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 $8.32, up 3.48% from the previous day, and has decreased 59.67% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.74 percentage points. Telus International stock is currently +38.09% from its 52-week low of $6.03, and -59.22% from its 52-week high of $20.40.
As of Apr 24, 2024, there are 274M TIXT shares outstanding. The market cap of TIXT is $2.28B. In the past 24 hours, 163,529 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.
Our favorite brokerage: eToro
Based on our experience, eToro is the best stock brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global markets: From Tech to Industrials, New York to London — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by opening an account with eToro now.
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 41.6x, relative to Software - Infrastructure industry P/E ratio of 77.6x
- TIXT could be undervalued based on its P/B ratio of 1.12x, relative to Software - Infrastructure industry P/B ratio of 11.8x
- TIXT could be undervalued based on its PEG ratio of 0.17x
You can access additional valuation research on TIXT's stock here.
TIXT Financial Health Summary
Pros:
- Total TIXT debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the TIXT balance sheet.
- TIXT's operating cash flow of $498.00M allows it to safely service it's debt of $1.75B.
Cons:
- TIXT profit margin has gone down from 7.4% to 2% in the past year.
- TIXT earnings of $203.00M is not enough to cover its interest payments.
- TIXT has a relatively high debt to equity ratio of 1.37.
- There are more long-term liabilities than short-term assets on the TIXT balance sheet.
Is it a good time to buy Telus International stock, according to Wall Street analysts?
Out of 5 sell side analysts who monitor TIXT, the consensus analyst rating on Telus International is a Hold
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Telus International stock forecast page.
TIXT Technical Indicators
TIXT Performance Numbers
Last year, TIXT earnings were $54.00M. Over the last 5 year, TIXT's earnings have increased by -4.36% per year. This was slower than the Software - Infrastructure industry average of 141.57%.
Last year, TIXT revenue was $2.71B. Over the past five year, TIXT's revenue has increased by 62.02% per year. This was faster than the Software - Infrastructure industry average of 17.1%.
Dive into TIXT's earnings and revenue performance here.
Latest Insiders Trades at TIXT
In the past 12 months, executives and large shareholders at TIXT have not bought or sold any shares.
Get more info about who owns TIXT shares here.
Can I get consistent income from TIXT stock?
No, Telus International doesn't provide an income stream by paying out dividends.
What others are saying about TIXT
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your TIXT buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount, place a limit order.
Hit the Open button and eToro will place the order.
If you need additional help with investing in stocks on eToro, click the how to 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 stock purchase.
Create a watchlist to get notified of important updates regarding your TIXT stock.
TIXT Feed
How to Buy Stock in Telus International
To reiterate, here are the 6 steps you need to take to buy Telus International stock right now:
- 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 place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to monitor your new investment in Telus International, click below.
Other Articles You May Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.