How to Buy Telus Stock
Telus Corp
Telus is a telecom company located in British Columbia, Canada, which is part of the Communication Services sector, and is traded under the ticker TU on the NYSE exchange.
Telus stock last closed at $20.03, up 2.3% from the previous day, and has decreased 21.94% in one year. It has overperformed other stocks in the Telecom Services industry by 0.17 percentage points. Telus stock is currently +6.26% from its 52-week low of $18.85, and -27.15% from its 52-week high of $27.50.
At the moment, there are 1.43B TU shares outstanding. The market capitalization of TU is $28.65B. In the last 24 hours, 1.72M TU shares were traded.
How to Buy Telus Stock
Not sure how to invest in Telus stock? Here's how.
- Figure out where to buy Telus stock: You need to pick an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Telus stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Choose your method of payment and add your details.
- Research Telus stock: The Telus ticker symbol is TU. Is Telus stock a good investment? Should you buy shares of TU? How do TU's underlying business fundamentals look? Do top analysts think Telus is a good buy? Why has TU's stock price moved recently? (Hint: Our stock research tools can help you evaluate if TU is a good stock to buy).
- Make your TU trade: Decide if you will purchase TU shares at the current market price or use a limit order to buy TU stock at a particular price.
- Get key alerts regarding your TU position: Create a watchlist to keep tabs on your new investment in Telus shares.
Step 1: Figure out where to buy Telus stock
You need a brokerage account in order to access the NYSE market and buy TU shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal information so you are able to buy TU stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.
- Provide your personal info to start your new brokerage account.
- Submit your info by hitting the "Create Account" button.
Step 3: Deposit money your investment account
Now that you have opened your account on one of the most highly reviewed stock trading apps, your next step is to transfer the money for your investment:
Check out the video below to see the process of transferring funds into your new brokerage account.
Step 4: Research Telus stock
After you have chosen the best place to buy Telus stock, it's important to analyze their stock prior to investing, so you can wrap your head around the risk as well as the upside.
Telus shares quick numbers
Fundamentals of Telus
WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on TU's stock page.
Is TU stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge TU's true value.
Using relative valuations methods:
- TU may be undervalued based on its P/E ratio of 22.97x, relative to Telecom Services industry P/E ratio of 98.68x
- TU could be overvalued based on its P/B ratio of 2.3x, relative to Telecom Services industry P/B ratio of 1.69x
- TU could be undervalued based on its PEG ratio of 0.89x
You can access additional valuation analysis on TU's stock here.
TU Financial Summary
Positive Health Checks:
- TU earnings of $1.67B is not enough to cover its interest payments.
- Total TU debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- TU profit margin has gone down from 9.6% to 8.8% in the past year.
- There are more short-term liabilities than short-term assets on the TU balance sheet.
- There are more long-term liabilities than short-term assets on the TU balance sheet.
- TU's operating cash flow of $3.62B allows it to safely service it's debt of $18.90B.
- TU has a relatively high debt to equity ratio of 2.2.
Is it a good time to buy Telus stock, according to Wall Street analysts?
Out of 2 Wall Street analysts who give recommendations on TU, the consensus analyst rating on Telus is a Hold
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Latest TU Analyst Forecasts
David Joyce, a top 38% analyst from Barclays maintains TU with a hold rating and lowers their TU price target from $26.00 to $23.00, on Oct 10, 2022.
Kannan Venkateshwar, a top 20% analyst from Barclays downgrades TU to a hold rating and announces their TU price target of $26.00, on May 10, 2022.
You can dive deeper into what analysts are projecting on the Telus stock forecast page.
Metrics for Advanced TU Traders
TU Performance Metrics
Last year, TU earnings were $1.21B. In the past 5 year, TU's earnings have grown by -3.89% per year. This was slower than the Telecom Services industry average of -1.28%.
Last year, TU revenue was $13.84B. In the past 5 year, TU's revenue has gone up by 5% per year. This was faster than the Telecom Services industry average of -3.36%.
Dig into TU's earnings and revenue performance here.
Latest Insiders Trades at TU
Over the past 12 months, executives and large shareholders at TU have not bought or sold any shares.
Dig into more about who owns TU shares here.
Does TU provide a stable income stream?
Telus pays a dividend of 5.19%, compared to the Telecom Services industry's average dividend yield of 4.94%. If you owned $1,000 of TU stock, you would have received $51.87 in the past 12 months.
Telus dividend payments have consistently grown over the past decade but have not remained stable.
Find more info about Telus dividend yield and history here.
What do other traders have to say about TU?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your TU trade
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price limit, use a limit order.
Press the Open Trade button and eToro will place your order.
If you need additional info about buying stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your TU position
Now that you own some shares in TU, you'll want to stay up-to-date on your new investment.
Add TU to a watchlist to keep track of your TU stock.
TU Feed
How to Buy Stock in Telus
To reiterate, here are the 6 steps to buy stock in Telus:
- Figure out where to buy Telus stock
- Open your brokerage account
- Deposit money your investment account
- Research Telus stock
- Make your TU trade
- Get key alerts regarding your TU position
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Telus, click below.
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