Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Telephone and Data Systems Inc (NYSE: TDS) weakened of late. 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
Telephone and Data Systems Inc (NYSE: TDS) stock closed at $20.14 on 5/10/24 after a large increase of 2.3%. Moreover, exceptionally high trading volume at 216% of normal accompanied the advance. The stock has risen 24.2% during the last week but has been weak relative to the market over the last nine months.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Telephone and Data Systems has a very high Appreciation Score of 89 but a slightly negative Power Rating of 33, producing the High Neutral Value Trend Rating.
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