TELUS (TU) Set to Announce Earnings on Friday

TELUS (NYSE:TU) (TSE:T) will issue its quarterly earnings data before the market opens on Friday, November 8th. Analysts expect the company to announce earnings of $0.17 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

TELUS Stock Down 3.3 %

TU stock opened at $15.11 on Thursday. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.66 and a quick ratio of 0.61. The company’s 50 day simple moving average is $16.36 and its 200-day simple moving average is $16.13. TELUS has a 12 month low of $14.63 and a 12 month high of $19.14. The firm has a market capitalization of $22.54 billion, a PE ratio of 37.78, a P/E/G ratio of 2.40 and a beta of 0.75.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on TU. Scotiabank upgraded shares of TELUS from a “sector perform” rating to a “sector outperform” rating in a report on Monday, October 28th. StockNews.com upgraded TELUS from a “sell” rating to a “hold” rating in a research note on Friday, September 6th. Finally, Canaccord Genuity Group lowered TELUS from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 6th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, TELUS has a consensus rating of “Hold” and a consensus target price of $26.00.

TELUS Company Profile

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.