Telephone And Data Systems, Inc (NYSE:TDS) shares, rose in value on Friday, February 14, with price up by 2.95% to the previous day’s close as strong demand from buyers drove the stock to $39.50.
Actively observing the price movement in the last trading, the stock closed the session at $38.37, falling within a range of $38.18 and $39.54. The value of beta (5-year monthly) was 0.811. Referring to stock’s 52-week performance, its high was $38.57, and the low was $13.69. On the whole, TDS has fluctuated by 13.57% over the past month.
With the market capitalization of Telephone And Data Systems, Inc currently standing at about $4.19 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.31, with its dividend yield at 0.78%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.95B, with a low estimate of 1.2B and a high estimate of 1.25B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.23B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TDS’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of TDS currently trading nearly 8.11% and 12.71% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 78.57, while the 7-day volatility ratio is showing 2.68% which for the 30-day chart, stands at 2.68%. Furthermore, Telephone And Data Systems, Inc (TDS)’s beta value is 0.77, and its average true range (ATR) is 1.02.
A comparison of Telephone And Data Systems, Inc (TDS) with its peers suggests the former has fared considerably weaker in the market. TDS showed an intraday change of 2.95% in last session, and over the past year, it grew by 117.75%%.
Data on historical trading for Telephone And Data Systems, Inc (NYSE:TDS) indicates that the trading volumes over the past 10 days have averaged 0.66 and over the past 3 months, they’ve averaged 847.60K. According to company’s latest data on outstanding shares, there are 106.00 million shares outstanding.
Nearly 13.28% of Telephone And Data Systems, Inc’s shares belong to company insiders and institutional investors own 82.92% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.42 million shares as on 2025-01-31, resulting in a short ratio of 5.58. According to the data, the short interest in Telephone And Data Systems, Inc (TDS) stood at 446.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 3.75 million. The stock has risen by 15.80% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TDS stock heading into the next quarter.
