TELUS International (Cda) Inc [TIXT] stock is trading at $6.65, up 1.68%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TIXT shares have gain 4.23% over the last week, with a monthly amount glided 15.05%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
TELUS International (Cda) Inc [NYSE: TIXT] stock has seen the most recent analyst activity on July 17, 2024, when JP Morgan downgraded its rating to a Underweight but kept the price target unchanged to $7 for it. Previously, Scotiabank downgraded its rating to Sector Perform on May 10, 2024, and kept the price target unchanged to $10. On March 19, 2024, Guggenheim initiated with a Neutral rating and assigned a price target of $9 on the stock. Scotiabank upgraded its rating to a Sector Outperform. BMO Capital Markets downgraded its rating to a Market Perform and reduced its price target to $11 on August 07, 2023. National Bank Financial downgraded its rating to Sector Perform for this stock on July 14, 2023, and downed its price target to $17. In a note dated July 14, 2023, Citigroup downgraded an Neutral rating on this stock and revised its target price from $24 to $15.
TELUS International (Cda) Inc [TIXT] stock has fluctuated between $5.53 and $11.51 over the past year. Currently, Wall Street analysts expect the stock to reach $19.52 within the next 12 months. TELUS International (Cda) Inc [NYSE: TIXT] shares were valued at $6.65 at the most recent close of the market. An investor can expect a potential return of 193.53% based on the average TIXT price forecast.
Analyzing the TIXT fundamentals
TELUS International (Cda) Inc [NYSE:TIXT] reported sales of 2.68B for the trailing twelve months, which represents a drop of -4.23%. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.72.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.55 points at the first support level, and at 6.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.73, and for the 2nd resistance point, it is at 6.82.
Ratios To Look Out For
For context, TELUS International (Cda) Inc’s Current Ratio is 1.16. As well, the Quick Ratio is 1.16, while the Cash Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 0.68, the price to book ratio is 0.89 and price to earnings (TTM) ratio is 32.61.
