Research Analysts Offer Predictions for TELUS Co.’s FY2025 Earnings (NYSE:TU)

TELUS Co. (NYSE:TU) (TSE:T) – National Bank Financial reduced their FY2025 EPS estimates for shares of TELUS in a note issued to investors on Tuesday, October 1st. National Bank Financial analyst A. Shine now expects that the Wireless communications provider will earn $0.73 per share for the year, down from their prior estimate of $0.74. The consensus estimate for TELUS’s current full-year earnings is $0.74 per share.

Several other research firms have also recently weighed in on TU. StockNews.com raised shares of TELUS from a “sell” rating to a “hold” rating in a report on Friday, September 6th. Canaccord Genuity Group cut shares of TELUS from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 6th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, TELUS presently has a consensus rating of “Hold” and an average target price of $27.33.

TELUS Stock Down 0.8 %

Shares of TU stock opened at $16.30 on Thursday. The stock has a market cap of $24.16 billion, a price-to-earnings ratio of 41.80, a PEG ratio of 2.52 and a beta of 0.74. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.61 and a current ratio of 0.66. TELUS has a 52-week low of $14.63 and a 52-week high of $19.14. The firm’s 50-day moving average is $16.42 and its 200-day moving average is $16.13.

TELUS (NYSE:TU) (TSE:T) last issued its earnings results on Friday, August 2nd. The Wireless communications provider reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.09. The company had revenue of $3.64 billion for the quarter, compared to analysts’ expectations of $3.70 billion. TELUS had a net margin of 3.87% and a return on equity of 8.50%. During the same period in the prior year, the firm earned $0.14 EPS.

TELUS Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Tuesday, September 10th were given a dividend of $0.284 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 6.97%. The ex-dividend date was Tuesday, September 10th. This is a positive change from TELUS’s previous quarterly dividend of $0.28. TELUS’s dividend payout ratio is presently 294.88%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Fairscale Capital LLC acquired a new position in shares of TELUS during the 2nd quarter worth approximately $27,000. Blue Trust Inc. grew its position in shares of TELUS by 60.4% during the 2nd quarter. Blue Trust Inc. now owns 2,533 shares of the Wireless communications provider’s stock worth $41,000 after purchasing an additional 954 shares in the last quarter. Gulf International Bank UK Ltd grew its position in shares of TELUS by 39.8% during the 1st quarter. Gulf International Bank UK Ltd now owns 2,752 shares of the Wireless communications provider’s stock worth $44,000 after purchasing an additional 784 shares in the last quarter. UniSuper Management Pty Ltd acquired a new position in shares of TELUS during the 1st quarter worth approximately $58,000. Finally, Dixon Mitchell Investment Counsel Inc. acquired a new position in shares of TELUS during the 1st quarter worth approximately $71,000. Institutional investors and hedge funds own 49.40% of the company’s stock.

About TELUS

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.