Advertisement
Singapore markets close in 6 hours 19 minutes

  • Straits Times Index

    3,412.97
    +45.07 (+1.34%)
     

  • Nikkei

    40,403.69
    +329.00 (+0.82%)
     

  • Hang Seng

    17,929.27
    +160.13 (+0.90%)
     

  • FTSE 100

    8,121.20
    -45.56 (-0.56%)
     

  • Bitcoin USD

    61,435.12
    -1,530.69 (-2.43%)
     

  • CMC Crypto 200

    1,322.29
    -22.21 (-1.65%)
     

  • S&P 500

    5,509.01
    +33.92 (+0.62%)
     

  • Dow

    39,331.85
    +162.33 (+0.41%)
     

  • Nasdaq

    18,028.76
    +149.46 (+0.84%)
     

  • Gold

    2,337.60
    +4.20 (+0.18%)
     

  • Crude Oil

    83.17
    +0.36 (+0.43%)
     

  • 10-Yr Bond

    4.4360
    -0.0430 (-0.96%)
     

  • FTSE Bursa Malaysia

    1,604.80
    +6.84 (+0.43%)
     

  • Jakarta Composite Index

    7,154.88
    +29.74 (+0.42%)
     

  • PSE Index

    6,383.53
    +24.57 (+0.39%)
     

Why Telus (TU) is a Top Value Stock for the Long-Term

Zacks Equity Research
·2-min read

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why Investors Should Pay Attention to This Value Stock

Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks.

ADVERTISEMENT

Telus (TU)

TELUS Corporation is a leading Canadian telecom service provider based in Burnaby, British Columbia (with executive offices in Vancouver). The company is one of the largest telecom carriers in Canada (the largest in western Canada), covering 95% of the country’s population. TELUS provides wireless, wireline, and Internet communications services for voice and data to businesses and consumers. The company operates as the incumbent local exchange carrier (ILEC) in British Columbia, Alberta and parts of Quebec.

TU boasts a Value Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of Telus are trading at a forward earnings multiple of 21.3X, as well as a PEG Ratio of 2.1, a Price/Cash Flow ratio of 8.1X, and a Price/Sales ratio of 2.2X.

A company's earnings performance is important for value investors as well. For fiscal 2022, five analysts revised their earnings estimate higher in the last 60 days for TU, while the Zacks Consensus Estimate has increased $0.08 to $1.03 per share. TU also holds an average earnings surprise of 2%.

With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding TU to their portfolios.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
TELUS Corporation (TU) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research