Telus Corp (NYSE: TU) is -21.02% lower on its value in year-to-date trading and has touched a low of $14.33 and a high of $18.55 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 $14.38 in the last trading session, with the day’s loss setting it -0.33%.
Currently trading at $14.05, the stock is -8.20% and -10.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.99 million and changing -2.29% at the moment leaves the stock -12.53% off its SMA200. TU registered -21.55% loss for a year compared to 6-month loss of -9.76%. The firm has a 50-day simple moving average (SMA 50) of $15.6802 and a 200-day simple moving average (SMA200) of $16.0792.
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The stock witnessed a -7.38% gain in the last 1 month and extending the period to 3 months gives it a -16.27%, and is -10.85% 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 2.46% over the week and 1.78% over the month.
Telus Corp (TU) has around 106400 employees, a market worth around $21.08B and $14.67B in sales. Current P/E ratio is 30.74 and Fwd P/E is 19.00. Profit margin for the company is 4.62%. Distance from 52-week low is -1.95% and -24.26% from its 52-week high. The company has generated returns on investments over the last 12 months (2.22%).
with sales reaching $5.23B over the same period.The EPS is expected to grow by 2.66% this year, but quarterly earnings will post 0.56% year-over-year. Quarterly sales are estimated to grow 0.62% in year-over-year returns.
Telus Corp (TU) Top Institutional Holders
536.0 institutions hold shares in Telus Corp (TU), with institutional investors hold 55.29% of the company’s shares. The shares outstanding are 1.50B, and float is at 1.50B with Short Float at 2.25%. Institutions hold 55.28% of the Float.
The top institutional shareholder in the company is ROYAL BANK OF CANADA with over 155.27 million shares valued at $2.35 billion. The investor’s holdings represent 10.5197% of the TU Shares outstanding. As of 2024-06-30, the second largest holder is BANK OF MONTREAL /CAN/ with 67.96 million shares valued at $1.08 billion to account for 4.6044 of the shares outstanding. The other top investors are MACKENZIE FINANCIAL CORP which holds 41.97 million shares representing 2.8436% and valued at over $635.45 million, while TD ASSET MANAGEMENT INC holds 2.826 of the shares totaling 41.71 million with a market value of $631.31 million.
Telus Corp (TU) Insider Activity
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