Telus Digital (TIXT) Projected to Post Earnings on Friday

Telus Digital (NYSE:TIXT) is projected to release its Q2 2025 earnings data 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) last announced its earnings results on Friday, May 9th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.06. Telus Digital had a positive return on equity of 3.40% and a negative net margin of 4.27%. The business had revenue of $647.04 million for the quarter, compared to analyst estimates of $650.18 million. 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 Down 2.5%

Shares of NYSE TIXT opened at $3.86 on Thursday. Telus Digital has a 1 year low of $2.13 and a 1 year high of $6.86. The firm has a market cap of $1.06 billion, a price-to-earnings ratio of -7.88 and a beta of 0.90. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.86 and a current ratio of 0.86. The stock’s 50-day simple moving average is $3.50 and its 200-day simple moving average is $3.17.

Hedge Funds Weigh In On Telus Digital

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

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. National Bankshares lowered Telus Digital from an “outperform” rating to a “sector perform” rating and lifted their target price for the stock from $3.50 to $4.00 in a research report on Monday, July 21st. BMO Capital Markets dropped their target price on 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. CIBC dropped their target price on Telus Digital from $4.50 to $3.40 and set a “neutral” rating on the stock in a research report on Friday, June 13th. 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 note on Monday, July 21st. Finally, Scotiabank lifted their price target on Telus Digital from $3.00 to $3.40 and gave the stock a “sector perform” rating in a research note on Tuesday, June 17th. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price 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.