United States Cellular Corporation [USM] stock prices are up 6.93% to $68.81 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The USM shares have gain 7.20% over the last week, with a monthly amount glided 9.57%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
United States Cellular Corporation [NYSE: USM] stock has seen the most recent analyst activity on November 07, 2024, when Raymond James upgraded its rating to a Outperform but kept the price target unchanged to $86 for it. Previously, Wells Fargo upgraded its rating to Overweight on May 30, 2024, and elevated its price target to $75. On August 09, 2023, upgrade upgraded it’s rating to Equal Weight and revised its price target to $38 on the stock. JP Morgan upgraded its rating to a Overweight but stick to its price target of $52 on August 08, 2023. Wells Fargo downgraded its rating to a Underweight and reduced its price target to $20 on January 10, 2023. JP Morgan upgraded its rating to Neutral for this stock on November 08, 2022, and downed its price target to $24. In a note dated November 07, 2022, Raymond James downgraded an Mkt Perform rating on this stock.
The stock price of United States Cellular Corporation [USM] has been fluctuating between $47.59 and $70.79 over the past year. Currently, Wall Street analysts expect the stock to reach $80.5 within the next 12 months. United States Cellular Corporation [NYSE: USM] shares were valued at $68.81 at the most recent close of the market. An investor can expect a potential return of 16.99% based on the average USM price forecast.
Analyzing the USM fundamentals
The United States Cellular Corporation [NYSE:USM] reported sales of 3.71B for trailing twelve months, representing a drop of -6.21%. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at -0.0%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.01 and Total Capital is -0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.83.
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 65.26 points at the first support level, and at 61.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 70.92, and for the 2nd resistance point, it is at 73.03.
Ratios To Look Out For
It’s worth pointing out that United States Cellular Corporation [NYSE:USM]’s Current Ratio is 1.70. As well, the Quick Ratio is 1.48, while the Cash Ratio is 0.23. Considering the valuation of this stock, the price to sales ratio is 1.58, the price to book ratio is 1.28.
Transactions by insiders
Recent insider trading involved Lowell Kevin R, EVP, Chief People Officer, that happened on Aug 05 ’24 when 37597.0 shares were sold. Officer, KEVIN R LOWELL completed a deal on Aug 05 ’24 to buy 37597.0 shares.
