Cormark Has Positive Outlook of TELUS FY2025 Earnings

TELUS Co. (TSE:T) (NYSE:TU) – Investment analysts at Cormark increased their FY2025 earnings per share estimates for TELUS in a research report issued to clients and investors on Tuesday, March 4th. Cormark analyst D. Mcfadgen now forecasts that the company will earn $0.99 per share for the year, up from their prior forecast of $0.91. Cormark has a “Hold” rating on the stock. The consensus estimate for TELUS’s current full-year earnings is $1.23 per share.

Several other research analysts also recently commented on the stock. Royal Bank of Canada reduced their price target on shares of 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. National Bank Financial lowered shares of TELUS from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 12th. Barclays lowered their price target on TELUS from C$23.00 to C$20.00 in a report on Thursday, January 30th. JPMorgan Chase & Co. reduced their price objective on TELUS from C$23.00 to C$22.00 and set a “neutral” rating on the stock in a report on Thursday, January 2nd. Finally, National Bankshares decreased their target price on 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. Six analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, TELUS has a consensus rating of “Hold” and an average price target of C$23.00.

TELUS Trading Up 1.4 %

T opened at C$22.36 on Thursday. The company has a debt-to-equity ratio of 183.41, a quick ratio of 0.52 and a current ratio of 0.69. The stock’s 50 day moving average price is C$20.87 and its 200-day moving average price is C$21.51. TELUS has a one year low of C$19.10 and a one year high of C$23.97. The stock has a market cap of C$33.66 billion, a price-to-earnings ratio of 36.28, a P/E/G ratio of 1.65 and a beta of 0.72.

Insider Activity at TELUS

In other news, Director Marc Parent bought 19,100 shares of the firm’s stock in a transaction that occurred on Tuesday, December 10th. The stock was purchased at an average price of C$22.04 per share, with a total value of C$420,964.00. Also, Director Hazel Cynthia Claxton purchased 1,845 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The stock was acquired at an average price of C$21.70 per share, for a total transaction of C$40,036.50. 0.02% of the stock is currently owned by 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.