TELUS (T) to Release Earnings on Friday

TELUS (TSE:TGet Free Report) (NYSE:TU) will be issuing its quarterly earnings data before the market opens on Friday, November 8th. Analysts expect the company to announce earnings of C$0.23 per share for the quarter.

TELUS Trading Down 2.6 %

Shares of T stock opened at C$21.05 on Thursday. The stock has a 50-day moving average of C$22.32 and a 200-day moving average of C$22.06. The company has a current ratio of 0.66, a quick ratio of 0.52 and a debt-to-equity ratio of 171.58. The stock has a market cap of C$31.15 billion, a price-to-earnings ratio of 39.72, a PEG ratio of 1.65 and a beta of 0.72. TELUS has a 1-year low of C$20.04 and a 1-year high of C$25.94.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Scotiabank upgraded TELUS from a “sector perform” rating to an “outperform” rating in a report on Monday, October 28th. BMO Capital Markets boosted their target price on shares of TELUS from C$24.00 to C$25.00 in a research note on Thursday, September 5th. Canaccord Genuity Group downgraded TELUS from a “buy” rating to a “hold” rating and cut their price target for the stock from C$23.00 to C$21.50 in a research note on Tuesday, August 6th. TD Securities cut their price objective on shares of TELUS from C$26.00 to C$25.00 and set a “buy” rating for the company in a report on Wednesday, August 7th. Finally, Barclays dropped their price objective on TELUS from C$24.00 to C$23.00 in a report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$24.54.

Check Out Our Latest Stock Analysis on T

Insider Transactions at TELUS

In related news, Director Marc Parent bought 10,530 shares of the business’s stock in a transaction that occurred on Monday, August 12th. The stock was bought at an average cost of C$22.52 per share, with a total value of C$237,135.60. Corporate insiders own 0.02% of the company’s stock.

TELUS Company Profile

(Get Free Report)

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.

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Earnings History for TELUS (TSE:T)

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