Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for United States Cellular Corp (NYSE: USM) weakened recently. USM’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 5/10/24, United States Cellular Corp (NYSE: USM) stock increased 1.1%, closing at $46.46. Moreover, trading volume in this advance was exceptionally high at 283% of normal. Relative to the market the stock has been weak over the last nine months but has risen 24.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, USM is expected to continue to be a Value Builder.
United States Cellular has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. United States Cellular has a good Appreciation Score of 76 but a neutral Power Rating of 44, triggering the High Neutral Value Trend Rating.
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