outstanding Shares: 73,080,000
Free Float: 69,576,000
Market Cap: $541.52 million
Optionable: Not Optionable
Beta: 0.57

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Key Executives

Mr. Jeffrey D. Puritt (Age 60)
Pres, CEO & Director
Comp: $1.83M

Ms. Mahawa Vanessa Touray (Age 45)
Chief Financial Officer
Comp: $705.05k

Mr. Michael Ringman (Age 51)
Chief Information Officer
Comp: $499.69k

Ms. Marilyn Tyfting (Age 52)
Chief Corp. Officer & Sr. VP
Comp: $522.85k

Ms. Maria Pardee (Age 60)
Chief Commercial Officer
Comp: $672.91k

Mr. Jose-Luis Garcia
Chief Operating Officer

Jason Mayr
Sr. Director of Investor Relations & Treasury

Mr. Michel E. Belec (Age 59)
Chief Legal Officer & Corp. Sec.

Ms. Beth Howen (Age 57)
Chief Transformation Officer

Mr. Tobias Dengel (Age 52)
Pres of WillowTree

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

TIXT Stock - Frequently Asked Questions

Should I buy or sell TELUS International (Cda) stock right now?: 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TELUS International (Cda) in the last year. There are currently 7 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TIXT shares.
View TIXT analyst ratings or view top-rated stocks.
What is TELUS International (Cda)'s stock price forecast for 2023?: 15 analysts have issued 1-year price objectives for TELUS International (Cda)'s stock. Their TIXT share price forecasts range from $11.00 to $35.00. On average, they expect the company's stock price to reach $18.60 in the next year. This suggests a possible upside of 151.0% from the stock's current price.
View analysts price targets for TIXT or view top-rated stocks among Wall Street analysts.
How have TIXT shares performed in 2023?: TELUS International (Cda)'s stock was trading at $19.79 at the start of the year. Since then, TIXT stock has decreased by 62.6% and is now trading at $7.41.
View the best growth stocks for 2023 here.
Are investors shorting TELUS International (Cda)?: TELUS International (Cda) saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,050,000 shares, an increase of 26.1% from the August 31st total of 832,400 shares. Based on an average trading volume of 330,300 shares, the short-interest ratio is presently 3.2 days. Approximately 1.5% of the company's shares are sold short.
View TELUS International (Cda)'s Short Interest.
When is TELUS International (Cda)'s next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, November 3rd 2023.
View our TIXT earnings forecast.
How were TELUS International (Cda)'s earnings last quarter?: TELUS International (Cda) Inc. (NYSE:TIXT) announced its earnings results on Friday, August, 4th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.13 by $0.03. The company earned $667 million during the quarter, compared to analyst estimates of $663.11 million. TELUS International (Cda) had a net margin of 3.85% and a trailing twelve-month return on equity of 14.93%.
What ETF holds TELUS International (Cda)'s stock ?: ProShares Metaverse ETF holds 845 shares of TIXT stock, representing 0.11% of its portfolio.
What guidance has TELUS International (Cda) issued on next quarter's earnings?: TELUS International (Cda) issued an update on its FY 2023 earnings guidance on Friday, September, 1st. The company provided earnings per share (EPS) guidance of $0.90-$0.97 for the period, compared to the consensus earnings per share estimate of $0.91. The company issued revenue guidance of $2.70 billion-$2.73 billion, compared to the consensus revenue estimate of $2.71 billion.

When did TELUS International (Cda) IPO?: (TIXT) raised $799 million in an IPO on Wednesday, February 3rd 2021. The company issued 33,300,000 shares at a price of $23.00-$25.00 per share. J.P. Morgan and Morgan Stanley acted as the underwriters for the IPO and Barclays, BofA Securities, CIBC Capital Markets, Citigroup, Credit Suisse, RBC Capital Markets, Baird, BMO Capital Markets, Scotiabank, TD Securities, Wells Fargo Securities, William Blair, MUFG and National Bank of Canada Financial Markets were co-managers.
What is TELUS International (Cda)'s stock symbol?: TELUS International (Cda) trades on the New York Stock Exchange (NYSE) under the ticker symbol "TIXT."
Who are TELUS International (Cda)'s major shareholders?: TELUS International (Cda)'s stock is owned by a number of retail and institutional investors. Top institutional shareholders include Capital Research Global Investors (18.13%), Mackenzie Financial Corp (15.56%), Royal Bank of Canada (2.72%), Capital International Investors (2.45%), CIBC Asset Management Inc (2.18%) and Franklin Resources Inc. (1.95%).
How do I buy shares of TELUS International (Cda)?: Shares of TIXT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is TELUS International (Cda)'s stock price today?: One share of TIXT stock can currently be purchased for approximately $7.41.
How much money does TELUS International (Cda) make?: TELUS International (Cda) (NYSE:TIXT) has a market capitalization of $541.52 million and generates $2.47 billion in revenue each year. The company earns $183 million in net income (profit) each year or $0.37 on an earnings per share basis.
How many employees does TELUS International (Cda) have?: The company employs 73,000 workers across the globe.
How can I contact TELUS International (Cda)?: TELUS International (Cda)'s mailing address is 510 WEST GEORGIA STREET FLOOR 7, VANCOUVER A1, V6B 0M3. The official website for the company is www.telusinternational.com. The company can be reached via phone at 604-695-6400 or via email at ir@telusinternational.com.

This page (NYSE:TIXT) was last updated on 9/27/2023 by MarketBeat.com Staff

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