TELUS (TU) Set to Announce Earnings on Friday

TELUS (NYSE:TU) (TSE:T) is set to announce its earnings results before the market opens on Friday, November 8th. Analysts expect the company to announce earnings of $0.17 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

TELUS Trading Down 3.3 %

NYSE TU opened at $15.11 on Thursday. The firm’s 50 day moving average price is $16.36 and its two-hundred day moving average price is $16.13. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.61 and a current ratio of 0.66. TELUS has a twelve month low of $14.63 and a twelve month high of $19.14. The stock has a market cap of $22.54 billion, a price-to-earnings ratio of 37.78, a PEG ratio of 2.40 and a beta of 0.75.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on TU. StockNews.com upgraded TELUS from a “sell” rating to a “hold” rating in a report on Friday, September 6th. Scotiabank raised TELUS from a “sector perform” rating to a “sector outperform” rating in a research note on Monday, October 28th. Finally, Canaccord Genuity Group downgraded TELUS from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 6th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $26.00.

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.