National Bank Financial Expects Stronger Earnings for TELUS

TELUS Co. (TSE:T - Free Report) NYSE: TU - Equities research analysts at National Bank Financial boosted their FY2025 earnings estimates for TELUS in a note issued to investors on Thursday, February 13th. National Bank Financial analyst A. Shine now anticipates that the company will post earnings of $1.06 per share for the year, up from their prior forecast of $1.02. National Bank Financial has a "Hold" rating on the stock. The consensus estimate for TELUS's current full-year earnings is $1.23 per share. National Bank Financial also issued estimates for TELUS's FY2025 earnings at $1.06 EPS, FY2026 earnings at $1.12 EPS and FY2026 earnings at $1.12 EPS.

A number of other equities analysts have also issued reports on the stock. Barclays cut their target price on shares of TELUS from C$23.00 to C$20.00 in a report on Thursday, January 30th. JPMorgan Chase & Co. dropped their price target on TELUS from C$23.00 to C$22.00 and set a "neutral" rating on the stock in a research report on Thursday, January 2nd. National Bankshares lowered their target price on TELUS from C$22.00 to C$21.00 and set a "sector perform" rating on the stock in a research note on Friday, January 3rd. TD Securities boosted their target price on TELUS from C$24.00 to C$25.00 and gave the company a "buy" rating in a report on Friday, February 14th. Finally, CIBC decreased their price target on TELUS from C$25.00 to C$24.00 and set an "outperform" rating for the company in a report on Wednesday, January 8th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of C$23.00.

TELUS Stock Up 0.6 %

T traded up C$0.14 on Monday, reaching C$21.82. The company's stock had a trading volume of 2,666,251 shares, compared to its average volume of 4,072,717. The stock has a 50 day moving average of C$20.37 and a two-hundred day moving average of C$21.53. TELUS has a fifty-two week low of C$19.10 and a fifty-two week high of C$24.47. The company has a quick ratio of 0.52, a current ratio of 0.69 and a debt-to-equity ratio of 183.41. The company has a market capitalization of C$32.85 billion, a price-to-earnings ratio of 35.40, a P/E/G ratio of 1.65 and a beta of 0.72.

Insider Buying and Selling

In related news, Director Marc Parent bought 19,100 shares of the stock in a transaction dated Tuesday, December 10th. The stock was acquired at an average price of C$22.04 per share, for a total transaction of C$420,964.00. 0.02% of the stock is owned by company insiders.

TELUS Company Profile

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.