TELUS Corporation (NYSE: TU) is -8.53% lower on its value in year-to-date trading and has touched a low of $18.85 and a high of $27.50 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TU stock was last observed hovering at around $21.60 in the last trading session, with the day’s loss setting it -0.04% off its average median price target of $24.39 for the next 12 months. It is also 19.19% off the consensus price target high of $26.68 offered by 17 analysts, but current levels are 1.96% higher than the price target low of $21.99 for the same period.
Currently trading at $21.56, the stock is 1.13% and 3.39% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.57 million and changing -0.19% at the moment leaves the stock -7.74% off its SMA200. TU registered -6.50% loss for a year compared to 6-month loss of -12.04%.
The stock witnessed a 3.41% gain in the last 1 month and extending the period to 3 months gives it a -8.22%, and is -1.10% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.51% over the week and 1.74% over the month.
TELUS Corporation (TU) has around 90800 employees, a market worth around $30.71B and $13.30B in sales. Current P/E ratio is 19.80 and Fwd P/E is 14.94. Profit margin for the company is 11.30%. Distance from 52-week low is 14.38% and -21.59% from its 52-week high. The company has generated returns on investments over the last 12 months (6.90%).
TELUS Corporation (TU) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for TELUS Corporation (TU) is a “Overweight”. 17 analysts offering their recommendations for the stock have an average rating of 1.90, where 5 rate it as a Hold and 2 think it is a “Overweight”. 10 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
TELUS Corporation is expected to release its quarterly report on 02/09/2023.The EPS is expected to grow by 29.70% this year
TELUS Corporation (TU) Top Institutional Holders
The shares outstanding are 1.40B, and Short Float at -.
TELUS Corporation (TU) Insider Activity
A total of 5 insider transactions have happened at TELUS Corporation (TU) in the last six months, with sales accounting for 1 and purchases happening 4 times.
TELUS Corporation (TU): Who are the competitors?
The company’s main competitors (and peers) include AT&T Inc. (T) that is 1.83% higher over the past 12 months. Orange S.A. (ORAN) is -8.75% down on the 1-year trading charts.