Market Watch: United States Cellular Corporation (USM)’s Noteworthy Gain, Closing at 60.33

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

As of close of business last night, United States Cellular Corporation’s stock clocked out at $60.33, up 0.68% from its previous closing price of $59.92. In other words, the price has increased by $0.68 from its previous closing price. On the day, 0.14 million shares were traded. USM stock price reached its highest trading level at $61.055 during the session, while it also had its lowest trading level at $60.14.

Ratios:

To gain a deeper understanding of USM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 25.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.09. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 1.70. In the meantime, Its Debt-to-Equity ratio is 0.83 whereas as Long-Term Debt/Eq ratio is at 0.80.

On May 30, 2024, Wells Fargo Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $38 to $75.

Wells Fargo Upgraded its Underweight to Equal Weight on August 09, 2023, whereas the target price for the stock was revised from $16 to $38.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 05 ’24 when Lowell Kevin R sold 37,597 shares for $49.34 per share. The transaction valued at 1,855,036 led to the insider holds 0 shares of the business.

KEVIN R LOWELL bought 37,597 shares of USM for $1,854,912 on Aug 05 ’24.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, USM now has a Market Capitalization of 5094952960 and an Enterprise Value of 8795049984. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.38 while its Price-to-Book (P/B) ratio in mrq is 1.12. Its current Enterprise Value per Revenue stands at 2.37 whereas that against EBITDA is 11.077.

Stock Price History:

The Beta on a monthly basis for USM is 0.35, which has changed by 0.15685523 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, USM has reached a high of $70.79, while it has fallen to a 52-week low of $47.59. The 50-Day Moving Average of the stock is -4.85%, while the 200-Day Moving Average is calculated to be -3.30%.

Shares Statistics:

It appears that USM traded 237.00K shares on average per day over the past three months and 131560 shares per day over the past ten days. A total of 52.00M shares are outstanding, with a floating share count of 13.66M. Insiders hold about 83.93% of the company’s shares, while institutions hold 16.48% stake in the company. Shares short for USM as of 1748563200 were 1156171 with a Short Ratio of 4.88, compared to 1745971200 on 911548. Therefore, it implies a Short% of Shares Outstanding of 1156171 and a Short% of Float of 5.08.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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