TELUS Corporation (TU) Receiving Somewhat Positive Media Coverage, Accern Reports
News articles about TELUS Corporation (NYSE:TU) (TSE:T) have been trending somewhat positive on Tuesday, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. TELUS Corporation earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned headlines about the Wireless communications provider an impact score of 46.6047938096909 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- TELUS Corporation (TU) Price Target Raised to $41.00 at Barclays PLC (americanbankingnews.com)
- TELUS (TU) Lets Down in Q2, Misses on Earnings & Revenues – Nasdaq (nasdaq.com)
- Stock Market News For August 14, 2017 (finance.yahoo.com)
- BMO Capital Markets Raises TELUS Corporation (TU) Price Target to $47.00 (americanbankingnews.com)
- TELUS Corporation (TU) Lowered to “Buy” at BidaskClub (americanbankingnews.com)
A number of brokerages have issued reports on TU. BidaskClub raised TELUS Corporation from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 5th. Barclays PLC raised their price target on TELUS Corporation from $38.00 to $41.00 and gave the stock an “overweight” rating in a research note on Monday. BMO Capital Markets raised their price target on TELUS Corporation from $46.00 to $47.00 and gave the stock an “outperform” rating in a research note on Monday. Zacks Investment Research raised TELUS Corporation from a “hold” rating to a “buy” rating and set a $39.00 price target on the stock in a research note on Friday, July 14th. Finally, Canaccord Genuity reissued a “buy” rating and issued a $47.00 price target on shares of TELUS Corporation in a research note on Monday, May 8th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $43.50.
TELUS Corporation (NYSE:TU) traded down 0.34% during trading on Tuesday, hitting $35.52. The stock had a trading volume of 213,590 shares. The company has a market cap of $20.99 billion, a P/E ratio of 20.74 and a beta of 0.89. The company has a 50 day moving average of $35.49 and a 200-day moving average of $33.72. TELUS Corporation has a 12-month low of $30.31 and a 12-month high of $36.77.
TELUS Corporation (NYSE:TU) (TSE:T) last issued its earnings results on Friday, August 11th. The Wireless communications provider reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.56 by $0.05. TELUS Corporation had a net margin of 9.96% and a return on equity of 19.11%. The firm had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.26 billion. During the same quarter last year, the firm earned $0.70 EPS. The business’s revenue for the quarter was up 4.0% compared to the same quarter last year. On average, equities analysts predict that TELUS Corporation will post $2.11 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 8th will be paid a $0.3884 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $1.55 dividend on an annualized basis and a yield of 4.37%. TELUS Corporation’s dividend payout ratio (DPR) is currently 92.41%.
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TELUS Corporation Company Profile
TELUS Corporation (TELUS) is a telecommunications company. The Company provides a range of telecommunications services and products, including wireless and wireline voice and data. Its data services include Internet protocol (IP), television (TV), hosting, managed information technology and cloud-based services, and certain healthcare solutions.
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