The price of Telus Corp. (NYSE: TU) closed at $17.56 in the last session, up 0.69% from day before closing price of $17.44. In other words, the price has increased by $+0.12 from its previous closing price. On the day, 1709328 shares were traded.
Ratios:
We take a closer look at TU’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 39.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.26. 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.
Barclays Downgraded its Overweight to Equal Weight on May 10, 2022, while the target price for the stock was maintained at $26.
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 25.92B and an Enterprise Value of 45.51B. As of this moment, Telus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 41.08, and their Forward P/E ratio for the next fiscal year is 19.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.74 while its Price-to-Book (P/B) ratio in mrq is 2.11. Its current Enterprise Value per Revenue stands at 2.27 whereas that against EBITDA is 7.05.
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 17.84, while the 200-Day Moving Average is calculated to be 17.86.
Shares Statistics:
According to the various share statistics, TU traded on average about 2.20M shares per day over the past 3-months and 1.86M shares per day over the past 10 days. 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 57.65% stake in the company. Shares short for TU as of Feb 15, 2024 were 15.87M with a Short Ratio of 7.21, compared to 14.85M on Jan 12, 2024.
Dividends & Splits
The forward annual dividend rate for TU is 1.07, which was 1.45 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 8.34%, it implies a Forward Annual Dividend Yield of 6.36%. 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
The company has 9 analysts who recommend its stock at the moment. 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 $0.82 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
According to 5 analysts, the current quarter’s revenue is expected to be $3.73B. It ranges from a high estimate of $3.78B to a low estimate of $3.69B. As of the current estimate, Telus Corp.’s year-ago sales were $3.75B, an estimated decrease of -0.30% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $3.76B, an increase of 3.90% over than the figure of -$0.30% in the same quarter last year. There is a high estimate of $3.77B for the next quarter, whereas the lowest estimate is $3.75B.
A total of 14 analysts have provided revenue estimates for TU’s current fiscal year. The highest revenue estimate was $15.4B, while the lowest revenue estimate was $15.02B, resulting in an average revenue estimate of $15.24B. In the same quarter a year ago, actual revenue was $14.73B, up 3.50% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $15.89B in the next fiscal year. The high estimate is $16.1B and the low estimate is $15.64B. The average revenue growth estimate for next year is up 4.20% from the average revenue estimate for this year.
