On 5/9/24, Telephone and Data Systems Inc (NYSE: TDS) stock enjoyed a major increase of 28.6%, closing at $19.68. Moreover, exceptionally high trading volume at 908% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 24.2% 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 B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Telephone and Data Systems has a very high Appreciation Score of 95 but a slightly negative Power Rating of 33, and the Positive Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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