By otakuyassine3@gmail.com 
TELUS Co. (NYSE:TU – Free Report) (TSE:T) – Equities research analysts at National Bank Financial increased their FY2025 earnings per share (EPS) estimates for shares of TELUS in a research note issued to investors on Thursday, February 13th. National Bank Financial analyst A. Shine now anticipates that the Wireless communications provider will post earnings per share of $0.74 for the year, up from their prior forecast of $0.73. National Bank Financial has a “Sector Perform” rating on the stock. The consensus estimate for TELUS’s current full-year earnings is $0.72 per share. National Bank Financial also issued estimates for TELUS’s FY2025 earnings at $0.74 EPS, FY2026 earnings at $0.78 EPS and FY2026 earnings at $0.78 EPS.
A number of other research firms have also recently weighed in on TU. Scotiabank upgraded TELUS from a “sector perform” rating to a “sector outperform” rating in a research note on Monday, October 28th. Morgan Stanley started coverage on TELUS in a research report on Monday, December 16th. They set an “equal weight” rating on the stock. Finally, StockNews.com raised TELUS from a “sell” rating to a “hold” rating in a report on Monday, February 10th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, TELUS currently has an average rating of “Hold” and a consensus price target of $26.00.
View Our Latest Research Report on TELUS
TELUS Price Performance
TELUS stock opened at $15.39 on Monday. The company has a current ratio of 0.69, a quick ratio of 0.63 and a debt-to-equity ratio of 1.50. The company has a fifty day simple moving average of $14.21 and a 200-day simple moving average of $15.45. The stock has a market cap of $23.08 billion, a P/E ratio of 32.73, a price-to-earnings-growth ratio of 4.85 and a beta of 0.75. TELUS has a 12-month low of $13.24 and a 12-month high of $18.16.
TELUS (NYSE:TU – Get Free Report) (TSE:T) last issued its quarterly earnings results on Thursday, February 13th. The Wireless communications provider reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.02. TELUS had a net margin of 4.56% and a return on equity of 8.80%. The company had revenue of $3.85 billion during the quarter, compared to the consensus estimate of $3.64 billion. During the same quarter in the previous year, the firm earned $0.10 earnings per share.
TELUS Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 11th will be paid a $0.2829 dividend. The ex-dividend date of this dividend is Tuesday, March 11th. This represents a $1.13 annualized dividend and a yield of 7.35%. TELUS’s dividend payout ratio is presently 224.49%.
Hedge Funds Weigh In On TELUS
Several hedge funds have recently made changes to their positions in the company. Trust Co. of Vermont lifted its holdings in shares of TELUS by 19.0% in the 3rd quarter. Trust Co. of Vermont now owns 7,623 shares of the Wireless communications provider’s stock valued at $128,000 after purchasing an additional 1,218 shares during the last quarter. Blue Trust Inc. lifted its stake in TELUS by 58.0% in the third quarter. Blue Trust Inc. now owns 4,001 shares of the Wireless communications provider’s stock valued at $67,000 after buying an additional 1,468 shares during the last quarter. Raymond James & Associates boosted its holdings in shares of TELUS by 3.2% in the third quarter. Raymond James & Associates now owns 155,212 shares of the Wireless communications provider’s stock valued at $2,604,000 after acquiring an additional 4,822 shares during the period. Vest Financial LLC grew its position in shares of TELUS by 40.7% during the third quarter. Vest Financial LLC now owns 44,910 shares of the Wireless communications provider’s stock worth $754,000 after acquiring an additional 12,991 shares during the last quarter. Finally, Private Advisor Group LLC purchased a new position in shares of TELUS during the third quarter worth approximately $187,000. Hedge funds and other institutional investors own 49.40% of the company’s stock.
About TELUS
TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Technology Solutions and Digitally-Led Customer Experiences segments. The Technology Solutions segment offers a range of telecommunications products and services; network services; healthcare services; mobile technologies equipment; data services, such as internet protocol; television; hosting, managed information technology, and cloud-based services; software, data management, and data analytics-driven smart food-chain and consumer goods technologies; home and business security; healthcare software and technology solutions; and voice and other telecommunications services, as well as mobile and fixed voice and data telecommunications services and products.
Further Reading
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