Telus Corp [TU] stock prices are up 4.52% to $15.25 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TU shares have gain 4.45% over the last week, with a monthly amount glided 11.23%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, National Bank Financial downgraded its rating to Sector Perform on December 13, 2024. On October 28, 2024, upgrade upgraded it’s rating to Sector Outperform. Scotiabank downgraded its rating to a Sector Perform. JP Morgan downgraded its rating to a Neutral. TD Securities upgraded its rating to Buy for this stock on June 17, 2022. In a note dated May 10, 2022, Barclays downgraded an Equal Weight rating on this stock but restated the target price of $26.
The stock price of Telus Corp [TU] has been fluctuating between $13.24 and $18.16 over the past year. Currently, Wall Street analysts expect the stock to reach $22.59 within the next 12 months. Telus Corp [NYSE: TU] shares were valued at $15.25 at the most recent close of the market. An investor can expect a potential return of 48.13% based on the average TU price forecast.
Analyzing the TU fundamentals
The Telus Corp [NYSE:TU] reported sales of 14.67B for trailing twelve months, representing a drop of -0.64%. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.06 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.83.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 14.95 points at the first support level, and at 14.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.40, and for the 2nd resistance point, it is at 15.56.
Ratios To Look Out For
It’s worth pointing out that Telus Corp [NYSE:TU]’s Current Ratio is 0.69. Also, the Quick Ratio is 0.63. Considering the valuation of this stock, the price to sales ratio is 1.56, the price to book ratio is 1.95 and price to earnings (TTM) ratio is 33.37.
