TELUS (TU) Projected to Post Earnings on Friday

TELUS (NYSE:TU) (TSE:T) will likely be announcing its earnings results before the market opens on Friday, February 14th. Analysts expect the company to announce earnings of $0.15 per share and revenue of $3.66 billion for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

TELUS Price Performance

Shares of NYSE TU opened at $14.60 on Thursday. The stock has a market cap of $21.90 billion, a price-to-earnings ratio of 31.06, a PEG ratio of 4.85 and a beta of 0.75. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.63 and a current ratio of 0.69. TELUS has a fifty-two week low of $13.24 and a fifty-two week high of $18.16. The firm’s 50-day simple moving average is $14.25 and its 200 day simple moving average is $15.46.

Analysts Set New Price Targets

Several research analysts recently issued reports on TU shares. StockNews.com raised TELUS from a “sell” rating to a “hold” rating in a research report on Monday. Scotiabank raised shares of TELUS from a “sector perform” rating to a “sector outperform” rating in a report on Monday, October 28th. National Bank Financial downgraded shares of TELUS from an “outperform” rating to a “sector perform” rating in a report on Friday, December 13th. Finally, Morgan Stanley began coverage on shares of TELUS in a research report on Monday, December 16th. They set an “equal weight” rating on the stock. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $26.00.

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.