National Bank Financial Raises Earnings Estimates for TELUS

TELUS Co. (TSE:T) (NYSE:TU) – Stock analysts at National Bank Financial lifted their FY2025 earnings 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 company will post earnings of $1.06 per share for the year, up from their previous estimate 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 research analysts also recently commented on T. National Bankshares reduced their price objective on shares of TELUS from C$22.00 to C$21.00 and set a “sector perform” rating for the company in a research report on Friday, January 3rd. Royal Bank of Canada decreased their price target on TELUS from C$25.00 to C$24.00 and set an “outperform” rating on the stock in a research note on Wednesday, December 18th. Barclays cut their price objective on TELUS from C$23.00 to C$20.00 in a research report on Thursday, January 30th. TD Securities boosted their target price on shares of TELUS from C$24.00 to C$25.00 and gave the stock a “buy” rating in a research report on Friday, February 14th. Finally, Cormark lowered their price target on shares of TELUS from C$26.00 to C$25.00 in a research note on Monday, November 11th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of C$23.00.

TELUS Stock Down 1.1 %

Shares of TSE:T opened at C$21.57 on Monday. 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 firm’s 50-day simple moving average is C$20.38 and its 200-day simple moving average is C$21.53. The company has a market cap of C$32.48 billion, a price-to-earnings ratio of 35.00, a PEG ratio of 1.65 and a beta of 0.72.

Insider Transactions at TELUS

In other TELUS news, Director Marc Parent bought 19,100 shares of TELUS stock in a transaction dated Tuesday, December 10th. The stock was bought at an average cost of C$22.04 per share, for a total transaction of C$420,964.00. Company insiders own 0.02% of the company’s stock.

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.