TELUS (TSE:T) Director David Lawrence Mowat Buys 3,000 Shares of Stock

TELUS Co. (TSE:T) (NYSE:TU) Director David Lawrence Mowat acquired 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 23rd. The shares were purchased at an average cost of C$17.37 per share, with a total value of C$52,110.00. Following the transaction, the director directly owned 14,486 shares of the company’s stock, valued at C$251,621.82. This trade represents a 26.12% increase in their ownership of the stock.

TELUS Price Performance

T stock opened at C$19.01 on Friday. The company’s 50-day moving average price is C$18.27 and its two-hundred day moving average price is C$20.62. The firm has a market cap of C$29.48 billion, a P/E ratio of 24.37, a P/E/G ratio of 1.65 and a beta of 0.85. 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:T) (NYSE:TU) last posted its quarterly earnings results on Friday, November 7th. The company reported C$0.24 earnings per share (EPS) for the quarter. The business had revenue of C$5.07 billion for the quarter. TELUS had a net margin of 4.62% and a return on equity of 5.80%. On average, analysts anticipate that TELUS Co. will post 1.2267985 earnings per share for the current fiscal year.

Trending Headlines about 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

Analysts Set New Price Targets

T has been the subject of several recent analyst reports. Desjardins set a C$23.00 price objective on TELUS and gave the stock a “buy” rating in a research report on Monday, January 12th. JPMorgan Chase & Co. downgraded TELUS from a “neutral” rating to an “underweight” rating and lowered their target price for the stock from C$22.00 to C$19.00 in a research note on Tuesday, November 18th. Morgan Stanley reduced their price target on shares of TELUS from C$25.00 to C$20.00 in a research note on Wednesday, December 10th. TD Securities lowered their price objective on shares of TELUS from C$26.00 to C$25.00 and set a “buy” rating for the company in a research report on Monday, December 15th. Finally, BMO Capital Markets downgraded shares of TELUS from an “outperform” rating to a “hold” rating and dropped their price objective for the company from C$23.00 to C$19.00 in a research note on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, TELUS has a consensus rating of “Moderate Buy” and a consensus price target of C$21.79.

About TELUS

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.