During the recent session, Telus Corp (NYSE:TU)’s traded shares were 1.44 million, with the beta value of the company hitting 0.75. At the last check today, the stock’s price was $15.73, reflecting an intraday gain of 5.36% or $0.8. The 52-week high for the TU share is $17.26, that puts it down -9.73 from that peak though still a striking 15.83% gain since the share price plummeted to a 52-week low of $13.24. The company’s market capitalization is $23.82B, and the average trade volume was 3.70 million shares over the past three months.
Telus Corp (TU) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.26. TU has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.17.
Telus Corp (NYSE:TU) trade information
Telus Corp (TU) registered a 5.36% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 5.36% in intraday trading to $15.73, hitting a weekly high. The stock’s 5-day price performance is 4.66%, and it has moved by 11.80% in 30 days. Based on these gigs, the overall price performance for the year is -4.26%.
The consensus price target of analysts on Wall Street is $22.28, which implies an increase of 29.4% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $21.5 and $24 respectively. As a result, TU is trading at a discount of -52.57% off the target high and -36.68% off the low.
Telus Corp (TU) estimates and forecasts
In the rating firms’ projections, revenue will increase 2.40% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 5.06B as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 5.22B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 4.97B and 5.1B respectively. In this case, analysts expect current quarter sales to grow by 1.81% and then jump by 2.38% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -14.92%. While earnings are projected to return -1.81% in 2025, the next five years will return 6.99% per annum.
TU Dividends
Telus Corp is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Telus Corp is 1.13, with the dividend yield indicating at 7.19 percent, continuing the trend of increasing dividends in recent years.
The next largest institutional holding, with 67.96 million shares, is of BANK OF MONTREAL /CAN/’s that is approximately 4.4711% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.08 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Telus Corp (TU) shares are VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund and JANUS INVESTMENT FUND-Janus Henderson Global Equity Income Fund . Data provided on Jan 31, 2025 indicates that VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund owns about 6.95 shares. This amounts to just over 0.46 percent of the company’s overall shares, with a $110.65 million market value. The same data shows that the other fund manager holds slightly less at 5.55, or about 0.37% of the stock, which is worth about $88.3 million.
