National Bank Financial Expects Reduced Earnings for TELUS

TELUS Co. (TSE:T) (NYSE:TU) – Stock analysts at National Bank Financial reduced their FY2025 earnings estimates for TELUS in a research note issued on Sunday, June 29th. National Bank Financial analyst A. Shine now forecasts that the company will earn $1.10 per share for the year, down from their previous estimate of $1.12. The consensus estimate for TELUS’s current full-year earnings is $1.23 per share. National Bank Financial also issued estimates for TELUS’s FY2026 earnings at $1.23 EPS.

T has been the topic of several other reports. Scotiabank set a C$24.50 target price on shares of TELUS and gave the stock an “outperform” rating in a report on Friday, June 13th. National Bankshares raised their price objective on TELUS from C$22.00 to C$23.00 and gave the stock a “sector perform” rating in a research note on Friday, June 6th. BMO Capital Markets upped their target price on TELUS from C$23.00 to C$24.00 and gave the company an “outperform” rating in a research report on Wednesday. Bank of America cut TELUS from a “buy” rating to a “neutral” rating and decreased their price target for the stock from C$24.00 to C$22.00 in a research report on Friday, March 21st. Finally, Royal Bank Of Canada cut their price objective on shares of TELUS from C$25.00 to C$24.00 and set an “outperform” rating for the company in a research report on Wednesday, April 9th. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, TELUS presently has an average rating of “Hold” and an average target price of C$23.04.

TELUS Price Performance

Shares of TELUS stock opened at C$22.02 on Wednesday. The company has a quick ratio of 0.52, a current ratio of 0.69 and a debt-to-equity ratio of 183.41. The stock has a market capitalization of C$33.15 billion, a price-to-earnings ratio of 35.73, a price-to-earnings-growth ratio of 1.65 and a beta of 0.72. TELUS has a twelve month low of C$19.10 and a twelve month high of C$23.43. The company has a 50-day simple moving average of C$21.83 and a two-hundred day simple moving average of C$21.11.

About TELUS

Telus is one of the Big Three wireless service providers in Canada, with its 9 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services.