TELUS (TU) to Release Earnings on Friday

TELUS (NYSE:TU) (TSE:T) is expected to post its quarterly earnings results before the market opens on Friday, February 14th. Analysts expect TELUS to post earnings of $0.15 per share and revenue of $3.66 billion for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

TELUS Stock Performance

Shares of NYSE:TU opened at $14.57 on Wednesday. The firm has a market capitalization of $21.85 billion, a PE ratio of 30.99, a P/E/G ratio of 4.85 and a beta of 0.75. TELUS has a 12 month low of $13.24 and a 12 month high of $18.16. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.69 and a quick ratio of 0.63. The business has a 50-day moving average of $14.27 and a two-hundred day moving average of $15.47.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. StockNews.com raised shares of TELUS from a “sell” rating to a “hold” rating in a research report on Monday. Morgan Stanley assumed coverage on shares of TELUS in a report on Monday, December 16th. They set an “equal weight” rating on the stock. Scotiabank upgraded TELUS from a “sector perform” rating to a “sector outperform” rating in a report on Monday, October 28th. Finally, National Bank Financial cut TELUS from an “outperform” rating to a “sector perform” rating in a research note on Friday, December 13th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price 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.