With 0.52 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.46 million shares. The 52-week range on TIXT shows that it touched its highest point at $11.51 and its lowest point at $2.83 during that stretch. It currently has a 1-year price target of $4.59. Beta for the stock currently stands at 0.69.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TIXT was down-trending over the past week, with a drop of -10.16%, but this was down by -14.50% over a month. Three-month performance dropped to -3.72% while six-month performance fell -5.08%. The stock lost -69.32% in the past year, while it has lost -14.29% so far this year. A look at the trailing 12-month EPS for TIXT yields -0.23 with Next year EPS estimates of 0.47. For the next quarter, that number is 0.05. This implies an EPS growth rate of -14.47% for this year and 42.18% for next year.
Float and Shares Shorts:
At present, 112.00 million TIXT shares are outstanding with a float of 64.24 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TIXT since 7 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.45635 being high and $0.38838 being low. For TIXT, this leads to a yearly average estimate of $0.41751. Based on analyst estimates, the high estimate for the next quarter is $0.09 and the low estimate is $0.03. The average estimate for the next quarter is thus $0.06.
