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Sunday, December 3, 2023

Analyst Expects Telephone And Data Systems, Inc. (NYSE: TDS) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Telephone And Data Systems, Inc. (TDS) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.54, or -2.84%, to $18.50. The Telephone And Data Systems, Inc. has recorded 136,515 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed TDS and UScellular to release third quarter operating results and host conference call on November 3, 2023.

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Stocks Info

As a NYSE listed company, TDS falls under the Communication Services sector while operating within the Telecom Services industry segment. At the end of the last regular session, the stock closed at $19.04 and fluctuated between $19.28 as its day high and $18.72 as its day low. The current market capitalization of Telephone And Data Systems, Inc. is $2.15B. A total of 1.43 million shares were traded on the day, compared to an average of 2.17M shares.

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, TDS has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 4,790 shares. Over the last 12 months, there were 31 BUYs and 19 SELLs from insiders. Insiders purchased 601,289 shares during that period but sold 1,078,147.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. TDS’s most recent ex-dividend date was 9/14/2023 when it declared a $0.1850 quarterly dividend that was paid in cash on 9/29/2023. Previously, the company paid the dividend on 6/30/2023 with an ex-dividend date of 6/14/2023. The TDS stock dividend was $0.1850 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for TDS in the last 3 months, the mean price target is $26.33 with high estimates of $38.00 and low estimates of $18.00. In terms of 52-week highs and lows, TDS has a high of $21.75 and a low of $6.43.

As of this writing, TDS has an earnings estimate of -$0.11 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of -$0.08 per share and a lower estimate of -$0.14. The company reported an EPS of -$0.08 in the last quarter, which was -300.00% lower than expectations of $0.04.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. TDS’s latest balance sheet shows that the firm has $367.00M in Cash & Short Term Investments as of fiscal 2021. There were $4.04B in debt and $1.18B in liabilities at the time. Its Book Value Per Share was $41.40, while its Total Shareholder’s Equity was $6.75B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TDS is Buy with a score of 4.00.

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