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OTCMKTS:TLSYY

Telstra (TLSYY) Stock Price, News & Analysis

$12.48
+0.09 (+0.73%)
(As of 10/28/2022)
Today's Range
$12.15
$12.65
50-Day Range
$12.48
$12.48
52-Week Range
$11.66
$15.79
Volume
63,400 shs
Average Volume
57,793 shs
Market Capitalization
$28.84 billion
P/E Ratio
N/A
Dividend Yield
4.25%
Price Target
N/A
TLSYY stock logo

About Telstra Stock (OTCMKTS:TLSYY)

Telstra Corporation Limited provides telecommunications and information services to businesses, governments, and individuals in Australia and internationally. It operates in four segments: Telstra Consumer and Small Business, Telstra Enterprise, Networks and IT, and Telstra InfraCo. The company offers telecommunication, media and technology products and services in Australia using mobile and fixed network technologies, as well as operates call centers, retail stores, a dealership network, digital channels, distribution systems and Telstra Plus customer loyalty program. It also provides network capacity and management, unified communications, cloud, security, industry solutions, integrated and monitoring services to government and large enterprise and business customers; wholesale services, including voice and data; and telecommunication products and services to other carriers, carriage service providers, and internet service providers, as well as builds and manages digital platforms. In addition, the company operates the fixed passive network infrastructure, including data centers, exchanges, poles, ducts, pits and pipes, and fiber network; provides wholesale customers with access to network infrastructure; provides long-term access to components of infrastructure under the infrastructure services agreement; designs and constructs fiber, exchanges, and other infrastructure; and operates the passive and physical mobile tower assets owned or operated by the Amplitel Pty Ltd. The company was formerly known as Australian and Overseas Telecommunications Corporation Limited and changed its name to Telstra Corporation Limited in April 1993. Telstra Corporation Limited was founded in 1901 and is based in Melbourne, Australia.

TLSYY Stock Price History

TLSYY Stock News Headlines

Telstra Group (ASX: TLS)
REVEALED: Elon Musk’s Secret A.I. Facility?
I recently shot this video outside what could be Elon Musk’s biggest secret. What’s happening inside these walls is so important that our government has declared it a matter of national security.
Telstra Group Ltd TLS
5 reasons to love Telstra shares right now
Telstra shares: Bull vs. Bear
REVEALED: Elon Musk’s Secret A.I. Facility?
I recently shot this video outside what could be Elon Musk’s biggest secret. What’s happening inside these walls is so important that our government has declared it a matter of national security.
Optus and Telstra unite in cyber battle
TLGPY Telstra Group Limited
VIV vs. TLSYY: Which Stock Is the Better Value Option?
See More Headlines
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Company Calendar

Today
4/16/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Telephone communication, except radio
Sub-Industry
N/A
Current Symbol
OTCMKTS:TLSYY
CIK
N/A
Fax
N/A
Employees
28,889
Year Founded
1901

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$15.21 billion
Cash Flow
$0.52 per share
Book Value
$5.29 per share

Miscellaneous

Outstanding Shares
2,310,885,000
Free Float
N/A
Market Cap
$28.84 billion
Optionable
Not Optionable
Beta
0.80

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Key Executives

  • Ms. Vicki Maree Brady
    CEO & Director
  • Mr. Michael G. Ackland
    Chief Financial Officer
  • Ms. Alexandra Badenoch
    Group Exec. of Transformation, Communications & People
  • Mr. David Burns
    Group Exec. of Enterprise
  • Mr. Brendon Riley BBus
    Group Exec. & CEO of Telstra InfraCo
  • Nikos Katinakis
    Group Exec. of Networks & IT
  • Mr. Dean Salter
    Group Exec. of Global Bus. Services
  • Mr. Nathan Burley
    Head of Investor Relations
  • Ms. Lyndall Stoyles
    Group Gen. Counsel and Group Exec., Sustainability, External Affairs & Legal
  • Ms. Nicole McKechnie
    Head of Communications

