Telephone And Data Systems, Inc (NYSE: TDS) is 88.34% higher on its value in year-to-date trading and has touched a low of $13.69 and a high of $34.78 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TDS stock was last observed hovering at around $33.89 in the last trading session, with the day’s gains setting it 0.67%.
Currently trading at $34.56, the stock is 5.47% and 20.19% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.89 million and changing 1.98% at the moment leaves the stock 60.66% off its SMA200. TDS registered 80.66% gain for a year compared to 6-month gain of 54.56%. The firm has a 50-day simple moving average (SMA 50) of $28.5326 and a 200-day simple moving average (SMA200) of $21.4123.
The stock witnessed a 21.26% loss in the last 1 month and extending the period to 3 months gives it a 50.07%, and is 1.29% 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 2.70% over the week and 3.99% over the month.
Telephone And Data Systems, Inc (TDS) has around 8800 employees, a market worth around $3.66B and $5.04B in sales. Profit margin for the company is -12.07%. Distance from 52-week low is 152.45% and -0.63% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.06%).
The EPS is expected to grow by 78.53% this year
373.0 institutions hold shares in Telephone And Data Systems, Inc (TDS), with institutional investors hold 100.02% of the company’s shares. The shares outstanding are 106.00M, and float is at 97.99M with Short Float at 3.39%. Institutions hold 91.86% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 16.82 million shares valued at $348.64 million. The investor’s holdings represent 14.8834 of the TDS Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 11.99 million shares valued at $248.65 million to account for 10.6149 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 6.02 million shares representing 5.3261 and valued at over $124.76 million, while STATE STREET CORP holds 3.5165 of the shares totaling 3.97 million with a market value of $82.37 million.
