TELUS (TSE:T) Director Thomas Earl Flynn Acquires 3,000 Shares of Stock

TELUS Co. (TSE:TGet Free Report) (NYSE:TU) Director Thomas Earl Flynn bought 3,000 shares of TELUS stock in a transaction on Wednesday, December 24th. The stock was acquired at an average price of C$17.45 per share, with a total value of C$52,350.00. Following the completion of the purchase, the director directly owned 14,389 shares of the company’s stock, valued at approximately C$251,088.05. The trade was a 26.34% increase in their ownership of the stock.

TELUS Stock Performance

Shares of T opened at C$19.01 on Friday. The firm has a market cap of C$29.48 billion, a price-to-earnings ratio of 24.37, a price-to-earnings-growth ratio of 1.65 and a beta of 0.85. The company’s fifty day moving average is C$18.27 and its 200-day moving average is C$20.62. The company has a quick ratio of 0.52, a current ratio of 0.69 and a debt-to-equity ratio of 183.41. TELUS Co. has a 12 month low of C$17.26 and a 12 month high of C$23.29.

TELUS (TSE:TGet Free Report) (NYSE:TU) last issued its quarterly earnings data on Friday, November 7th. The company reported C$0.24 earnings per share (EPS) for the quarter. The firm had revenue of C$5.07 billion during the quarter. TELUS had a net margin of 4.62% and a return on equity of 5.80%. Equities analysts expect that TELUS Co. will post 1.2267985 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on T shares. National Bankshares reduced their target price on TELUS from C$21.50 to C$21.00 and set an “outperform” rating for the company in a report on Tuesday, December 30th. Natl Bk Canada raised shares of TELUS from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 25th. JPMorgan Chase & Co. cut shares of TELUS from a “neutral” rating to an “underweight” rating and reduced their price objective for the stock from C$22.00 to C$19.00 in a research note on Tuesday, November 18th. Desjardins set a C$23.00 target price on shares of TELUS and gave the company a “buy” rating in a research note on Monday, January 12th. Finally, BMO Capital Markets downgraded shares of TELUS from an “outperform” rating to a “hold” rating and dropped their target price for the stock from C$23.00 to C$19.00 in a report on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of C$21.79.

View Our Latest Research Report on T

Key Stories Impacting TELUS

Here are the key news stories impacting TELUS this week:

  • Positive Sentiment: Multiple directors materially increased their stakes in late December—Director (and long‑time CEO) Darren Entwistle purchased 190,000 shares at ~C$17.38 (plus a smaller 2,600‑share buy), and directors Thomas Flynn, David Mowat and Hazel Claxton each added several thousand shares at ~C$17.37–17.46. Large insider accumulation, especially by the CEO, signals executive confidence and can support the stock. MarketBeat: TELUS insider trades
  • Negative Sentiment: An MSN piece recommends buying a different TSX dividend stock instead of Telus, which could weigh on dividend‑income investor sentiment and pressure the stock if that view gains traction. MSN article
  • Negative Sentiment: CBC reported a Telus outage that knocked out cellular service on Haida Gwaii; while the issue appears localized and repairs are underway, service interruptions can cause short‑term customer frustration and localized reputational risk. CBC: Telus outage

About TELUS

(Get Free Report)

Telus is one of the Big Three wireless service providers in Canada, with its 9 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. In recent years Telus has moved to bring fiber to the home over most of its wireline footprint as it upgrades its legacy copper network, leaving it able to compete on more equal footing with cable providers.

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