Should I Buy Telstra Stock? TLSYY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Telstra Co. Limited:

  • Telstra recently promoted Roary Stasko to Telstra International CEO, indicating a focus on expanding its international presence and potentially driving growth.
  • Telstra's diversified business model across consumer, enterprise, networks, and infrastructure segments provides stability and multiple revenue streams.
  • The company offers a wide range of telecommunication, media, and technology products and services, catering to various customer needs and preferences.
  • Telstra's strong presence in Australia and internationally positions it well to capitalize on the increasing demand for telecommunications and information services globally.
  • Considering the current stock price and potential growth opportunities in the telecommunications sector, investing in Telstra may offer a favorable risk-reward profile for investors.

Cons

Investors should be bearish about investing in Telstra Co. Limited for these reasons:

  • Intense competition in the telecommunications industry may impact Telstra's market share and pricing power, potentially affecting its profitability.
  • Rapid technological advancements and evolving consumer preferences could require significant investments in infrastructure and innovation, leading to higher capital expenditures.
  • Regulatory changes or government interventions in the telecommunications sector could introduce uncertainties and compliance challenges for Telstra.
  • Fluctuations in currency exchange rates, especially given Telstra's international operations, may expose the company to foreign exchange risks impacting its financial performance.
  • Market volatility and macroeconomic factors could influence Telstra's stock price, requiring investors to carefully assess their risk tolerance and investment horizon.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Telstra pros and cons to contact@marketbeat.com.

TLSYY Stock Analysis - Frequently Asked Questions

How have TLSYY shares performed in 2024?

Telstra's stock was trading at $12.48 at the start of the year. Since then, TLSYY stock has increased by 0.0% and is now trading at $12.48.
View the best growth stocks for 2024 here
.

Is Telstra a good dividend stock?

Telstra (OTCMKTS:TLSYY) pays an annual dividend of $0.53 per share and currently has a dividend yield of 4.25%. TLSYY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for TLSYY.

How do I buy shares of Telstra?

Shares of TLSYY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Telstra have any subsidiaries?
The following companies are subsidiares of Telstra: Asia Global Crossing Finance Co. Ltd, Asia Netcom Pacnet (Ireland) Limited, Autohome, Bridge Point Communications Pty Ltd, Cognevo, Company85, Database Consultants Australia, Dr Foster, Fred IT Group, Fred IT Group Pty Ltd, GlobeCast Australia, Kloud, MSC Mobility, MTData, NSC Group, Neto, Neto E-Commerce Solutions Pty Ltd, Norstar Media, O2 Networks, O2 Networks Pty Ltd, Ooyala Holdings Inc, Pacific Business Solutions (China), Pacnet, Pacnet Cable Limited, Pacnet Internet (A) Pty Ltd, Pacnet Internet (HK) Limited, Pacnet Limited, Pacnet Network (Philippines) Inc., Pacnet Network (UK) Limited, Pacnet Network Limited, Pacnet Services (A) Pty. Ltd., Pacnet Services (Japan) Corp., Readify, SNP Security, Sapio Pty Ltd, Telstra Broadcast Services Pty Limited, Telstra Cable (HK) Limited, Telstra Corporation Limited, Telstra Global (HK) Limited, Telstra Health Pty Ltd, Telstra Holdings Pty Ltd, Telstra Inc., Telstra International (Aus) Limited, Telstra International Limited, Telstra International Philippines Inc, Telstra Internet (S) Pte Ltd, Telstra Japan K.K., Telstra Limited, Telstra Multimedia Pty Limited, Telstra Pay TV Pty Ltd, Telstra Services (Taiwan) Inc., Telstra Services (USA) Inc., Telstra Services Asia Pacific (HK) Limited, Telstra Singapore Pte Ltd, Telstra Super Pty Ltd, Telstra Telecommunications Private Limited, Telstra Web Holdings Inc., Telstra iVision Pty Ltd, VMtech, and iVision.
Read More
This page (OTCMKTS:TLSYY) was last updated on 4/16/2024 by MarketBeat.com Staff

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