On Friday, United States Cellular Corporation (NYSE: USM) was 7.22% up from the session before settling in for the closing price of $58.71. A 52-week range for USM has been $32.01 – $60.43.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales drop of Communication Services Sector giant was -0.26%. When this article was written, the company’s average yearly earnings per share was at -18.25%. With a float of $14.84 million, this company’s outstanding shares have now reached $52.00 million.
Let’s determine the extent of company efficiency that accounts for 4300 employees. In terms of profitability, gross margin is 46.93%, operating margin of 4.79%, and the pretax margin is 3.8%.
United States Cellular Corporation (USM) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward United States Cellular Corporation stocks. The insider ownership of United States Cellular Corporation is 82.75%, while institutional ownership is 18.06%. The most recent insider transaction that took place on Aug 05 ’24, was worth 1,855,036. In this transaction EVP, Chief People Officer of this company sold 37,597 shares at a rate of $49.34, taking the stock ownership to the 0 shares. Before that another transaction happened on Aug 05 ’24, when Company’s Officer proposed sale 37,597 for $49.34, making the entire transaction worth $1,854,912.
United States Cellular Corporation (USM) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.26 earnings per share (EPS) during the time that was better than consensus figure (set at 0.05) by 0.21. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -18.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.00% 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
You can see what United States Cellular Corporation (USM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.39. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.41. Likewise, its price to free cash flow for the trailing twelve months is 11.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.82, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 0.87 in one year’s time.
Technical Analysis of United States Cellular Corporation (USM)
Looking closely at United States Cellular Corporation (NYSE: USM), its last 5-days average volume was 0.19 million, which is a drop from its year-to-date volume of 0.24 million. As of the previous 9 days, the stock’s Stochastic %D was 75.43%. Additionally, its Average True Range was 2.04.
During the past 100 days, United States Cellular Corporation’s (USM) raw stochastic average was set at 79.57%, which indicates a significant increase from 63.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.63% in the past 14 days, which was lower than the 43.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $55.41, while its 200-day Moving Average is $46.87. However, in the short run, United States Cellular Corporation’s stock first resistance to watch stands at $66.85. Second resistance stands at $70.75. The third major resistance level sits at $73.66. If the price goes on to break the first support level at $60.04, it is likely to go to the next support level at $57.13. Should the price break the second support level, the third support level stands at $53.23.
United States Cellular Corporation (NYSE: USM) Key Stats
There are 85,000K outstanding shares of the company, which has a market capitalization of 5.41 billion. As of now, sales total 3,906 M while income totals 54,000 K. Its latest quarter income was 927,000 K while its last quarter net income were 17,000 K.
