Analysts See $0.72 EPS for TELUS Corporation


Hillsdale Investment Management Inc decreased Telus Corp Com (TU) stake by 20.83% reported in 2016Q4 SEC filing.

Renaissance Technologies LLC decreased its position in Telus Corporation Ordinary Shar stock by 14.6% in the last quarter. About 766,275 shares traded. DORCHESTER WEALTH MANAGEMENT Co now owns 148,508 shares of the Wireless communications provider's stock valued at $5,123,000 after buying an additional 605 shares during the period. Russell Investments Group Ltd. raised its stake in TELUS Corporation by 63.1% in the second quarter. Vanguard Group Inc. now owns 4,680,743 shares of the Wireless communications provider's stock valued at $152,031,000 after buying an additional 182,298 shares in the last quarter. World Asset Management Inc boosted its position in shares of TELUS Corporation by 1.1% in the first quarter. CIBC Asset Management Inc now owns 8,610,832 shares of the Wireless communications provider's stock valued at $296,931,000 after buying an additional 335,124 shares in the last quarter. The rating was maintained by Jefferies with "Buy" on Tuesday, June 6. Bank of America Corp DE now owns 1,872,323 shares of the Wireless communications provider's stock worth $60,814,000 after buying an additional 247,480 shares during the period.

TELUS Corporation had its "overweight" rating reiterated by analysts at Barclays. The stock has a market cap of $20.90 billion, a PE ratio of 20.65 and a beta of 0.89.

It is now trading at $35.38 which is just over the 50 day moving average of $35.36 and which is quite a bit above the 200 day moving average of $33.67. TELUS Corporation has a 52-week low of $30.31 and a 52-week high of $36.77.

TELUS Corporation (TU) declined 0.97% throughout intraday market trading on Early Thur, reaching $35.68.

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In terms of earnings per share, 9 analysts have a 0.69 EPS mean target for the quarter ending Sep-17, for the quarter ending Dec-17, 9 analysts have a 0.57 EPS mean target and for the quarter ending Dec-17 there are 16 estimates of 2.72 EPS. TELUS Corporation had a return on equity of 19.11% and a net margin of 9.96%. During the same period in the previous year, the firm earned $0.70 EPS.

TRADEMARK VIOLATION NOTICE: "National Bank Financial Comments on TELUS Co.'s Q2 2017 Earnings (T)" was first posted by Stock Observer and is owned by of Stock Observer. If you are accessing this piece of content on another domain, it was illegally copied and reposted in violation of worldwide trademark & copyright legislation. The Southern Company had 35 analyst reports since July 21, 2015 according to SRatingsIntel. Zacks Investment Research upgraded TELUS Corporation from a "sell" rating to a "hold" rating in a report on Tuesday, April 18th.

At the moment 13 analysts are watching TELUS Corporation (NASDAQ:TU), 1 rate it "Buy", 4 "Outperform", 8 "Underperform", 0 "Sell", while 0 "Hold". Four analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The stock of TELUS Corporation (TSE:T) earned "Buy" rating by Canaccord Genuity on Monday, August 10. It increased, as 85 investors sold TELUS Corporation shares while 621 reduced holdings.

Telus Corp (T.TO), one of Canada's biggest telecom companies, reported a smaller-than-expected profit on Friday, as it spent heavily to win and retain wireless customers by investing in customer service and subsidizing high-end smartphones. The companys telecommunications products and services comprise wireless and wireline voice and data; data services, including Internet protocol; television; hosting, managed information technology, and cloud-based services; healthcare solutions; and business process outsourcing solutions.

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