Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Telephone And Data Systems, Inc (NYSE: TDS) closed at $33.00 in the last session, up 4.07% from day before closing price of $31.71. In other words, the price has increased by $4.07 from its previous closing price. On the day, 0.77 million shares were traded. TDS stock price reached its highest trading level at $33.06 during the session, while it also had its lowest trading level at $31.665.
Ratios:
We take a closer look at TDS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.22. For the most recent quarter (mrq), Quick Ratio is recorded 1.44 and its Current Ratio is at 1.59. In the meantime, Its Debt-to-Equity ratio is 1.01 whereas as Long-Term Debt/Eq ratio is at 0.98.
On August 08, 2023, JP Morgan Upgraded its rating to Overweight which previously was Neutral but kept the price unchanged to $38.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TDS now has a Market Capitalization of 3746787072 and an Enterprise Value of 10305000448. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 0.93. Its current Enterprise Value per Revenue stands at 2.046 whereas that against EBITDA is 9.024.
Stock Price History:
Over the past 52 weeks, TDS has reached a high of $34.57, while it has fallen to a 52-week low of $13.69. The 50-Day Moving Average of the stock is 23.03%, while the 200-Day Moving Average is calculated to be 59.02%.
Shares Statistics:
According to the various share statistics, TDS traded on average about 1.06M shares per day over the past 3-months and 1246670 shares per day over the past 10 days. A total of 106.00M shares are outstanding, with a floating share count of 97.99M. Insiders hold about 13.28% of the company’s shares, while institutions hold 84.21% stake in the company. Shares short for TDS as of 1730332800 were 3158069 with a Short Ratio of 2.97, compared to 1727654400 on 2536114. Therefore, it implies a Short% of Shares Outstanding of 3158069 and a Short% of Float of 3.18.
Dividends & Splits
The forward annual dividend rate for TDS is 0.46, which was 0.455 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.014348786The stock’s 5-year Average Dividend Yield is 4.16.