Telephone and Data Systems Inc. (NYSE:TDS) went up by 1.67% from its latest closing price compared to the recent 1-year high of $21.05. The company’s stock price has collected -0.77% of loss in the last five trading sessions.
Is It Worth Investing in Telephone and Data Systems Inc. (NYSE :TDS) Right Now?
Telephone and Data Systems Inc. (NYSE:TDS) scored a price-to-earnings ratio above its average ratio, recording 27.14 x from its present earnings ratio. Plus, the 36-month beta value for TDS is at 0.98. Opinions of the stock are interesting as 1 analysts out of 5 who provided ratings for Telephone and Data Systems Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $18.67, which is $7.91 above the current price. TDS currently public float of 91.11M and currently shorts hold a 8.39% ratio of that float. Today, the average trading volume of TDS was 2.34M shares.
TDS’s Market Performance
TDS stocks went down by -0.77% for the week, with a monthly jump of 13.18% and a quarterly performance of -22.94%, while its annual performance rate touched -42.40%. The volatility ratio for the week stands at 3.95% while the volatility levels for the past 30 days are set at 3.97% for Telephone and Data Systems Inc. The simple moving average for the period of the last 20 days is 5.13% for TDS stocks with a simple moving average of -23.54% for the last 200 days.
Analysts’ Opinion of TDS
Many brokerage firms have already submitted their reports for TDS stocks, with JP Morgan repeating the rating for TDS by listing it as a “Neutral.” The predicted price for TDS in the upcoming period, according to JP Morgan is $14 based on the research report published on November 08th of the previous year 2022.
Morgan Stanley gave a rating of “Equal-Weight” to TDS, setting the target price at $22 in the report published on April 19th of the previous year.
TDS Trading at 7.68% from the 50-Day Moving Average
After a stumble in the market that brought TDS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -44.94% of loss for the given period.
Volatility was left at 3.97%, however, over the last 30 days, the volatility rate increased by 3.95%, as shares surge +16.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.62% lower at present.
During the last 5 trading sessions, TDS fell by -0.77%, which changed the moving average for the period of 200-days by -41.14% in comparison to the 20-day moving average, which settled at $11.11. In addition, Telephone and Data Systems Inc. saw 10.49% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at TDS starting from Davis Clarence A, who sale 4,300 shares at the price of $18.33 back on May 25. After this action, Davis Clarence A now owns 15,511 shares of Telephone and Data Systems Inc., valued at $78,819 using the latest closing price.
Stock Fundamentals for TDS
Current profitability levels for the company are sitting at:
- +5.35 for the present operating margin
- +36.82 for the gross margin
The net margin for Telephone and Data Systems Inc. stands at +2.93. Equity return is now at value 1.00, with 0.30 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.73.