United States Cellular Corporation (NYSE: USM) is 0.10% higher on its value in year-to-date trading and has touched a low of $47.59 and a high of $70.79 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 USM stock was last observed hovering at around $61.97 in the last trading session, with the day’s gains setting it 0.81%.
Currently trading at $62.78, the stock is 1.93% and -3.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.73 million and changing 1.31% at the moment leaves the stock 1.37% off its SMA200. USM registered 42.07% gain for a year compared to 6-month gain of -3.42%. The firm has a 50-day simple moving average (SMA 50) of $65.1186 and a 200-day simple moving average (SMA200) of $61.87425.
The stock witnessed a -8.82% loss in the last 1 month and extending the period to 3 months gives it a -4.31%, and is 2.78% 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 1.19% over the week and 3.02% over the month.
United States Cellular Corporation (USM) has around 4100 employees, a market worth around $5.34B and $3.71B in sales. Fwd P/E is 57.07. Profit margin for the company is -1.05%. Distance from 52-week low is 31.92% and -11.32% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.47%).
with sales reaching $907.73M over the same period.The EPS is expected to grow by 277.17% this year, but quarterly earnings will post -2.22% year-over-year. Quarterly sales are estimated to shrink -2.08% in year-over-year returns.
United States Cellular Corporation (USM) Top Institutional Holders
211.0 institutions hold shares in United States Cellular Corporation (USM), with institutional investors hold 111.59% of the company’s shares. The shares outstanding are 52.00M, and float is at 13.64M with Short Float at 7.95%. Institutions hold 29.25% of the Float.
The top institutional shareholder in the company is DIMENSIONAL FUND ADVISORS LP with over 2.3 million shares valued at $128.35 million. The investor’s holdings represent 2.6736% of the USM Shares outstanding. As of 2024-06-30, the second largest holder is JERICHO CAPITAL ASSET MANAGEMENT L.P. with 1.78 million shares valued at $99.4 million to account for 2.0707 of the shares outstanding. The other top investors are GAMCO INVESTORS, INC. ET AL which holds 1.41 million shares representing 1.6444% and valued at over $78.94 million, while VANGUARD GROUP INC holds 1.5105 of the shares totaling 1.3 million with a market value of $72.51 million.
United States Cellular Corporation (USM) Insider Activity
The most recent transaction is an insider sale by Lowell Kevin R, the company’s EVP, Chief People Officer. SEC filings show that Lowell Kevin R sold 37,597 shares of the company’s common stock on Aug 05 ’24 at a price of $49.34 per share for a total of $1.86 million. Following the sale, the insider now owns 0.0 shares.
