After finishing at $15.99 in the prior trading day, Telus Corp. (NYSE: TU) closed at $15.79, down -1.25%. In other words, the price has decreased by -$0.20 from its previous closing price. On the day, 3010835 shares were traded. TU stock price reached its highest trading level at $15.97 during the session, while it also had its lowest trading level at $15.69.
Ratios:
Our goal is to gain a better understanding of TU by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 35.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.51. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 0.67. In the meantime, Its Debt-to-Equity ratio is 1.70 whereas as Long-Term Debt/Eq ratio is at 1.45.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TU now has a Market Capitalization of 23.60B and an Enterprise Value of 43.25B. As of this moment, Telus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.94, and their Forward P/E ratio for the next fiscal year is 17.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.56 while its Price-to-Book (P/B) ratio in mrq is 1.90. Its current Enterprise Value per Revenue stands at 2.16 whereas that against EBITDA is 6.70.
Stock Price History:
Over the past 52 weeks, TU has reached a high of $21.34, while it has fallen to a 52-week low of $15.47. The 50-Day Moving Average of the stock is 17.51, while the 200-Day Moving Average is calculated to be 17.63.
Shares Statistics:
The stock has traded on average 2.28M shares per day over the past 3-months and 2.57M shares per day over the last 10 days, according to various share statistics. A total of 1.47B shares are outstanding, with a floating share count of 1.47B. Insiders hold about 0.14% of the company’s shares, while institutions hold 57.57% stake in the company. Shares short for TU as of Feb 29, 2024 were 19.31M with a Short Ratio of 8.46, compared to 15.87M on Jan 31, 2024.
Dividends & Splits
In the trailing 12 months, TU’s forward annual dividend rate was 1.45, compared to 1.09 this year. Against a Trailing Annual Dividend Yield of 9.09%, it implies a Forward Annual Dividend Yield of 6.98%. The stock’s 5-year Average Dividend Yield is 4.82. The current Payout Ratio is 250.95% for TU, which recently paid a dividend on Apr 01, 2024 with an ex-dividend date of Mar 08, 2024. Stock splits for the company last occurred on Mar 18, 2020 when the company split stock in a 2:1 ratio.
Earnings Estimates
Its stock is currently analyzed by 9 different market analysts. On average, analysts expect EPS of $0.18 for the current quarter, with a high estimate of $0.21 and a low estimate of $0.16, while EPS last year was $0.2. The consensus estimate for the next quarter is $0.18, with high estimates of $0.2 and low estimates of $0.16.
Analysts are recommending an EPS of between $0.81 and $0.69 for the fiscal current year, implying an average EPS of $0.77. EPS for the following year is $0.89, with 13 analysts recommending between $0.95 and $0.79.
Revenue Estimates
6 analysts predict $3.71B in revenue for the current quarter. It ranges from a high estimate of $3.76B to a low estimate of $3.62B. As of the current estimate, Telus Corp.’s year-ago sales were $3.75B, an estimated decrease of -1.10% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $3.75B, an increase of 3.60% over than the figure of -$1.10% in the same quarter last year. There is a high estimate of $3.76B for the next quarter, whereas the lowest estimate is $3.74B.
A total of 14 analysts have provided revenue estimates for TU’s current fiscal year. The highest revenue estimate was $15.35B, while the lowest revenue estimate was $14.97B, resulting in an average revenue estimate of $15.19B. In the same quarter a year ago, actual revenue was $14.68B, up 3.50% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $15.82B in the next fiscal year. The high estimate is $16.05B and the low estimate is $15.59B. The average revenue growth estimate for next year is up 4.20% from the average revenue estimate for this year.
