Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Telephone and Data Systems Inc (NYSE: TDS) weakened during the last several trading days. TDS’ 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 6/7/24, Telephone and Data Systems Inc (NYSE: TDS) stock declined by -4.1%, closing at $21.45. However, trading volume in this decline was below average at 81% of normal. Relative to the market the stock has been weak over the last nine months but has risen 17.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, TDS is expected to continue to be a modest Value Builder.
Telephone and Data Systems has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Telephone and Data Systems has a very high Appreciation Score of 87 but a slightly negative Power Rating of 34, and the High Neutral Value Trend Rating results.
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