Insights

What happened for the Telstra (ASX:TLS) share price in the FY22 first quarter?

How has the Telstra share price been performing lately?
The post What happened for the Telstra (ASX:TLS) share price in the FY22 first quarter? appeared first on The Motley Fool Australia. –

The Telstra Corporation Ltd (ASX: TLS) share price has been an interesting one to watch over the past year. Since bottoming out around $2.66 back in October last year, Telstra shares have been on quite the run. The telco is today sitting at a share price of $3.86. That’s roughly 45% off of the 52-week low that we saw back in October. We also see Telstra shares up 28.4% year to date in 2021 so far, and up 39% over the past 12 months to date.

But how did Telstra shares perform over the most recent quarter? The FY2022 year just saw its first quarter (running 1 July – 30 September) end, so how did Telstra shares go?

Well, this ASX 200 telco started the quarter off at a share price of $3.76. It finished up the quarter on 30 September at a price of $3.93. That puts its raw capital gains at roughly 4.52% for the quarter just passed. Not bad, one could say, especially considering that the broader S&P/ASX 200 Index (ASX: XJO) only managed a performance of 0.26% over the same period. That means the Telstra share price handily outperformed the market over the FY22 first quarter.

It’s also worth noting that this performance includes Telstra going ex-dividend for its final shareholder dividend during the quarter. Telstra traded ex-dividend on 25 August for its 8 cents per share payout, which naturally resulted in the Telstra share price taking a commensurate hit.

But this payout only hit shareholders’ pockets on 23 September, after the quarter ended. If these dates had been shuffled around to include the dividend payment in the quarter, shareholder returns for the period would have been even better.

So where to now for Telstra shares?

Could the Telstra share price be a buy today?

One broker who thinks so is investment bank Goldman SachsGoldman last month reaffirmed Telstra shares as a ‘buy‘, with a 12-month share price target of $4.40. That implies a future potential 12-month upside of roughly 14% on current pricing.

Goldman is bullish on Telstra following the company’s T25 update, which outlined a number of further cost-saving measures Telstra is planning on implementing. It also notes Telstra’s prioritisation of “growing franked dividends over time” as well as an expected share buyback program.

At the current Telstra share price, this telco has a market capitalisation of $44 billion and a dividend yield of 4.15%.

The post What happened for the Telstra (ASX:TLS) share price in the FY22 first quarter? appeared first on The Motley Fool Australia.

Should you invest $1,000 in Telstra right now?

Before you consider Telstra, you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Telstra wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of August 16th 2021

More reading

When will the Telstra (ASX:TLS) dividend increase?
Could the Telstra (ASX:TLS) share price reach $4.50 by the end of 2021?
Why these experts say the Telstra (ASX:TLS) share price is tempting right now
3 ASX shares protected from rising inflation and interest rates

Here’s what happened to the Telstra (ASX:TLS) share price in September

Motley Fool contributor Sebastian Bowen owns shares of Telstra Corporation Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!