The stock price of Telephone And Data Systems, Inc. (NYSE: TDS) has surged by 1.96 when compared to previous closing price of 29.04, but the company has seen a 6.43% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-10-25 that CHICAGO, Oct. 25, 2024 /PRNewswire/ — Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE: USM) will be webcasting their third quarter operating results conference call on November 1, 2024, at 9:00 a.m. Central Time.
Is It Worth Investing in Telephone And Data Systems, Inc. (NYSE: TDS) Right Now?
The 36-month beta value for TDS is at 0.82. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for TDS is 98.28M, and currently, shorts hold a 2.59% of that float. The average trading volume for TDS on October 31, 2024 was 978.78K shares.
TDS’s Market Performance
TDS’s stock has seen a 6.43% increase for the week, with a 26.48% rise in the past month and a 40.27% gain in the past quarter. The volatility ratio for the week is 2.93%, and the volatility levels for the past 30 days are at 3.44% for Telephone And Data Systems, Inc. The simple moving average for the past 20 days is 14.29% for TDS’s stock, with a 49.66% simple moving average for the past 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 “Overweight.” The predicted price for TDS in the upcoming period, according to JP Morgan is $38 based on the research report published on August 08, 2023 of the previous year 2023.
Citigroup gave a rating of “Neutral” to TDS, setting the target price at $8 in the report published on July 17th of the previous year.
TDS Trading at 22.14% 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 -2.73% of loss for the given period.
Volatility was left at 3.44%, however, over the last 30 days, the volatility rate increased by 2.93%, as shares surge +25.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +42.97% upper at present.
During the last 5 trading sessions, TDS rose by +6.43%, which changed the moving average for the period of 200-days by +60.57% in comparison to the 20-day moving average, which settled at $25.91. In addition, Telephone And Data Systems, Inc. saw 61.36% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for TDS
Current profitability levels for the company are sitting at:
- -0.07 for the present operating margin
- 0.47 for the gross margin
The net margin for Telephone And Data Systems, Inc. stands at -0.1. The total capital return value is set at -0.03. Equity return is now at value -8.70, with -3.35 for asset returns.
Based on Telephone And Data Systems, Inc. (TDS), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.29. The debt to equity ratio resting at 0.83. The interest coverage ratio of the stock is -1.34.
Currently, EBITDA for the company is 1.25 billion with net debt to EBITDA at 3.93. When we switch over and look at the enterprise to sales, we see a ratio of 1.56. The receivables turnover for the company is 4.84for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.51.
Conclusion
In conclusion, Telephone And Data Systems, Inc. (TDS) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
