Telephone and Data Systems Inc. (NYSE:TDS) Relative Strength Index (RSI) is 58.89, with weekly volatility at 2.29% and ATR at 0.63. The TDS stock’s 52-week price range has touched low of $16.38 and a $26.03 high. Intraday shares traded counted 0.89 million, which was 31.53% higher than its 30-day average trading volume of 1.30M. Its shares traded lower over the last trading session, losing -1.38% on 05/18/21. The shares fell to a low of $24.79 before closing at $25.03. TDS’s previous close was $25.38 while the outstanding shares total 114.00M. The firm has a beta of 1.16, a 12-month trailing P/E ratio of 13.48.
Investors have identified the Telecom Services company Telephone and Data Systems Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $2.63 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Telephone and Data Systems Inc. (TDS) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For TDS, the company has in raw cash 1.04 billion on their books with 6.0 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 2.64 billion total, with 963.0 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 1.18 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on TDS sounds very interesting.
Is the stock of TDS attractive?
In related news, Director, Sugarman Gary L sold 10,413 shares of the company’s stock in a transaction that recorded on May 10. The sale was performed at an average price of 25.80, for a total value of 268,655. As the sale deal closes, the SVP-Technology, Srvs & Strateg, Hanley Joseph R now sold 13,880 shares of the company’s stock, valued at 317,436. Also, Director, Sugarman Gary L bought 300 shares of the company’s stock in a deal that was recorded on Feb 22. The shares were price at an average price of 17.93 per share, with a total market value of 5,379. Following this completion of acquisition, the Director, Davis Clarence A now holds 3,000 shares of the company’s stock, valued at 71,160. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.60%.
3 out of 5 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Telephone and Data Systems Inc.. 0 analysts has assigned a Sell rating on the TDS stock. The 12-month mean consensus price target for the company’s shares has been set at $32.50.