TELUS has partnered with FreeTelecom to launch the FreeTelecom Dual Plan, targeting Korean travelers in Canada. This initiative aligns with TELUS's push for technological advancement and revenue growth. Despite a 2% share price increase last month, TELUS's total shareholder return over the past five years was 21.89%. Analysts expect revenue growth of 3.6% annually for the next three years, but competitive and regulatory pressures could impact forecasts.
TELUS (TSE: T) shares recently crossed above their 200-day moving average, trading as high as C$23.07, signaling potential bullish momentum in the stock. This move comes amidst a partnership with FreeTelecom to launch the FreeTelecom Dual Plan, targeting Korean travelers in Canada. The initiative aligns with TELUS's push for technological advancement and revenue growth [1].
Analysts have set varied price targets for TELUS, with Scotiabank offering a target of C$24.50 and a general consensus rating of "Hold" among analysts. Despite a 2% share price increase last month, TELUS's total shareholder return over the past five years was 21.89%. The company recently announced a quarterly dividend increase to C$0.4163, resulting in an annualized yield of 7.3% [1].
The partnership with FreeTelecom is expected to boost TELUS's revenue growth. Analysts predict an annual revenue growth rate of 3.6% for the next three years. However, competitive and regulatory pressures could impact these forecasts. TELUS's quick ratio is 0.52, current ratio is 0.69, and debt-to-equity ratio is 183.41. The stock has a market capitalization of C$34.55 billion, a price-to-earnings ratio of 37.24, and a beta of 0.72 [1].
TELUS's 50-day moving average is C$22.26, and its 200-day moving average is C$21.70. The company has a price-to-earnings-growth ratio of 1.65. Analysts from Scotiabank, National Bankshares, BMO Capital Markets, and Canaccord Genuity Group have set price objectives ranging from C$23.00 to C$24.50, with a majority assigning an "outperform" rating [1].
TELUS's recent dividend increase and the FreeTelecom partnership are positive developments for the company. However, investors should remain vigilant about potential challenges from competitive and regulatory pressures. TELUS's stock price has shown resilience, and its fundamentals suggest a promising outlook. As always, investors should conduct thorough research and consider their risk tolerance before making investment decisions.
References:
[1] https://www.marketbeat.com/instant-alerts/telus-tset-stock-passes-above-two-hundred-day-moving-average-time-to-sell-2025-08-22/
Comments
No comments yet