National Bank Financial Reduces Earnings Estimates for TELUS

TELUS Co. (TSE:T) (NYSE:TU) – Equities research analysts at National Bank Financial cut their FY2025 EPS estimates for TELUS in a note issued to investors on Sunday, June 29th. National Bank Financial analyst A. Shine now anticipates that the company will post earnings per share of $1.10 for the year, down from their previous estimate of $1.12. The consensus estimate for TELUS’s current full-year earnings is $1.23 per share. National Bank Financial also issued estimates for TELUS’s FY2026 earnings at $1.23 EPS.

Several other analysts also recently issued reports on T. Scotiabank set a C$24.50 price target on TELUS and gave the company an “outperform” rating in a research note on Friday, June 13th. Royal Bank Of Canada reduced their price target on TELUS from C$25.00 to C$24.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 9th. National Bankshares upped their target price on TELUS from C$22.00 to C$23.00 and gave the company a “sector perform” rating in a research report on Friday, June 6th. Bank of America downgraded TELUS from a “buy” rating to a “neutral” rating and decreased their price objective for the company from C$24.00 to C$22.00 in a report on Friday, March 21st. Finally, Canaccord Genuity Group upped their price target on TELUS from C$20.25 to C$21.50 in a research report on Monday, May 12th. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, TELUS currently has an average rating of “Hold” and a consensus target price of C$23.04.

TELUS Stock Performance

TSE:T opened at C$22.02 on Wednesday. The business’s 50-day moving average price is C$21.85 and its two-hundred day moving average price is C$21.12. TELUS has a 1-year low of C$19.10 and a 1-year high of C$23.43. The firm has a market capitalization of C$33.15 billion, a price-to-earnings ratio of 35.73, a PEG ratio of 1.65 and a beta of 0.72. The company has a current ratio of 0.69, a quick ratio of 0.52 and a debt-to-equity ratio of 183.41.

About TELUS

Telus is one of the Big Three wireless service providers in Canada, with its 9 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services.