Key Points
- Darren Entwistle, a TELUS director and long‑time CEO, bought 56,200 shares on Dec. 22 at C$17.33 (C$973,946) and had earlier acquired 190,000 and 2,600 shares on Dec. 19, bringing his total holding to 1,132,190 shares (a 5.22% increase).
- Multiple directors materially increased their stakes in late December—led by Entwistle—an insider accumulation that signals executive confidence and could support the stock price.
- TELUS is trading near C$19.01 with a 52‑week range of C$17.26–C$23.29 and a market cap of C$29.48B; analysts' consensus is a "Moderate Buy" with an average target of C$21.79.
TELUS Co. (TSE:T - Get Free Report) (NYSE:TU) Director David Lawrence Mowat purchased 3,000 shares of the company's stock in a transaction dated Tuesday, December 23rd. The shares were acquired at an average cost of C$17.37 per share, with a total value of C$52,110.00. Following the purchase, the director directly owned 14,486 shares of the company's stock, valued at approximately C$251,621.82. The trade was a 26.12% increase in their position.
TELUS Stock Up 1.1%
Shares of TSE:T opened at C$19.01 on Friday. 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. TELUS Co. has a 12-month low of C$17.26 and a 12-month high of C$23.29. The business has a fifty day simple moving average of C$18.27 and a 200 day simple moving average of 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 (TSE:T - Get Free Report) (NYSE:TU) last issued its quarterly earnings results on Friday, November 7th. The company reported C$0.24 earnings per share for the quarter. TELUS had a return on equity of 5.80% and a net margin of 4.62%.The company had revenue of C$5.07 billion during the quarter. Analysts predict that TELUS Co. will post 1.2267985 earnings per share for the current year.
Key Headlines 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
Wall Street Analyst Weigh In
A number of research firms have recently commented on T. JPMorgan Chase & Co. lowered shares of TELUS from a "neutral" rating to an "underweight" rating and reduced their price objective for the company from C$22.00 to C$19.00 in a research note on Tuesday, November 18th. Canaccord Genuity Group raised shares of TELUS from a "hold" rating to a "buy" rating in a research report on Thursday, December 4th. CIBC lifted their price objective on TELUS from C$24.00 to C$25.00 in a research report on Friday, October 17th. Scotiabank dropped their price objective on TELUS from C$22.50 to C$22.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 20th. Finally, TD Securities cut their target price on TELUS from C$26.00 to C$25.00 and set a "buy" rating on the stock in a research report on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of C$21.79.
Get Our Latest Stock Report on TELUS
About TELUS
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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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