How to Buy Telus International Stock
Telus International Inc
Telus International is a software infrastructure company located in British Columbia, Canada, which is part of the Technology sector, and is traded under the ticker TIXT on the NYSE exchange.
Telus International stock last closed at $3.67, up 1.94% from the previous day, and has decreased 56.67% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.25 percentage points. Telus International stock is currently +29.68% from its 52-week low of $2.83, and -68.11% from its 52-week high of $11.51.
As of Sep 6, 2024, there are 274M TIXT shares outstanding. The market cap of TIXT is $1.01B. In the past 24 hours, 267,789 TIXT shares were traded.
How to Buy Telus International Stock
Not sure how to invest in Telus International stock? Here's how.
- Choose where to buy Telus International stock: You need to choose an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Telus International stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Pick your method of payment and add your info.
- Analyze Telus International stock: The Telus International ticker symbol is TIXT. Is Telus International stock a good investment? Should you buy shares of TIXT? How do TIXT's underlying business fundamentals look? Do top analysts think Telus International is a good buy? Why has TIXT's stock price moved recently? (Hint: Our stock market analysis website can help you understand if TIXT is a good stock to buy).
- Make your TIXT buy order: Decide if you will purchase TIXT shares at the current market price or use a limit order to buy TIXT stock at a specific price.
- Keep tabs on your TIXT position: Create a watchlist to track your position in Telus International stock.
Step 1: Choose where to buy Telus International stock
You will need a brokerage account to access the NYSE market and buy TIXT shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, you need to fill out some personal information so you can invest in TIXT stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open a new brokerage account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have filled out your info on our top ranked stock trading app, you need to deposit funds:
Watch this video walkthrough if you need help transferring funds into your new brokerage account.
Step 4: Analyze Telus International stock
Once you have identified the best place to buy Telus International stock, it's critical to research their stock prior to investing, so you actually understand the risk as well as the upside.
Telus International Numbers
TIXT Due Diligence Checks
WallStreetZen was designed to help average investors do better fundamental analysis.
You can view all of the due diligence checks on TIXT's stock page.
Is TIXT stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge TIXT's true value.
Using relative valuations measures:
- TIXT could be undervalued based on its P/E ratio of 14.12x, relative to Software - Infrastructure industry P/E ratio of 26.19x
- TIXT could be undervalued based on its P/B ratio of 0.49x, relative to Software - Infrastructure industry P/B ratio of 11.16x
- TIXT could be undervalued based on its PEG ratio of 0.29x
You can access additional valuation research on TIXT's stock here.
TIXT Financial Health Summary
Pros:
- There are more short-term assets than short-term liabilities on the TIXT balance sheet.
- TIXT's operating cash flow of $577.00M allows it to safely service it's debt of $1.65B.
Cons:
- TIXT has a relatively high debt to equity ratio of 1.3.
- TIXT profit margin has gone down from 3.8% to 2.7% in the past year.
- There are more long-term liabilities than short-term assets on the TIXT balance sheet.
- TIXT earnings of $248.00M is not enough to cover its interest payments.
Do Wall Street analysts think it's a good time to buy TIXT stock
Out of 9 Wall Street analysts who give ratings on TIXT, the consensus analyst rating on TIXT is a Hold
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
Latest TIXT Analyst Forecasts
David Koning, a top 7% analyst from Baird maintains TIXT with a hold rating and lowers their TIXT price target from $8.00 to $4.00, on Aug 5, 2024.
Tien-tsin Huang, a top 20% analyst from JP Morgan downgrades TIXT to a strong sell rating and announces their TIXT price target of $7.00, on Jul 17, 2024.
Ryan Potter, a bottom 13% analyst from Citigroup maintains TIXT with a hold rating and lowers their TIXT price target from $10.00 to $8.50, on Apr 22, 2024.
Jonathan Lee, a bottom 48% analyst from Guggenheim initiates coverage on TIXT with a hold rating and announces their TIXT price target of $9.00, on Mar 19, 2024.
You can dive deeper into what analysts are projecting on the Telus International stock forecast page.
TIXT Momentum
TIXT Revenue
Last year, TIXT earnings were $72.00M. Over the past three year, TIXT's earnings have gone up by -41.49% per year. This was slower than the Software - Infrastructure industry average of 26.89%.
Last year, TIXT revenue was $2.66B. In the last four year, TIXT's revenue has gone up by 20.8% per year. This was faster than the Software - Infrastructure industry average of 17.63%.
You can analyze TIXT's earnings and revenue performance here.
What are TIXT executives and large shareholders up to?
In the past year, insiders at TIXT have not bought or sold any shares.
Learn more about who owns TIXT shares here.
Can I rely on TIXT as an income stream?
No, Telus International doesn't provide an income stream by paying out dividends.
What do other traders have to say about TIXT?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your TIXT buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount limit, use a limit order.
Press the Open button and eToro will place your order.
If you want additional help with buying stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your TIXT position
Now that you own some TIXT stock, you'll want to keep up with your new investment.
Put TIXT on a watchlist to monitor your TIXT stock.
TIXT Feed
How to Buy Stock in Telus International
To reiterate, here are the 6 steps to buy stock in Telus International:
- Choose where to buy Telus International stock
- Sign up for a brokerage account
- Deposit money your investment account
- Analyze Telus International stock
- Make your TIXT buy order
- Keep tabs on your TIXT position
If you require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to monitor your new investment in Telus International, create a watchlist today.
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