Brokers Set Expectations for TELUS's FY2025 Earnings (TSE:T)

TELUS Co. (TSE:T - Free Report) NYSE: TU - Equities research analysts at Desjardins raised their FY2025 earnings estimates for shares of TELUS in a research report issued on Monday, May 12th. Desjardins analyst J. Dubreuil now forecasts that the company will earn $1.01 per share for the year, up from their prior forecast of $0.97. The consensus estimate for TELUS's current full-year earnings is $1.23 per share.

T has been the subject of several other research reports. Bank of America downgraded shares of TELUS from a "buy" rating to a "neutral" rating and dropped their price objective for the company from C$24.00 to C$22.00 in a research note on Friday, March 21st. Barclays dropped their price objective on shares of TELUS from C$23.00 to C$20.00 in a research note on Thursday, January 30th. Canaccord Genuity Group raised their price target on shares of TELUS from C$20.25 to C$21.50 in a research note on Monday, May 12th. TD Securities raised their price target on shares of TELUS from C$24.00 to C$25.00 and gave the company a "buy" rating in a research note on Friday, February 14th. Finally, Cormark downgraded shares of TELUS from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Seven investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, TELUS presently has an average rating of "Hold" and a consensus target price of C$22.88.

TELUS Price Performance

Shares of TSE T traded up C$0.17 during trading hours on Wednesday, hitting C$22.07. 2,996,257 shares of the stock were exchanged, compared to its average volume of 4,300,300. The company has a debt-to-equity ratio of 183.41, a quick ratio of 0.52 and a current ratio of 0.69. The company has a market cap of C$33.23 billion, a PE ratio of 35.81, a price-to-earnings-growth ratio of 1.65 and a beta of 0.72. The company's fifty day simple moving average is C$20.82 and its two-hundred day simple moving average is C$21.00. TELUS has a 1-year low of C$19.10 and a 1-year high of C$23.43.

Insider Activity

In other news, Director Hazel Cynthia Claxton purchased 1,845 shares of the business's stock in a transaction that occurred on Thursday, February 20th. The shares were acquired at an average cost of C$21.70 per share, for a total transaction of C$40,036.50. Corporate insiders own 0.02% 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.