At the time of writing, TELUS International (Cda) Inc [TIXT] stock is trading at $4.19, up 0.72%. An important factor to consider is whether the stock is rising or falling in short-term value. The TIXT shares have gain 8.83% over the last week, with a monthly amount glided 6.08%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
TELUS International (Cda) Inc [NYSE: TIXT] stock has seen the most recent analyst activity on August 06, 2024, when TD Cowen downgraded its rating to a Hold and also revised its price target to $3.75 from $10. Previously, CIBC downgraded its rating to Neutral on August 06, 2024. On August 05, 2024, downgrade downgraded it’s rating to Sector Perform. BofA Securities downgraded its rating to a Underperform and decreased its price target to $4 on August 05, 2024. William Blair downgraded its rating to a Mkt Perform. JP Morgan downgraded its rating to Underweight for this stock on July 17, 2024, but kept the price target unchanged to $7. In a note dated May 10, 2024, Scotiabank downgraded an Sector Perform rating on this stock but restated the target price of $10.
For the past year, the stock price of TELUS International (Cda) Inc fluctuated between $2.83 and $11.51. Currently, Wall Street analysts expect the stock to reach $4.38 within the next 12 months. TELUS International (Cda) Inc [NYSE: TIXT] shares were valued at $4.19 at the most recent close of the market. An investor can expect a potential return of 4.53% based on the average TIXT price forecast.
Analyzing the TIXT fundamentals
According to TELUS International (Cda) Inc [NYSE:TIXT], the company’s sales were 2.66B for trailing twelve months, which represents an -0.75% plunge. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.78.
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 4.10 points at the first support level, and at 4.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.28, and for the 2nd resistance point, it is at 4.37.
Ratios To Look Out For
It is important to note that TELUS International (Cda) Inc [NYSE:TIXT] has a current ratio of 1.02. On the other hand, the Quick Ratio is 1.02, and the Cash Ratio is 0.21. Considering the valuation of this stock, the price to sales ratio is 0.43, the price to book ratio is 0.56 and price to earnings (TTM) ratio is 60.20.
