Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Telephone and Data Systems (TDS) Stock Price

News articles about Telephone and Data Systems (NYSE:TDS) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Telephone and Data Systems earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news headlines about the Wireless communications provider an impact score of 45.9801010162792 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the headlines that may have effected Accern Sentiment’s rankings:

NYSE TDS opened at $26.60 on Monday. The company has a market cap of $2,955.77, a PE ratio of 50.19, a PEG ratio of 5.04 and a beta of 0.80. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.72 and a quick ratio of 1.98. Telephone and Data Systems has a 1-year low of $23.54 and a 1-year high of $29.87.

Telephone and Data Systems (NYSE:TDS) last posted its quarterly earnings data on Tuesday, May 1st. The Wireless communications provider reported $0.34 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.16. The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.25 billion. Telephone and Data Systems had a net margin of 3.08% and a return on equity of 1.32%. The company’s revenue was down 1.1% on a year-over-year basis. During the same quarter last year, the business posted $0.33 earnings per share. equities analysts predict that Telephone and Data Systems will post 0.73 earnings per share for the current year.

TDS has been the subject of a number of analyst reports. ValuEngine cut shares of Telephone and Data Systems from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. Zacks Investment Research upgraded shares of Telephone and Data Systems from a “hold” rating to a “buy” rating and set a $30.00 price target for the company in a research note on Wednesday, February 28th. TheStreet upgraded shares of Telephone and Data Systems from a “c+” rating to a “b-” rating in a research note on Friday, March 23rd. Finally, Raymond James upgraded shares of Telephone and Data Systems from a “market perform” rating to an “outperform” rating in a research note on Wednesday, May 2nd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. Telephone and Data Systems has a consensus rating of “Buy” and an average target price of $31.00.

In other news, Director David A. Wittwer sold 285,704 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $27.20, for a total transaction of $7,771,148.80. Following the completion of the sale, the director now owns 117,710 shares of the company’s stock, valued at $3,201,712. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Scott H. Williamson sold 28,714 shares of the firm’s stock in a transaction that occurred on Wednesday, March 28th. The stock was sold at an average price of $27.92, for a total transaction of $801,694.88. Following the sale, the insider now directly owns 18,353 shares of the company’s stock, valued at approximately $512,415.76. The disclosure for this sale can be found here. Company insiders own 17.30% of the company’s stock.

About Telephone and Data Systems

Telephone and Data Systems, Inc, a telecommunications company, provides wireless, wireline, cable, and hosted and managed services in the United States. The company offers cellular services, such as postpaid national plans and prepaid service plans with voice, messaging, and data usage options; and business rate plans.

Insider Buying and Selling by Quarter for Telephone and Data Systems (NYSE:TDS)

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