In This Article:
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why Investors Should Pay Attention to This Value Stock
Different than growth or momentum investors, value-focused investors are all about finding good stocks at good prices, and discovering which companies are trading under what their true value is before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to help pick out the most attractive and discounted stocks.
Telus (TU)
TELUS Corporation is a leading Canadian telecom service provider based in Vancouver, British Columbia. The company is one of the largest telecom carriers in Canada (the largest in western Canada) with its coast-to-coast 4G LTE network covering 99% of the country’s population. TELUS provides wireless, wireline, and Internet communications services for voice and data to businesses and consumers.
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 20.9X, as well as a PEG Ratio of 2.2, a Price/Cash Flow ratio of 5.5X, and a Price/Sales ratio of 1.5X.
Many value investors pay close attention to a company's earnings as well. For TU, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.00 to $0.73 per share for 2024. Per share TU boasts an average earnings surprise of 11.9%.
Investors should take the time to consider TU for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.
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