United States Cellular Corporation [USM] stock is trading at $45.95, up 27.67%. An important factor to consider is whether the stock is rising or falling in short-term value. The USM shares have gain 23.32% over the last week, with a monthly amount glided 30.02%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
United States Cellular Corporation [NYSE: USM] stock has seen the most recent analyst activity on August 09, 2023, when Wells Fargo upgraded its rating to a Equal Weight and also boosted its price target to $38 from $16. Previously, JP Morgan upgraded its rating to Overweight on August 08, 2023, and kept the price target unchanged to $52. On January 10, 2023, downgrade downgraded it’s rating to Underweight and revised its price target to $20 on the stock. JP Morgan upgraded its rating to a Neutral and decreased its price target to $24 on November 08, 2022. Raymond James downgraded its rating to a Mkt Perform. Morgan Stanley downgraded its rating to Equal-Weight for this stock on April 19, 2022, but kept the price target unchanged to $37. In a note dated August 02, 2021, JP Morgan downgraded an Underweight rating on this stock but restated the target price of $36.
United States Cellular Corporation [USM] stock has fluctuated between $13.79 and $48.47 over the past year. United States Cellular Corporation [NYSE: USM] shares were valued at $45.95 at the most recent close of the market.
Analyzing the USM fundamentals
United States Cellular Corporation [NYSE:USM] reported sales of 3.87B for the trailing twelve months, which represents a drop of -3.65%. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.01 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.68.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 37.93 points at the first support level, and at 29.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 51.93, and for the 2nd resistance point, it is at 57.91.
United States Cellular Corporation [USM] reported earnings per share of $0.2 for its fiscal quarter that ended on 3/31/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.27/share, meaning a difference of -$0.07 and a surprise factor of -25.90%. By comparison, the stated earnings for the previous quarter ended on 12/31/2023 were $0.16 per share as compared to estimates of $0.04 per share, a difference of $0.12 representing a surprise of 300.00%.
Ratios To Look Out For
For context, United States Cellular Corporation’s Current Ratio is 1.67. On the other hand, the Quick Ratio is 1.46, and the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 1.01, the price to book ratio is 0.84 and price to earnings (TTM) ratio is 66.67.
