Telephone And Data Systems, Inc. (NYSE: TDS) is -12.53% lower on its value in year-to-date trading and has touched a low of $6.43 and a high of $21.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TDS stock was last observed hovering at around $15.68 in the last trading session, with the day’s gains setting it 0.37%.
Currently trading at $16.05, the stock is 1.57% and -1.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.81 million and changing 2.36% at the moment leaves the stock -2.13% off its SMA200. TDS registered 42.92% gain for a year compared to 6-month loss of -10.03%. The firm has a 50-day simple moving average (SMA 50) of $1.51 and a 200-day simple moving average (SMA200) of $11.43.
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The stock witnessed a 2.10% gain in the last 1 month and extending the period to 3 months gives it a -10.73%, and is 2.23% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.57% over the week and 3.62% over the month.
Telephone And Data Systems, Inc. (TDS) has around 8800 employees, a market worth around $1.81B and $5.16B in sales. Profit margin for the company is -11.01%. Distance from 52-week low is 149.42% and -26.21% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.58%).
Telephone And Data Systems, Inc. quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $1.26B over the same period.The EPS is expected to grow by 86.13% this year, but quarterly earnings will post -2.40% year-over-year. Quarterly sales are estimated to shrink -3.60% in year-over-year returns.
351 institutions hold shares in Telephone And Data Systems, Inc. (TDS), with institutional investors hold 93.87% of the company’s shares. The shares outstanding are 106.00M, and float is at 98.60M with Short Float at 2.58%. Institutions hold 87.18% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 17.39 million shares valued at $143.15 million. The investor’s holdings represent 16.52% of the TDS Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 12.18 million shares valued at $100.22 million to account for 11.57% of the shares outstanding. The other top investors are Invesco Ltd. which holds 9.0 million shares representing 8.55% and valued at over $74.04 million, while State Street Corporation holds 4.03% of the shares totaling 4.24 million with a market value of $34.89 million.
