A look at United States Cellular Corporation’s (USM) recent performance gives investors their first glimpse of hope.

On Tuesday, United States Cellular Corporation (NYSE: USM) opened higher 12.19% from the last session, before settling in for the closing price of $42.98. Price fluctuations for USM have ranged from $13.79 to $49.89 over the past 52 weeks.

Communication Services Sector giant saw their annual sales slid by -0.26% over the last five years. Company’s average yearly earnings per share was noted -8.63% at the time writing. With a float of $14.02 million, this company’s outstanding shares have now reached $52.00 million.

The firm has a total of 4300 workers. Let’s measure their productivity.

United States Cellular Corporation (USM) Insider Activity

A key investor’s attitude towards the stock of the Telecom Services industry is another important factor to consider. The insider ownership of United States Cellular Corporation is 83.51%, while institutional ownership is 18.27%.

United States Cellular Corporation (USM) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 3/31/2024, the company posted 0.05 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.2) by -0.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -8.63% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.80% during the next five years compared to -18.48% drop over the previous five years of trading.

United States Cellular Corporation (NYSE: USM) Trading Performance Indicators

Check out the current performance indicators for United States Cellular Corporation (USM). In the past quarter, the stock posted a quick ratio of 1.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.06. Likewise, its price to free cash flow for the trailing twelve months is 8.49.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.69, a number that is poised to hit 0.16 in the next quarter and is forecasted to reach 0.98 in one year’s time.

Technical Analysis of United States Cellular Corporation (USM)

Analysing the last 5-days average volume posted by the [United States Cellular Corporation, USM], we can find that recorded value of 0.47 million was better than the volume posted last year of 0.27 million. As of the previous 9 days, the stock’s Stochastic %D was 43.57%. Additionally, its Average True Range was 2.50.

During the past 100 days, United States Cellular Corporation’s (USM) raw stochastic average was set at 90.66%, which indicates a significant increase from 88.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 111.26% in the past 14 days, which was higher than the 64.28% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $38.12, while its 200-day Moving Average is $40.45. Now, the first resistance to watch is $50.88. This is followed by the second major resistance level at $53.53. The third major resistance level sits at $58.35. If the price goes on to break the first support level at $43.41, it is likely to go to the next support level at $38.59. Should the price break the second support level, the third support level stands at $35.94.

United States Cellular Corporation (NYSE: USM) Key Stats

There are currently 85,000K shares outstanding in the company with a market cap of 4.10 billion. Presently, the company’s annual sales total 3,906 M according to its annual income of 54,000 K. Last quarter, the company’s sales amounted to 950,000 K and its income totaled 18,000 K.