TELUS (TU) to Release Earnings on Friday

TELUS (NYSE:TU) (TSE:T) is scheduled to release its earnings data before the market opens on Friday, November 8th. Analysts expect TELUS to post earnings of $0.17 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

TELUS Trading Down 0.5 %

Shares of TU stock opened at $15.63 on Wednesday. TELUS has a 12-month low of $14.63 and a 12-month high of $19.14. The firm has a 50-day moving average price of $16.38 and a 200 day moving average price of $16.14. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.46. The company has a market capitalization of $23.32 billion, a P/E ratio of 39.08, a P/E/G ratio of 2.40 and a beta of 0.75.

Analyst Ratings Changes

A number of brokerages recently weighed in on TU. StockNews.com upgraded shares of TELUS from a “sell” rating to a “hold” rating in a research report on Friday, September 6th. Canaccord Genuity Group lowered TELUS from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Finally, Scotiabank raised shares of TELUS from a “sector perform” rating to a “sector outperform” rating in a research report on Monday, October 28th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, TELUS currently has a consensus rating of “Hold” and an average price target 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.