Telephone and Data Systems Inc. (TDS) Price Target: Is It Set To Rise Or Fall In Price?


Telephone and Data Systems Inc. (NYSE:TDS) finished Wednesday with an addition of $0.16 to close at $7.14, an upside of 2.29 percent. An average of 2,173,660 shares of common stock have been traded in the last five days. There was a fall of -$0.03 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 2,493,860 shares traded, while the 50-day average volume stands at 2,172,212.

TDS stock has decreased by -33.70% in the last month. The company shares reached their 1-month lowest point of $6.73 on 05/05/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $6.73 and a high of $18.73 in 52 weeks. It has reached a new high 12 times so far this year and lost -31.94% or -$3.35 in price. In spite of this, the price is down -61.88% from the 52-week high.

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Insider Transactions

TDS stock investors should be aware that Telephone and Data Systems Inc. (TDS) stock had its last reported insider trading activity 358 days ago on May 25.

Valuation Metrics

Telephone and Data Systems Inc. (TDS) stock’s beta is 1.08. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.14, the price-to-book (PB) ratio at 0.17.

The company’s most recent quarterly dividend payment was $0.1850 a share, representing a up of 2.78% from $0.18 last year. Its latest increase dividend $0.0050 reported on Thursday February 16 2023.

Financial Health

The quick ratio of Telephone and Data Systems Inc. for the three months ended March 30 was 1.30, and the current ratio was 1.60, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.85 and a total debt to equity ratio of 0.86 for the quarter ending March 30. Telephone and Data Systems Inc.’s EBITDA margin for the year ending March 30 is 19.95%, while its operating margin for the same period stands at 1.00%. Its gross profit as reported stood at $122.0 million compared to revenue of $5.41 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Telephone and Data Systems Inc.’s return on assets was -0.40%.

Earnings Surprise

For the three-month period that ended March 30, Telephone and Data Systems Inc. had $4.04 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$9.0 million in the quarter, while revenues were grew 588.89%. The analyst consensus anticipated Telephone and Data Systems Inc.’s latest quarter earnings to come in at $0.04 per share, but it turned out to be -$0.08, a -300.00% surprise. For the quarter, EBITDA amounted to $261.0 million. Shareholders own equity worth $112.57 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Telephone and Data Systems Inc. (TDS) price momentum. RSI 9-day as of the close on 17 May was 22.48%, suggesting the stock is oversold, with historical volatility in this time frame at 94.36%.

As of today, TDS’s price is $7.24 -0.42% or -$0.03 from its 5-day moving average. TDS is currently trading -33.64% lower than its 20-day SMA and -29.93% lower than its 100-day SMA. However, the stock’s current price level is -38.34% below the SMA50 and -55.76% below the SMA200.

The stochastic %K and %D were 11.65% and 14.60%, respectively, and the average true range (ATR) was 0.49. With the 14-day stochastic at 11.75% and the average true range at 0.48, the RSI (14) stands at 24.08%. The stock has reached -0.19 on the 9-day MACD Oscillator while the 14-day reading was at -1.03.

Analyst Ratings

JP Morgan upgraded Telephone and Data Systems Inc. (NYSE: TDS) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as an Underweight. The consensus rating for Telephone and Data Systems Inc. (TDS) among analysts is Hold. According to current brokerage recommendations, 0 brokerage firms advise that investors sell TDS, while 4 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.

What is TDS’s price target for the next 12 months?

Analysts predict a range of price targets between $14.00 and $20.00, with a median target of $16.00. Taking a look at these predictions, the average price target given by analysts for Telephone and Data Systems Inc. (TDS) stock is $16.67.


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