Analysts Issue Forecasts for TELUS’s FY2025 Earnings (TSE:T)

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

A number of other brokerages have also issued reports on T. National Bank Financial lowered TELUS from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 12th. National Bankshares decreased their price objective on shares of TELUS from C$22.00 to C$21.00 and set a “sector perform” rating on the stock in a report on Friday, January 3rd. TD Securities boosted their target price on shares of TELUS from C$24.00 to C$25.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Scotiabank decreased their price target on shares of TELUS from C$23.25 to C$22.50 and set a “sector perform” rating on the stock in a research note on Wednesday, January 8th. Finally, Royal Bank of Canada lowered their price objective on TELUS from C$25.00 to C$24.00 and set an “outperform” rating on the stock in a report on Wednesday, December 18th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of C$23.00.

TELUS Stock Performance

Shares of T stock opened at C$22.36 on Thursday. The company has a current ratio of 0.69, a quick ratio of 0.52 and a debt-to-equity ratio of 183.41. TELUS has a 12-month low of C$19.10 and a 12-month high of C$23.97. The business’s 50 day moving average is C$20.87 and its two-hundred day moving average is C$21.51. The company has a market capitalization of C$33.66 billion, a P/E ratio of 36.28, a P/E/G ratio of 1.65 and a beta of 0.72.

Insiders Place Their Bets

In other news, Director Hazel Cynthia Claxton bought 1,845 shares of TELUS stock in a transaction on Thursday, February 20th. The shares were bought at an average cost of C$21.70 per share, with a total value of C$40,036.50. Also, Director Marc Parent purchased 19,100 shares of the company’s stock in a transaction dated Tuesday, December 10th. The stock was purchased at an average cost of C$22.04 per share, with a total value of C$420,964.00. Corporate 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.