The stock of TELUS International (Cda) Inc (TIXT) has gone down by -0.52% for the week, with a 4.68% rise in the past month and a 34.28% rise in the past quarter. The volatility ratio for the week is 3.79%, and the volatility levels for the past 30 days are 3.77% for TIXT. The simple moving average for the last 20 days is -0.42% for TIXT’s stock, with a simple moving average of -39.34% for the last 200 days.
Is It Worth Investing in TELUS International (Cda) Inc (NYSE: TIXT) Right Now?
TELUS International (Cda) Inc (NYSE: TIXT) has a higher price-to-earnings ratio of 17.38x compared to its average ratio. TIXT has 36-month beta value of 0.71. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 10 as “hold,” and 2 as “sell.”
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The public float for TIXT is 64.11M, and currently, short sellers hold a 3.63% ratio of that float. The average trading volume of TIXT on November 08, 2024 was 434.74K shares.
TIXT) stock’s latest price update
The stock price of TELUS International (Cda) Inc (NYSE: TIXT) has dropped by -4.28 compared to previous close of 3.97. Despite this, the company has seen a fall of -0.52% in its stock price over the last five trading days. zacks.com reported 2024-11-08 that Telus International (TIXT) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.21 per share a year ago.
Analysts’ Opinion of TIXT
Many brokerage firms have already submitted their reports for TIXT stocks, with TD Cowen repeating the rating for TIXT by listing it as a “Hold.” The predicted price for TIXT in the upcoming period, according to TD Cowen is $3.75 based on the research report published on August 06, 2024 of the current year 2024.
TIXT Trading at 2.07% from the 50-Day Moving Average
After a stumble in the market that brought TIXT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -66.99% of loss for the given period.
Volatility was left at 3.77%, however, over the last 30 days, the volatility rate increased by 3.79%, as shares surge +3.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.98% upper at present.
During the last 5 trading sessions, TIXT rose by +3.27%, which changed the moving average for the period of 200-days by -54.66% in comparison to the 20-day moving average, which settled at $3.82. In addition, TELUS International (Cda) Inc saw -55.71% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for TIXT
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.44 for the gross margin
The net margin for TELUS International (Cda) Inc stands at 0.03. The total capital return value is set at 0.05. Equity return is now at value 3.56, with 1.49 for asset returns.
Based on TELUS International (Cda) Inc (TIXT), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.34. The debt to equity ratio resting at 0.68. The interest coverage ratio of the stock is 1.28.
Currently, EBITDA for the company is 579.0 million with net debt to EBITDA at 2.76. When we switch over and look at the enterprise to sales, we see a ratio of 0.96. The receivables turnover for the company is 4.97for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.09.
Conclusion
To put it simply, TELUS International (Cda) Inc (TIXT) has had a mixed performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
