While Telephone And Data Systems, Inc. has underperformed by -0.63%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, TDS rose by 40.25%, with highs and lows ranging from $21.75 to $6.43, whereas the simple moving average fell by -4.14% in the last 200 days.
On August 08, 2023, JP Morgan Upgraded Telephone And Data Systems, Inc. (NYSE: TDS) to Overweight. A report published by Citigroup on August 04, 2023, Upgraded its rating to ‘Buy’ for TDS. Citigroup also Downgraded TDS shares as ‘Neutral’, setting a target price of $8 on the company’s shares in a report dated July 17, 2023. JP Morgan November 08, 2022d the rating to Neutral on November 08, 2022, and set its price target from $21 to $14. Raymond James November 07, 2022d its ‘Strong Buy’ rating to ‘Mkt Perform’ for TDS, as published in its report on November 07, 2022. Morgan Stanley’s report from April 19, 2022 suggests a price prediction of $22 for TDS shares, giving the stock a ‘Equal-Weight’ rating. JP Morgan also rated the stock as ‘Underweight’.
Analysis of Telephone And Data Systems, Inc. (TDS)
With TDS’s current dividend of $0.75 per share, investors can expect to earn a return regardless of performance. Further, the quarter-over-quarter decrease in sales is -3.32%, showing a negative trend in the upcoming months.
Telephone And Data Systems, Inc.’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of -9.05% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.23, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and TDS has an average volume of 989.20K. On a monthly basis, the volatility of the stock is set at 3.66%, whereas on a weekly basis, it is put at 3.89%, with a loss of -3.45% over the past seven days. Furthermore, long-term investors anticipate a median target price of $26.67, showing growth from the present price of $15.68, which can serve as yet another indication of whether TDS is worth investing in or should be passed over.
How Do You Analyze Telephone And Data Systems, Inc. Shares?
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 12.75%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 80.33% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
TDS shares are owned by institutional investors to the tune of 80.33% at present.
