FY2026 EPS Estimates for TELUS Digital Lowered by Analyst

TELUS Digital (NYSE:TIXT) – Investment analysts at Desjardins dropped their FY2026 earnings per share estimates for TELUS Digital in a report released on Monday, May 12th. Desjardins analyst J. Dubreuil now expects that the company will post earnings of $0.40 per share for the year, down from their previous forecast of $0.45. The consensus estimate for TELUS Digital’s current full-year earnings is $0.32 per share.

Several other research analysts have also recently issued reports on the company. Stifel Canada raised TELUS Digital to a “strong-buy” rating in a report on Wednesday, January 15th. Scotiabank dropped their price target on TELUS Digital from $5.00 to $3.00 and set a “sector perform” rating on the stock in a report on Tuesday, April 29th. National Bankshares dropped their price target on TELUS Digital from $4.25 to $3.00 and set a “sector perform” rating on the stock in a report on Friday, April 25th. National Bank Financial raised TELUS Digital from a “sector perform” rating to an “outperform” rating in a report on Friday, May 9th. Finally, BMO Capital Markets dropped their price target on TELUS Digital from $4.50 to $3.00 and set a “market perform” rating on the stock in a report on Monday. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, TELUS Digital currently has a consensus rating of “Hold” and a consensus price target of $4.07.

TELUS Digital Price Performance

NYSE TIXT opened at $2.85 on Tuesday. The stock has a market capitalization of $785.60 million, a P/E ratio of -8.14, a P/E/G ratio of 4.71 and a beta of 0.72. TELUS Digital has a 1 year low of $2.13 and a 1 year high of $6.86. The business’s fifty day moving average is $2.59 and its two-hundred day moving average is $3.30. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.95 and a current ratio of 0.95.

TELUS Digital (NYSE:TIXT) last announced its earnings results on Friday, May 9th. The company reported $0.06 EPS for the quarter, hitting the consensus estimate of $0.06. TELUS Digital had a positive return on equity of 5.73% and a negative net margin of 2.30%. The firm had revenue of $647.04 million for the quarter, compared to analysts’ expectations of $650.18 million.

Hedge Funds Weigh In On TELUS Digital

Several institutional investors and hedge funds have recently added to or reduced their stakes in TIXT. Mackenzie Financial Corp grew its position in TELUS Digital by 31.1% during the 4th quarter. Mackenzie Financial Corp now owns 10,868,451 shares of the company’s stock worth $42,673,000 after purchasing an additional 2,578,241 shares in the last quarter. Medina Value Partners LLC purchased a new position in TELUS Digital during the 4th quarter worth approximately $8,211,000. Arrowstreet Capital Limited Partnership grew its position in TELUS Digital by 209.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,095,220 shares of the company’s stock worth $8,222,000 after purchasing an additional 1,418,119 shares in the last quarter. Clearbridge Investments LLC grew its holdings in shares of TELUS Digital by 27.2% during the 4th quarter. Clearbridge Investments LLC now owns 5,606,794 shares of the company’s stock valued at $21,979,000 after acquiring an additional 1,198,312 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. grew its holdings in shares of TELUS Digital by 365.5% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 739,609 shares of the company’s stock valued at $2,904,000 after acquiring an additional 580,726 shares in the last quarter. 59.55% of the stock is currently owned by hedge funds and other 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.