Media stories about TELUS (NYSE:TU) (TSE:T) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TELUS earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned media headlines about the Wireless communications provider an impact score of 47.1539309717958 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
Several research analysts have weighed in on the company. Barclays boosted their price target on TELUS from $41.00 to $42.00 and gave the company an “overweight” rating in a report on Friday, November 10th. Bank of America assumed coverage on TELUS in a report on Tuesday, November 21st. They issued a “neutral” rating and a $39.00 price target for the company. Morgan Stanley boosted their price target on TELUS from $48.00 to $51.00 and gave the company an “equal weight” rating in a report on Friday, November 17th. Zacks Investment Research downgraded TELUS from a “hold” rating to a “sell” rating in a report on Saturday, January 20th. Finally, Royal Bank of Canada upgraded TELUS from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from $47.00 to $51.00 in a report on Friday, November 10th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company’s stock. TELUS has a consensus rating of “Buy” and a consensus price target of $45.14.
TELUS (NYSE:TU) traded up $0.26 during mid-day trading on Monday, hitting $35.90. The stock had a trading volume of 571,080 shares, compared to its average volume of 423,249. The firm has a market cap of $21,240.00, a P/E ratio of 18.32, a price-to-earnings-growth ratio of 2.07 and a beta of 0.89. The company has a current ratio of 0.56, a quick ratio of 0.48 and a debt-to-equity ratio of 1.48. TELUS has a 1-year low of $31.28 and a 1-year high of $38.50.
TELUS (NYSE:TU) (TSE:T) last released its quarterly earnings data on Thursday, February 8th. The Wireless communications provider reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.02). The firm had revenue of $3.47 billion for the quarter, compared to analyst estimates of $3.44 billion. TELUS had a return on equity of 18.78% and a net margin of 10.94%. The company’s quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.53 earnings per share. equities analysts forecast that TELUS will post 2.15 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 2nd. Stockholders of record on Friday, March 9th will be issued a dividend of $0.402 per share. The ex-dividend date is Thursday, March 8th. This represents a $1.61 dividend on an annualized basis and a dividend yield of 4.48%. TELUS’s payout ratio is 81.12%.
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TELUS Company Profile
TELUS Corporation (TELUS) is a telecommunications company. The Company provides a range of telecommunications services and products, including wireless and wireline voice and data. Its data services include Internet protocol (IP), television (TV), hosting, managed information technology and cloud-based services, and certain healthcare solutions.
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