Telus Corp [NYSE: TU] traded at a low on Wednesday, posting a -0.51 loss after which it closed the day’ session at $15.64.
The results of the trading session contributed to over 4823206 shares changing hands. Over the past one week, the price volatility of Telus Corp stands at 1.59% while the volatility over the past one month is 1.77%.
The market cap for TU stock reached $23.68 billion, with 1.51 billion shares outstanding and 1.51 billion shares in the current float. Compared to the average trading volume of 3.68M shares, TU reached a trading volume of 4823206 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Telus Corp [TU]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TU shares is $16.11 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TU stock is a recommendation set at 2.05. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for Telus Corp shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on December 16, 2024. The new note on the price target was released on December 13, 2024, representing the official price target for Telus Corp stock.
The Average True Range (ATR) for Telus Corp is set at 0.27, with the Price to Sales ratio for TU stock in the period of the last 12 months amounting to 1.61. The Price to Book ratio for the last quarter was 2.17, with the Price to Cash per share for the same quarter was set at 0.40. Price to Free Cash Flow for TU in the course of the last twelve months was 22.68 with Quick ratio for the last quarter at 0.61.
How has TU stock performed recently?
Telus Corp [TU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.62. With this latest performance, TU shares gained by 7.42% in over the last four-week period, additionally sinking by -2.80% over the last 6 months – not to mention a drop of -13.16% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TU stock in for the last two-week period is set at 71.24, with the RSI for the last a single of trading hit 74.82, and the three-weeks RSI is set at 66.46 for Telus Corp [TU]. The present Moving Average for the last 50 days of trading for this stock 14.35, while it was recorded at 15.60 for the last single week of trading, and 15.61 for the last 200 days.
Telus Corp [TU]: Deeper insight into the fundamentals
Telus Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.61 and a Current Ratio set at 0.68.
Earnings analysis for Telus Corp [TU]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TU. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Telus Corp go to 7.91%.
Insider trade positions for Telus Corp [TU]
The top three institutional holders of TU stocks are: ROYAL BANK OF CANADA with ownership of 155.27 million shares, which is approximately 10.5197%. BANK OF MONTREAL /CAN/, holding 67.96 million shares of the stock with an approximate value of $$1.08 billion in TU stocks shares; and BANK OF MONTREAL /CAN/, currently with $$635.45 million in TU stock with ownership which is approximately 2.7613%.
