Last Updated: 08 Nov 2024
Executive Summary
Telephone and Data Systems Inc. (TDS) is a telecommunications company that provides communications services in the United States. The company has a market capitalization of $3.68 billion and trades on the NYSE under the ticker symbol "TDS." The latest stock price is $32.45.
TDS's financial performance has been mixed in recent quarters. The company's revenue has declined slightly, while its earnings have been volatile. In the most recent quarter, TDS reported a loss per share of $5.40.
Despite the recent challenges, TDS remains a well-positioned company in the telecommunications industry. The company has a strong balance sheet and a loyal customer base. TDS is also investing heavily in its network, which should help it to compete in the future.
Company Overview
TDS was founded in 1969 and is headquartered in Chicago, Illinois. The company provides a variety of communications services, including voice, data, and video. TDS serves both residential and business customers.
TDS has a strong presence in rural and underserved markets. The company's network reaches over 3 million customers in 31 states. TDS is also a leading provider of broadband services in its markets.
Fundamental Analysis
TDS's financial performance has been mixed in recent quarters. The company's revenue has declined slightly, while its earnings have been volatile. In the most recent quarter, TDS reported a loss per share of $5.40.
Despite the recent challenges, TDS remains a well-positioned company in the telecommunications industry. The company has a strong balance sheet and a loyal customer base. TDS is also investing heavily in its network, which should help it to compete in the future.
TDS's key financial metrics are as follows:
Revenue: $5.04 billion (TTM)
Net income: $222 million (TTM)
Earnings per share: -$5.40 (TTM)
Dividend yield: 0.0049%
Technical Analysis
TDS's stock price has been trading in a range between $34.57 and $13.48 over the past 52 weeks. The stock is currently trading near the bottom of this range.
The technical indicators are mixed. The relative strength index (RSI) is below 50, which indicates that the stock is oversold. However, the moving average convergence divergence (MACD) is above 0, which indicates that the stock is in a bullish trend.
Short Term Outlook
TDS's stock price is likely to remain range-bound in the short term. The stock is currently trading near the bottom of its 52-week range and the technical indicators are mixed.
Investors should watch for a break above $34.57 or below $13.48 to signal a change in trend.
Long Term Outlook
TDS is a well-positioned company in the telecommunications industry. The company has a strong balance sheet, a loyal customer base, and is investing heavily in its network.
TDS is likely to benefit from the growing demand for broadband services. The company is also well-positioned to compete in the future due to its strong presence in rural and underserved markets.
Investors should consider buying TDS stock for the long term. The stock is currently trading at a discount to its fair value and has the potential to generate significant returns over time.
Analyst Recommendations
The analysts have a mixed view on TDS stock. One analyst has a "buy" rating on the stock, while another has a "hold" rating. The average analyst target price is $40.
Investors should consider the analyst recommendations along with their own research before making an investment decision.
