The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, United States Cellular Corporation (NYSE: USM) closed at $34.10 down -8.48% from its previous closing price of $37.26. In other words, the price has decreased by -$8.48 from its previous closing price. On the day, 0.76 million shares were traded. USM stock price reached its highest trading level at $37.42 during the session, while it also had its lowest trading level at $33.75.
Ratios:
For a deeper understanding of United States Cellular Corporation’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 13.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.02. For the most recent quarter (mrq), Quick Ratio is recorded 1.46 and its Current Ratio is at 1.67. In the meantime, Its Debt-to-Equity ratio is 0.86 whereas as Long-Term Debt/Eq ratio is at 0.83.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on August 09, 2023, Upgraded its rating to Equal Weight and sets its target price to $38 from $16 previously.
On August 08, 2023, JP Morgan Upgraded its rating to Overweight which previously was Neutral but kept the price unchanged to $52.
Wells Fargo Downgraded its Overweight to Underweight on January 10, 2023, whereas the target price for the stock was revised from $33 to $20.
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 2898499840 and an Enterprise Value of 7075100160. As of this moment, United’s Price-to-Earnings (P/E) ratio for their current fiscal year is 49.48, and their Forward P/E ratio for the next fiscal year is 38.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.75 while its Price-to-Book (P/B) ratio in mrq is 0.62. Its current Enterprise Value per Revenue stands at 1.811 whereas that against EBITDA is 8.735.
Stock Price History:
Over the past 52 weeks, USM has reached a high of $48.47, while it has fallen to a 52-week low of $13.79. The 50-Day Moving Average of the stock is -3.70%, while the 200-Day Moving Average is calculated to be -12.10%.
Shares Statistics:
For the past three months, USM has traded an average of 213.95K shares per day and 190050 over the past ten days. A total of 52.00M shares are outstanding, with a floating share count of 13.93M. Insiders hold about 83.67% of the company’s shares, while institutions hold 17.88% stake in the company. Shares short for USM as of 1713139200 were 1218292 with a Short Ratio of 5.69, compared to 1710460800 on 1292426. Therefore, it implies a Short% of Shares Outstanding of 1218292 and a Short% of Float of 5.54.
