Telephone And Data Systems, Inc (NYSE: TDS) is 81.22% higher on its value in year-to-date trading and has touched a low of $17.90 and a high of $41.21 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 $38.6 in the last trading session, with the day’s loss setting it -0.38%.
Currently trading at $38.22, the stock is 5.79% and 9.21% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.25 million and changing -0.98% at the moment leaves the stock 12.95% off its SMA200. TDS registered 12.05% gain for a year compared to 6-month loss of 13.92%. The firm has a 50-day simple moving average (SMA 50) of $34.9002 and a 200-day simple moving average (SMA200) of $33.68635.
The stock witnessed a 15.29% gain in the last 1 month and extending the period to 3 months gives it a 4.60%, and is -2.33% 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 3.50% over the week and 3.32% over the month.
Telephone And Data Systems, Inc (TDS) has around 7900 employees, a market worth around $4.10B and $4.86B in sales. Profit margin for the company is -2.43%. Distance from 52-week low is 113.50% and -7.26% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.18%).
with sales reaching $1.17B over the same period.The EPS is expected to grow by 50.89% this year, but quarterly earnings will post -5.49% year-over-year. Quarterly sales are estimated to shrink -5.60% in year-over-year returns.
417.0 institutions hold shares in Telephone And Data Systems, Inc (TDS), with institutional investors hold 104.42% of the company’s shares. The shares outstanding are 107.00M, and float is at 98.55M with Short Float at 6.74%. Institutions hold 95.64% 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 14.7528 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 10.5218 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 6.02 million shares representing 5.2794 and valued at over $124.76 million, while STATE STREET CORP holds 3.4856 of the shares totaling 3.97 million with a market value of $82.37 million.
