TDS Stock Summary and Trading Ideas (Telephone And Data Systems Common Shares | NYSE:TDS)

Telephone and Data Systems Inc is a diversified telecommunications operator that provides mobile, telephone, and broadband services. The company's segments include UScellular and TDS Telecom. It generates maximum revenue from the UScellular segment.

Telephone And Data Systems Common Shares trades on the NYSE stock market under the symbol TDS.

As of November 12, 2024, TDS stock price declined to $31.58 with 720,446 million shares trading.

TDS has a beta of 1.21, meaning it tends to be more sensitive to market movements. TDS has a correlation of 0.06 to the broad based SPY ETF.

TDS has a market cap of $3.59 billion. This is considered a Mid Cap stock.

Last quarter Telephone And Data Systems Common Shares reported $1 billion in Revenue and $.01 earnings per share. This fell short of revenue expectation by $-26 million and exceeded earnings estimates by $.19.

In the last 3 years, TDS traded as high as $34.57 and as low as $6.44.

The top ETF exchange traded funds that TDS belongs to (by Net Assets): IJR, IWM, AVUV, VTI, VB.

TDS has outperformed the market in the last year with a price return of +78.8% while the SPY ETF gained +37.1%. TDS has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +56.0% and +9.0%, respectively, while the SPY returned +12.3% and +2.8%, respectively.

TDS support price is $31.56 and resistance is $33.67 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TDS shares will trade within this expected range on the day.