TDCX (TDCX) Set to Announce Earnings on Wednesday

TDCX (NYSE:TDCX – Get Rating) will issue its quarterly earnings data after the market closes on Wednesday, May 31st. Analysts expect the company to announce earnings of $0.13 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

TDCX (NYSE:TDCX – Get Rating) last issued its earnings results on Tuesday, March 7th. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.01). TDCX had a return on equity of 19.79% and a net margin of 15.76%. The firm had revenue of $131.39 million during the quarter, compared to analyst estimates of $129.28 million. On average, analysts expect TDCX to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TDCX Trading Up 0.6 %

NYSE TDCX opened at $8.41 on Wednesday. The business’s 50-day moving average price is $8.31 and its two-hundred day moving average price is $11.07. TDCX has a 12 month low of $6.52 and a 12 month high of $15.38. The firm has a market capitalization of $1.20 billion, a PE ratio of 16.49 and a beta of 0.04. The company has a current ratio of 6.59, a quick ratio of 6.59 and a debt-to-equity ratio of 0.04.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. New York State Common Retirement Fund acquired a new position in TDCX during the 1st quarter worth approximately $26,000. Royal Bank of Canada increased its position in shares of TDCX by 1,120.4% during the third quarter. Royal Bank of Canada now owns 3,649 shares of the company’s stock valued at $35,000 after acquiring an additional 3,350 shares during the last quarter. UBS Group AG increased its position in shares of TDCX by 372.1% during the fourth quarter. UBS Group AG now owns 4,924 shares of the company’s stock valued at $61,000 after acquiring an additional 3,881 shares during the last quarter. Tower Research Capital LLC TRC increased its position in shares of TDCX by 5,628.0% during the third quarter. Tower Research Capital LLC TRC now owns 5,728 shares of the company’s stock valued at $54,000 after acquiring an additional 5,628 shares during the last quarter. Finally, Citigroup Inc. bought a new position in TDCX during the first quarter valued at $83,000. 11.92% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have commented on TDCX. JPMorgan Chase & Co. lowered TDCX from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $14.10 to $12.10 in a research report on Wednesday, March 8th. HSBC lowered TDCX from a “buy” rating to a “hold” rating and set a $13.00 target price on the stock. in a research report on Wednesday, March 8th. Finally, TheStreet lowered TDCX from a “c-” rating to a “d+” rating in a research report on Tuesday, April 4th.

TDCX Company Profile

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TDCX Inc, together with its subsidiaries, provides outsource contact center services for technology and other blue-chip companies in Singapore, Malaysia, Thailand, the Philippines, Japan, China, Spain, India, Colombia, South Korea, and Romania. It offers digital customer experience solutions, including after-sales service and customer support across various industry verticals, such as travel and hospitality, digital advertising and media, fast-moving consumer goods, technology, financial services, fintech, government and non-governmental organizations, gaming, e-commerce, and education.