Darren Entwistle Acquires 56,200 Shares of TELUS (TSE:T) Stock

TELUS Co. (TSE:T) (NYSE:TU) Director Darren Entwistle purchased 56,200 shares of TELUS stock in a transaction dated Monday, December 22nd. The shares were acquired at an average cost of C$17.33 per share, for a total transaction of C$973,946.00. Following the transaction, the director directly owned 1,132,190 shares of the company’s stock, valued at approximately C$19,620,852.70. This represents a 5.22% increase in their position.

Darren Entwistle also recently made the following trade(s):

• On Friday, December 19th, Darren Entwistle purchased 2,600 shares of TELUS stock. The stock was acquired at an average price of C$17.41 per share, with a total value of C$45,266.00.
• On Friday, December 19th, Darren Entwistle purchased 190,000 shares of TELUS stock. The stock was bought at an average cost of C$17.38 per share, for a total transaction of C$3,302,200.00.

TELUS Stock Up 1.1%

Shares of T traded up C$0.20 during midday trading on Friday, hitting C$19.01. The company had a trading volume of 6,400,270 shares, compared to its average volume of 5,772,031. TELUS Co. has a 1 year low of C$17.26 and a 1 year high of C$23.29. The firm has a market capitalization of C$29.48 billion, a P/E ratio of 24.37, a P/E/G ratio of 1.65 and a beta of 0.85. 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’s 50-day simple moving average is C$18.27 and its 200-day simple moving average is C$20.63.

TELUS (TSE:T) (NYSE:TU) last issued its earnings results on Friday, November 7th. The company reported C$0.24 earnings per share for the quarter. TELUS had a net margin of 4.62% and a return on equity of 5.80%. The firm had revenue of C$5.07 billion for the quarter. As a group, sell-side analysts expect that TELUS Co. will post 1.2267985 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have weighed in on T. Morgan Stanley cut their price target on TELUS from C$25.00 to C$20.00 in a research note on Wednesday, December 10th. CIBC increased their price objective on TELUS from C$24.00 to C$25.00 in a report on Friday, October 17th. BMO Capital Markets lowered TELUS from an “outperform” rating to a “hold” rating and cut their target price for the stock from C$23.00 to C$19.00 in a research report on Thursday, December 11th. Natl Bk Canada raised TELUS from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 25th. Finally, Canaccord Genuity Group upgraded shares of TELUS from a “hold” rating to a “buy” rating in a research note on Thursday, December 4th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$21.79.

TELUS News Summary

Here are the key news stories impacting TELUS this week:

• Positive Sentiment: Multiple directors materially increased their stakes in late December—Director (and long‑time CEO) Darren Entwistle purchased 190,000 shares at ~C$17.38 (plus a smaller 2,600‑share buy), and directors Thomas Flynn, David Mowat and Hazel Claxton each added several thousand shares at ~C$17.37–17.46. Large insider accumulation, especially by the CEO, signals executive confidence and can support the stock. MarketBeat: TELUS insider trades
• Negative Sentiment: An MSN piece recommends buying a different TSX dividend stock instead of Telus, which could weigh on dividend‑income investor sentiment and pressure the stock if that view gains traction. MSN article
• Negative Sentiment: CBC reported a Telus outage that knocked out cellular service on Haida Gwaii; while the issue appears localized and repairs are underway, service interruptions can cause short‑term customer frustration and localized reputational risk. CBC: Telus outage

About TELUS

Telus is one of the Big Three wireless service providers in Canada, with its 9 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. In recent years Telus has moved to bring fiber to the home over most of its wireline footprint as it upgrades its legacy copper network, leaving it able to compete on more equal footing with cable providers.