The Week Ahead: Are Investors Really Too Optimistic About Telus Corp (NYSE: TU)

Telus Corp (NYSE:TU) currently has a daily average trading volume of 3.59M but it saw 2395236 shares traded in last market. With a market cap of 24.21B USD, the company’s current market price of $15.99 came falling about -0.19 while comparing to the previous closing price of $16.02. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.26 and as low as $13.24.

Over the week, TU’s stock price is moving 1.85% up while it is 5.89% when we observe its performance for the past one month. Year-to-date it is 17.92% up and over the past year, the stock is showing a downside performance of -3.03%.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0.17 while estimate for next year EPS is 0.76. In next quarter, company is expected to be making quarterly sales of $5.2B as analysts are expecting the sales for current fiscal year at $20.82B and seeing the company making $21.43B in sales next year. Moreover, analysts are in estimates of $5.05B for current-quarter revenue.

Currently, Telus Corp’s total number of outstanding shares is 1.51B with 0.03% of that held by the insiders while 54.83% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.02% and return on equity (ROE) at 7.51%. It has a price to earnings ratio (P/E ratio) of 28.20 while having a 19.89 of forward P/E ratio. Stock’s beta reads 0.76. Stock has a price to book (P/B) ratio of 2.23 while price to sale or P/S ratio amounts to 1.66. Its return on asset (ROA) is 2.06% on average.