Are Telephone And Data Systems, Inc. (TDS) stocks a prudent buy?

A share price of Telephone And Data Systems, Inc. [TDS] is currently trading at $29.04, up 0.21%. An important factor to consider is whether the stock is rising or falling in short-term value. The TDS shares have gain 5.87% over the last week, with a monthly amount glided 24.90%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Telephone And Data Systems, Inc. [NYSE: TDS] stock has seen the most recent analyst activity on August 08, 2023, when JP Morgan upgraded its rating to a Overweight but kept the price target unchanged to $38 for it. Previously, Citigroup upgraded its rating to Buy on August 04, 2023. On July 17, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $8 on the stock. JP Morgan upgraded its rating to a Neutral and decreased its price target to $14 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 $22. In a note dated August 02, 2021, JP Morgan downgraded an Underweight rating on this stock but restated the target price of $23.

Telephone And Data Systems, Inc. experienced fluctuations in its stock price throughout the past year between $13.69 and $30.44. Currently, Wall Street analysts expect the stock to reach $16 within the next 12 months. Telephone And Data Systems, Inc. [NYSE: TDS] shares were valued at $29.04 at the most recent close of the market. An investor can expect a potential drop of -44.9% based on the average TDS price forecast.

Analyzing the TDS fundamentals

Trailing Twelve Months sales for Telephone And Data Systems, Inc. [NYSE:TDS] were 5.09B which represents -2.29% decline. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at -0.07%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.1%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.09 and Total Capital is -0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.83.

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 28.65 points at the first support level, and at 28.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.38, and for the 2nd resistance point, it is at 29.72.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Telephone And Data Systems, Inc. [NYSE:TDS] is 1.51. On the other hand, the Quick Ratio is 1.37, and the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 0.64, the price to book ratio is 0.81.

Related Posts