Investors are poised to add TELUS International (Cda) Inc (TIXT) Stock to their long term portfolios

TELUS International (Cda) Inc [TIXT] stock prices are up 8.66% to $3.64 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TIXT shares have gain 13.75% over the last week, with a monthly amount drifted -2.93%, and not 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 January 16, 2025, when Stifel initiated its Buy rating and assigned the stock a price target of $5. Previously, TD Cowen downgraded its rating to Hold on August 06, 2024, and dropped its price target to $3.75. On August 06, 2024, downgrade downgraded it’s rating to Neutral. RBC Capital Mkts downgraded its rating to a Sector Perform. BofA Securities downgraded its rating to a Underperform and reduced its price target to $4 on August 05, 2024. William Blair downgraded its rating to Mkt Perform for this stock on August 02, 2024. In a note dated July 17, 2024, JP Morgan downgraded an Underweight rating on this stock but restated the target price of $7.

The stock price of TELUS International (Cda) Inc [TIXT] has been fluctuating between $2.83 and $11.51 over the past year. 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 $3.64 at the most recent close of the market. An investor can expect a potential return of 20.33% based on the average TIXT price forecast.

Analyzing the TIXT fundamentals

The TELUS International (Cda) Inc [NYSE:TIXT] reported sales of 2.66B for trailing twelve months, representing a drop of -0.75%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.78.

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 3.47 points at the first support level, and at 3.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.76, and for the 2nd resistance point, it is at 3.89.

Ratios To Look Out For

It’s worth pointing out that TELUS International (Cda) Inc [NYSE:TIXT]’s Current Ratio is 1.02. Also, the Quick Ratio is 1.02, while the Cash Ratio stands at 0.21. Considering the valuation of this stock, the price to sales ratio is 0.38, the price to book ratio is 0.49 and price to earnings (TTM) ratio is 52.30.

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