While Telephone And Data Systems, Inc has overperformed by 0.87%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, TDS rose by 15.71%, with highs and lows ranging from $41.21 to $17.90, whereas the simple moving average jumped by 17.75% in the last 200 days.
On November 07, 2024, Raymond James Upgraded Telephone And Data Systems, Inc (NYSE: TDS) to Outperform. A report published by JP Morgan on August 08, 2023, Upgraded its rating to ‘Overweight’ for TDS. Citigroup July 17, 2023d the rating to Neutral on July 17, 2023, and set its price target from $14 to $8. JP Morgan November 08, 2022d its ‘Underweight’ rating to ‘Neutral’ for TDS, as published in its report on November 08, 2022. Morgan Stanley also rated the stock as ‘Equal-Weight’.
Analysis of Telephone And Data Systems, Inc (TDS)
The current dividend for TDS investors is set at $0.16 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter decrease in sales is -8.56%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Telephone And Data Systems, Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of -0.97% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.55, 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.
As an indicator of volatility for any stock, average volume can also be very valuable, and TDS is recording an average volume of 953.77K. On a monthly basis, the volatility of the stock is set at 3.34%, whereas on a weekly basis, it is put at 4.52%, with a gain of 11.03% over the past seven days. Furthermore, long-term investors anticipate a median target price of $50.00, showing growth from the present price of $39.47, 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?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. 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 13.71%. 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 87.92% 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 87.92% at present.
