Telephone And Data Systems, Inc. [NYSE: TDS] gained 28.63% on the last trading session, reaching $19.68 price per share at the time.
If compared to the average trading volume of 1.01M shares, TDS reached a trading volume of 9458890 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Telephone And Data Systems, Inc. [TDS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TDS shares is $26.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TDS stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for Telephone And Data Systems, Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on August 08, 2023. The new note on the price target was released on August 04, 2023, representing the official price target for Telephone And Data Systems, Inc. stock. Previously, the target price had yet another drop from $14 to $8, while Citigroup kept a Neutral rating on TDS stock. On November 08, 2022, analysts decreased their price target for TDS shares from 21 to 14.
The Average True Range (ATR) for Telephone And Data Systems, Inc. is set at 1.11, with the Price to Sales ratio for TDS stock in the period of the last 12 months amounting to 0.43. The Price to Book ratio for the last quarter was 0.54, with the Price to Cash per share for the same quarter was set at 2.46. Price to Free Cash Flow for TDS in the course of the last twelve months was 10.85 with Quick ratio for the last quarter at 1.40.
Trading performance analysis for TDS stock
Telephone And Data Systems, Inc. [TDS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 21.41. With this latest performance, TDS shares gained by 25.51% in over the last four-week period, additionally plugging by 7.36% over the last 6 months – not to mention a rise of 173.71% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TDS stock in for the last two-week period is set at 70.43, with the RSI for the last a single of trading hit 75.11, and the three-weeks RSI is set at 66.43 for Telephone And Data Systems, Inc. [TDS]. The present Moving Average for the last 50 days of trading for this stock 15.73, while it was recorded at 16.09 for the last single week of trading, and 17.20 for the last 200 days.
Telephone And Data Systems, Inc. [TDS]: A deeper dive into fundamental analysis
Telephone And Data Systems, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.40 and a Current Ratio set at 1.58.
An analysis of Institutional ownership at Telephone And Data Systems, Inc. [TDS]
The top three institutional holders of TDS stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in TDS stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in TDS stock with ownership which is approximately 5.8386%.
