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.
In the latest session, Telephone And Data Systems, Inc. (NYSE: TDS) closed at $14.36 down -11.41% from its previous closing price of $16.21. In other words, the price has decreased by -$11.41 from its previous closing price. On the day, 2.37 million shares were traded. TDS stock price reached its highest trading level at $16.76 during the session, while it also had its lowest trading level at $14.04.
Ratios:
For a deeper understanding of Telephone And Data Systems, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.92. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 1.58. In the meantime, Its Debt-to-Equity ratio is 1.00 whereas as Long-Term Debt/Eq ratio is at 0.97.
Citigroup Downgraded its Buy to Neutral on July 17, 2023, whereas the target price for the stock was revised from $14 to $8.
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 1623196928 and an Enterprise Value of 8483680256. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 0.39. Its current Enterprise Value per Revenue stands at 1.657 whereas that against EBITDA is 7.657.
Stock Price History:
Over the past 52 weeks, TDS has reached a high of $21.75, while it has fallen to a 52-week low of $6.43. The 50-Day Moving Average of the stock is -7.77%, while the 200-Day Moving Average is calculated to be -15.53%.
Shares Statistics:
For the past three months, TDS has traded an average of 976.50K shares per day and 806080 over the past ten days. A total of 106.00M shares are outstanding, with a floating share count of 98.13M. Insiders hold about 13.19% of the company’s shares, while institutions hold 79.75% stake in the company. Shares short for TDS as of 1713139200 were 2335703 with a Short Ratio of 2.39, compared to 1710460800 on 2623161. Therefore, it implies a Short% of Shares Outstanding of 2335703 and a Short% of Float of 2.3599999.
Dividends & Splits
According to the company, the forward annual dividend rate for TDS is 0.74, from 0.745 in the trailing year. Against a Trailing Annual Dividend Yield of 0.045959286The stock’s 5-year Average Dividend Yield is 4.13.
