Telus Digital Cut to Sector Perform at National Bankshares
| TIXT Stock | USD 3.58 0.16 4.28% |
Slightly above 62% of TELUS International's investor base is looking to short. The analysis of overall sentiment of trading TELUS International stock suggests that many investors are alarmed at this time. TELUS International's investing sentiment can be driven by a variety of factors including economic data, TELUS International's earnings reports, geopolitical events, and overall market trends.
National Bankshares cut shares of Telus Digital from an outperform rating to a sector perform rating in a report issued on Monday morning,BayStreet.CA reports. They currently have 4.00 price objective on the stock, up from their prior price objective of 3.50. Several other research analysts have also recently issued reports on
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TELUS International Fundamental Analysis
We analyze TELUS International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TELUS International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TELUS International based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
TELUS International is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
TELUS International Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TELUS International stock to make a market-neutral strategy. Peer analysis of TELUS International could also be used in its relative valuation, which is a method of valuing TELUS International by comparing valuation metrics with similar companies.
Peers
TELUS International Related Equities
| VOR | Vor Biopharma | 3.32 | ||||
| TCX | Tucows | 1.55 | ||||
| CSGS | CSG Systems | 0.47 | ||||
| IMCR | Immunocore Holdings | 0.09 | ||||
| GB | Global Blue | 0.41 | ||||
| ONTF | ON24 | 0.62 | ||||
| TIXT | TELUS International | 3.16 | ||||
| DAVA | Endava | 3.69 |
Additional Tools for TELUS Stock Analysis
When running TELUS International's price analysis, check to measure TELUS International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TELUS International is operating at the current time. Most of TELUS International's value examination focuses on studying past and present price action to predict the probability of TELUS International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TELUS International's price. Additionally, you may evaluate how the addition of TELUS International to your portfolios can decrease your overall portfolio volatility.