FY2025 EPS Estimates for Telus Digital Decreased by Analyst

Telus Digital (NYSE:TIXT) – Investment analysts at National Bank Financial decreased their FY2025 earnings per share (EPS) estimates for shares of Telus Digital in a research report issued on Tuesday, September 2nd. National Bank Financial analyst R. Tse now anticipates that the company will post earnings of $0.29 per share for the year, down from their prior forecast of $0.45. National Bank Financial has a “Sector Perform” rating and a $4.00 price objective on the stock. The consensus estimate for Telus Digital’s current full-year earnings is $0.32 per share. National Bank Financial also issued estimates for Telus Digital’s FY2026 earnings at $0.45 EPS.

Telus Digital (NYSE:TIXT) last announced its quarterly earnings results on Friday, August 1st. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.01. The business had revenue of $711.33 million for the quarter, compared to analysts’ expectations of $660.87 million. Telus Digital had a positive return on equity of 1.99% and a negative net margin of 14.09%. Telus Digital has set its FY 2025 guidance at 0.320-0.320 EPS.

A number of other equities research analysts have also weighed in on TIXT. BMO Capital Markets cut their price objective 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. Stifel Nicolaus cut Telus Digital from a “buy” rating to a “hold” rating and upped their price target for the stock from $4.00 to $4.50 in a research note on Wednesday. CIBC cut Telus Digital from a “neutral” rating to a “tender” rating and upped their price target for the stock from $3.40 to $4.50 in a research note on Wednesday. Wall Street Zen cut Telus Digital from a “buy” rating to a “hold” rating in a research note on Sunday, July 20th. Finally, Scotiabank upped their price target on Telus Digital from $3.40 to $4.50 and gave the stock a “sector perform” rating in a research note on Thursday. Nine investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $3.93.

Telus Digital Price Performance

Shares of TIXT stock opened at $4.48 on Friday. The firm has a market cap of $1.24 billion, a P/E ratio of -3.22 and a beta of 0.91. Telus Digital has a fifty-two week low of $2.13 and a fifty-two week high of $4.60. The business’s 50 day moving average price is $3.89 and its 200-day moving average price is $3.20. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.84 and a current ratio of 0.84.

Institutional Investors Weigh In On Telus Digital

Several hedge funds have recently added to or reduced their stakes in TIXT. Mackenzie Financial Corp boosted its holdings in Telus Digital by 31.1% in the fourth quarter. Mackenzie Financial Corp now owns 10,868,451 shares of the company’s stock worth $42,673,000 after acquiring an additional 2,578,241 shares in the last quarter. QV Investors Inc. boosted its holdings in Telus Digital by 25.8% in the second quarter. QV Investors Inc. now owns 7,614,325 shares of the company’s stock worth $27,623,000 after acquiring an additional 1,561,690 shares in the last quarter. Acadian Asset Management LLC boosted its holdings in Telus Digital by 1,347.7% in the first quarter. Acadian Asset Management LLC now owns 728,179 shares of the company’s stock worth $1,942,000 after acquiring an additional 677,879 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its holdings in Telus Digital by 365.5% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 739,609 shares of the company’s stock worth $2,904,000 after acquiring an additional 580,726 shares in the last quarter. Finally, Scoggin Management LP bought a new stake in Telus Digital in the second quarter worth $2,011,000. 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.