TELUS (T) to Release Quarterly Earnings on Friday

TELUS (TSE:TGet Free Report) (NYSE:TU) will issue its quarterly earnings data before the market opens on Friday, November 8th. Analysts expect the company to announce earnings of C$0.23 per share for the quarter.

TELUS Stock Down 1.0 %

TELUS stock opened at C$21.61 on Wednesday. TELUS has a 1-year low of C$20.04 and a 1-year high of C$25.94. The firm has a market capitalization of C$31.98 billion, a price-to-earnings ratio of 40.77, a P/E/G ratio of 1.65 and a beta of 0.72. The company has a current ratio of 0.66, a quick ratio of 0.52 and a debt-to-equity ratio of 171.58. The firm has a 50 day simple moving average of C$22.34 and a 200 day simple moving average of C$22.07.

Analyst Ratings Changes

T has been the subject of a number of recent research reports. Scotiabank upgraded shares of TELUS from a “sector perform” rating to an “outperform” rating in a research note on Monday, October 28th. JPMorgan Chase & Co. reduced their price objective on shares of TELUS from C$24.00 to C$23.00 and set a “neutral” rating for the company in a research note on Wednesday, July 10th. Barclays reduced their price target on shares of TELUS from C$24.00 to C$23.00 in a research report on Wednesday, October 9th. BMO Capital Markets boosted their price target on shares of TELUS from C$24.00 to C$25.00 in a research report on Thursday, September 5th. Finally, Canaccord Genuity Group lowered shares of TELUS from a “buy” rating to a “hold” rating and reduced their price target for the company from C$23.00 to C$21.50 in a research report on Tuesday, August 6th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of C$24.54.

Read Our Latest Stock Analysis on T

Insider Transactions at TELUS

In other TELUS news, Director Marc Parent purchased 10,530 shares of the stock in a transaction on Monday, August 12th. The stock was acquired at an average cost of C$22.52 per share, with a total value of C$237,135.60. 0.02% of the stock is currently owned by insiders.

TELUS Company Profile

(Get Free Report)

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.

Further Reading

Earnings History for TELUS (TSE:T)

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