Last Updated: 13 Sep 2024
Executive Summary
Telus Corp (TU) is a leading Canadian telecommunications and information technology provider with a market capitalization of $251.67 billion. The company has a strong financial position with an EBITDA of $5.066 billion and a profit margin of 3.91%. Telus Corp's stock price is currently trading at $16.97, within its 52-week range of $14.38 to $17.93. Analysts have a mixed outlook on the stock, with 1 rating it a Strong Buy, 6 rating it a Buy, 2 rating it a Hold, and 1 rating it a Sell.
Company Overview
Telus Corp offers a wide range of telecommunications and information technology products and services, including wireless, wireline, internet, and television services. The company has a strong market position in Canada, with over 16 million wireless subscribers and over 10 million wireline subscribers. Telus Corp is also a leading provider of information technology services, with a focus on cloud computing, cybersecurity, and managed services.
Fundamental Analysis
Telus Corp has a solid financial foundation. The company's revenue has grown at a compound annual growth rate (CAGR) of 4.5% over the past five years, and its EBITDA has grown at a CAGR of 5.2% over the same period. Telus Corp is also a profitable company, with a net income margin of 10.2%. The company's balance sheet is also strong, with a debt-to-equity ratio of 0.55.
Technical Analysis
Telus Corp's stock price has been in a downtrend since early 2023. The stock price is currently trading below its 50-day and 200-day moving averages. The relative strength index (RSI) is also below 50, indicating that the stock is oversold.
Short Term Outlook
The short-term outlook for Telus Corp is mixed. The stock price is currently trading below its key moving averages, and the RSI is oversold. This suggests that the stock could continue to decline in the short term. However, the company's strong financial position and its position as a leading provider of telecommunications and information technology services could support the stock price in the long term.
Long Term Outlook
The long-term outlook for Telus Corp is positive. The company is well-positioned to benefit from the growing demand for telecommunications and information technology services. The company's strong financial position and its focus on innovation should also support its long-term growth.
Analyst Recommendations
Analysts have a mixed outlook on Telus Corp. The consensus recommendation is a Buy, with a price target of $17.95. However, some analysts are more bullish on the stock, with one rating it a Strong Buy.
