What is Cormark's Forecast for TELUS Q4 Earnings?

TELUS Co. (TSE:T - Free Report) NYSE: TU - Cormark issued their Q4 2024 earnings per share estimates for shares of TELUS in a report issued on Thursday, February 6th. Cormark analyst D. Mcfadgen anticipates that the company will post earnings per share of $0.21 for the quarter. The consensus estimate for TELUS's current full-year earnings is $1.23 per share.

TELUS (TSE:T - Get Free Report) NYSE: TU last announced its earnings results on Friday, November 8th. The company reported C$0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.23 by C$0.05. TELUS had a net margin of 3.91% and a return on equity of 4.67%. During the same quarter in the previous year, the firm posted $0.25 EPS.

T has been the subject of a number of other research reports. TD Securities reduced their target price on TELUS from C$25.00 to C$24.00 and set a "buy" rating for the company in a report on Thursday, January 30th. Royal Bank of Canada cut their target price on TELUS from C$25.00 to C$24.00 and set an "outperform" rating on the stock in a research report on Wednesday, December 18th. National Bank Financial lowered TELUS from a "strong-buy" rating to a "hold" rating in a research report on Thursday, December 12th. National Bankshares decreased their price target on TELUS from C$22.00 to C$21.00 and set a "sector perform" rating for the company in a research note on Friday, January 3rd. Finally, CIBC cut their price objective on TELUS from C$25.00 to C$24.00 and set an "outperform" rating for the company in a report on Wednesday, January 8th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of C$22.90.

TELUS Trading Up 0.5 %

T traded up C$0.10 on Friday, hitting C$20.83. The company had a trading volume of 3,071,556 shares, compared to its average volume of 4,124,894. 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 market cap of C$30.83 billion, a P/E ratio of 39.30, a PEG ratio of 1.65 and a beta of 0.72. The company's fifty day moving average price is C$20.46 and its 200 day moving average price is C$21.55. TELUS has a 1 year low of C$19.10 and a 1 year high of C$24.47.

Insider Buying and Selling

In other TELUS news, Director Victor George Dodig bought 100,000 shares of the firm's stock in a transaction dated Thursday, November 14th. The shares were purchased at an average price of C$21.38 per share, for a total transaction of C$2,138,000.00. Also, Director Marc Parent acquired 19,100 shares of the firm's stock in a transaction on Tuesday, December 10th. The stock was purchased at an average price of C$22.04 per share, for a total transaction of C$420,964.00. 0.02% of the stock is owned by insiders.

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.