National Bank Financial Forecasts Higher Earnings for TELUS

TELUS Co. (TSE:T) (NYSE:TU) – National Bank Financial upped their FY2025 earnings per share (EPS) estimates for TELUS in a note issued to investors on Thursday, February 13th. National Bank Financial analyst A. Shine now expects 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.

T has been the subject of a number of other research reports. JPMorgan Chase & Co. lowered their target price on shares of TELUS from C$23.00 to C$22.00 and set a “neutral” rating for the company in a research note on Thursday, January 2nd. National Bankshares cut their price target on TELUS from C$22.00 to C$21.00 and set a “sector perform” rating on the stock in a research report 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. Scotiabank dropped their target price on TELUS from C$23.25 to C$22.50 and set a “sector perform” rating on the stock in a report on Wednesday, January 8th. Finally, CIBC 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, January 8th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of C$23.00.

TELUS Stock Up 0.7 %

TELUS stock opened at C$21.80 on Monday. TELUS has a twelve month low of C$19.10 and a twelve month high of C$24.47. The stock’s fifty day simple moving average is C$20.39 and its 200-day simple moving average is C$21.53. The company has a current ratio of 0.69, a quick ratio of 0.52 and a debt-to-equity ratio of 183.41. The firm has a market capitalization of C$32.82 billion, a P/E ratio of 35.37, a P/E/G ratio of 1.65 and a beta of 0.72.

Insider Activity at TELUS

In other news, Director Marc Parent purchased 19,100 shares of the company’s stock in a transaction on 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. 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.