Telus Corp (NYSE: TU) – Time For Strategy Change?

Telus Corp (NYSE:TU) currently has a daily average trading volume of 3.81M but it saw 5026008 shares traded in last market. With a market cap of 22.88B USD, the company’s current market price of $15.11 came falling about -1.63 while comparing to the previous closing price of $15.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.39 and as low as $13.24. In the recent trading on the day, stock has struck highest price mark of $15.095 while lowest mark touched by it was $15.3.

Taking a look at 20-day trading activity of Telus Corp (TU) gives us an average price of $15.44, while its current price level is -13.11% below from 52-week high level whereas it is 14.12% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $14.65 while that of 200 days or SMA-200 reads an average of $15.56. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.49% during that period while stretching the period over a month that decreases to 1.81%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 47.40 which implies that the stock is in neutral territory.

Over the week, TU’s stock price is moving -1.63% down while it is 4.28% when we observe its performance for the past one month. Year-to-date it is 11.43% up and over the past year, the stock is showing a downside performance of -12.71%.

The company is expected to be releasing its next quarterly report on 2025-Feb-12, for which analysts forecasted an EPS of 0.15 while estimate for next year EPS is 0.71. In next quarter, company is expected to be making quarterly sales of $5.09B as analysts are expecting the sales for current fiscal year at $20.93B and seeing the company making $21.57B in sales next year. Moreover, analysts are in estimates of $5.02B for current-quarter revenue.

Currently, Telus Corp’s total number of outstanding shares is 1.51B with 0.02% of that held by the insiders while 56.35% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.52% and return on equity (ROE) at 6.26%. It has a price to earnings ratio (P/E ratio) of 31.27 while having a 18.91 of forward P/E ratio. Stock’s beta reads 0.70. Stock has a price to book (P/B) ratio of 2.09 while price to sale or P/S ratio amounts to 1.56. Its return on asset (ROA) is 1.74% on average.