National Bank Financial Lifts Earnings Estimates for TELUS

TELUS Co. (TSE:T) (NYSE:TU) – Equities research analysts at National Bank Financial lifted their FY2025 earnings estimates for shares of TELUS in a research report issued to clients and investors on Thursday, February 13th. National Bank Financial analyst A. Shine now forecasts that the company will earn $1.06 per share for the year, up from their previous forecast of $1.02. National Bank Financial currently 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 have also issued reports on T. Cormark dropped their price objective on shares of TELUS from C$26.00 to C$25.00 in a report on Monday, November 11th. Scotiabank dropped their price target on shares of TELUS from C$23.25 to C$22.50 and set a “sector perform” rating for the company in a research note on Wednesday, January 8th. National Bankshares reduced their price target on shares of 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 increased their price objective on 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, JPMorgan Chase & Co. decreased their price target on TELUS from C$23.00 to C$22.00 and set a “neutral” rating on the stock in a research note on Thursday, January 2nd. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of C$23.00.

TELUS Trading Down 1.1 %

T opened at C$21.57 on Monday. The firm has a market capitalization of C$32.48 billion, a price-to-earnings ratio of 35.00, a price-to-earnings-growth ratio of 1.65 and a beta of 0.72. The company’s 50 day simple moving average is C$20.38 and its two-hundred day simple moving average is C$21.53. TELUS has a 1-year low of C$19.10 and a 1-year high of C$24.47. The company has a debt-to-equity ratio of 183.41, a current ratio of 0.69 and a quick ratio of 0.52.

Insider Buying and Selling

In other news, Director Marc Parent acquired 19,100 shares of the company’s stock in a transaction on Tuesday, December 10th. The shares were bought at an average price of C$22.04 per share, with a total value of C$420,964.00. 0.02% of the stock is owned by company 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.