Spotting A Winner: Telephone And Data Systems, Inc (NYSE: TDS) Retreats -1.84 And It Still Have Room To Run

Telephone And Data Systems, Inc (NYSE:TDS) currently has a daily average trading volume of 853.25K but it saw 1148793 shares traded in last market. With a market cap of 4.19B USD, the company’s current market price of $39.57 came falling about -1.84 while comparing to the previous closing price of $40.31. In past 52 weeks, the stock remained buoying in the range of price level as high as $41.21 and as low as $13.69.

Taking a look at 20-day trading activity of Telephone And Data Systems, Inc (TDS) gives us an average price of $36.92, while its current price level is -3.98% below from 52-week high level whereas it is 189.04% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $35.28 while that of 200 days or SMA-200 reads an average of $26.35. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.65% during that period while stretching the period over a month that decreases to 2.86%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 72.44 which implies that the stock is in overbought territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Raymond James which upgraded the stock as “Outperform” in its note to investors issued on November 07, 2024, recommending a price target of $51 for it. JP Morgan upgraded its recommendation for the stock as a “Overweight” from “Neutral” on August 08, 2023 while assigning a price target of $38.

Over the week, TDS’s stock price is moving 5.69% up while it is 9.58% when we observe its performance for the past one month. Year-to-date it is 16.01% up and over the past year, the stock is showing an upside performance of 114.59%.

The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. In next quarter, company is expected to be making quarterly sales of $1.17B as analysts are expecting the sales for current fiscal year at $4.95B and seeing the company making $4.79B in sales next year. Moreover, analysts are in estimates of $1.23B for current-quarter revenue.

Currently, Telephone And Data Systems, Inc’s total number of outstanding shares is 106.00M with 8.25% of that held by the insiders while 93.75% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -6.06% and return on equity (ROE) at -10.00%. Stock’s beta reads 0.77. Stock has a price to book (P/B) ratio of 1.12 while price to sale or P/S ratio amounts to 0.83. Its return on asset (ROA) is -3.84% on average.