Desjardins Has Negative Outlook of TELUS FY2025 Earnings

TELUS Co. (NYSE:TU) (TSE:T) – Research analysts at Desjardins cut their FY2025 earnings per share estimates for TELUS in a research report issued to clients and investors on Monday, November 11th. Desjardins analyst J. Dubreuil now expects that the Wireless communications provider will earn $0.72 per share for the year, down from their prior forecast of $0.73. The consensus estimate for TELUS’s current full-year earnings is $0.78 per share.

A number of other research firms have also weighed in on TU. Canaccord Genuity Group lowered TELUS from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 6th. Scotiabank upgraded shares of TELUS from a “sector perform” rating to a “sector outperform” rating in a research note on Monday, October 28th. Finally, StockNews.com raised shares of TELUS from a “sell” rating to a “hold” rating in a research report on Friday, September 6th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, TELUS currently has a consensus rating of “Hold” and a consensus price target of $26.00.

TELUS Price Performance

TU stock opened at $15.17 on Thursday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.61 and a current ratio of 0.69. The business has a 50-day simple moving average of $16.25 and a two-hundred day simple moving average of $16.11. The company has a market capitalization of $22.63 billion, a P/E ratio of 32.19, a price-to-earnings-growth ratio of 2.09 and a beta of 0.75. TELUS has a 52-week low of $14.63 and a 52-week high of $19.14.

TELUS (NYSE:TU) (TSE:T) last released its quarterly earnings data on Friday, November 8th. The Wireless communications provider reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.11. The firm had revenue of $5.10 billion for the quarter, compared to analyst estimates of $3.69 billion. TELUS had a net margin of 4.56% and a return on equity of 8.80%. The business’s quarterly revenue was up 1.8% compared to the same quarter last year. During the same period last year, the firm earned $0.19 earnings per share.

TELUS Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Wednesday, December 11th will be given a dividend of $0.297 per share. The ex-dividend date is Wednesday, December 11th. This is a positive change from TELUS’s previous quarterly dividend of $0.28. This represents a $1.19 annualized dividend and a dividend yield of 7.83%. TELUS’s dividend payout ratio (DPR) is currently 244.69%.

Institutional Trading of TELUS

Several hedge funds have recently added to or reduced their stakes in the stock. Fairscale Capital LLC purchased a new stake in shares of TELUS during the second quarter worth $27,000. Blue Trust Inc. boosted its position in shares of TELUS by 60.4% in the second quarter. Blue Trust Inc. now owns 2,533 shares of the Wireless communications provider’s stock valued at $41,000 after acquiring an additional 954 shares during the period. UniSuper Management Pty Ltd purchased a new position in TELUS during the first quarter valued at approximately $58,000. Acadian Asset Management LLC bought a new stake in TELUS during the 2nd quarter worth approximately $123,000. Finally, Trust Co. of Vermont grew its position in shares of TELUS by 19.0% during the 3rd quarter. Trust Co. of Vermont now owns 7,623 shares of the Wireless communications provider’s stock valued at $128,000 after purchasing an additional 1,218 shares in the last quarter. Institutional investors own 49.40% of the company’s stock.

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.