United States Cellular Corporation (NYSE: USM) is -3.81% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The USM stock was last observed hovering at around $59.92 in the last trading session, with the day’s gains setting it 0.41%.
Currently trading at $60.33, the stock is -2.14% and -4.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.14 million and changing 0.68% at the moment leaves the stock -3.30% off its SMA200. USM registered 13.25% gain for a year compared to 6-month loss of -4.19%.
The stock witnessed a -1.39% gain in the last 1 month and extending the period to 3 months gives it a -8.35%, and is -1.47% down 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 2.03% over the week and 1.54% over the month.
United States Cellular Corporation (USM) has around 4100 employees, a market worth around $5.13B and $3.71B in sales. Fwd P/E is 54.85. Profit margin for the company is -1.05%. Distance from 52-week low is 26.77% and -14.78% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.47%).
The EPS is expected to grow by 277.17% this year
The shares outstanding are 52.00M, and float is at 13.66M with Short Float at 8.46%.
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.
