The leading market experts have placed a mean price target of $33.74 on TELUS Corporation (NYSE:TU) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.46 a share for the upcoming quarter and $2.05 for the current fiscal.
The technical analysis of Telus Corporation Ordinary Shar plainly substantiates that the 50-day moving average of Telus Corporation Ordinary Shar is $33.18, and stock is trading $0.37 points away or +1.12% from its 50-day moving average of $33.18. Further it is trading $2.05 or +6.51% away its 200-day moving average of $31.50. TELUS Corporation (NYSE:TU) 52-week high is $34.07 and the 52-week low is $24.34.
This explains if the stock moves $-0.52, it will post a 52-week high. In event of +37.84% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Telus Corporation Ordinary Shar, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, TELUS Corporation (NYSE:TU) ratio came in at 18.40.
The stock last ended the trading session at $33.55 and registered a market cap of $19.86B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. TELUS Corporation (NYSE:TU) PEG ratio is at 4.30.
1 Chart Pattern Every Investor Should Know