United States Cellular Corporation (USM) Given Media Impact Score of 0.27
Media headlines about United States Cellular Corporation (NYSE:USM) have trended positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. United States Cellular Corporation earned a news sentiment score of 0.27 on Accern’s scale. Accern also gave news coverage about the Wireless communications provider an impact score of 45.6203410732994 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
A number of equities research analysts have weighed in on USM shares. BidaskClub downgraded United States Cellular Corporation from a “hold” rating to a “sell” rating in a report on Friday, June 23rd. Zacks Investment Research upgraded United States Cellular Corporation from a “hold” rating to a “buy” rating and set a $41.00 target price for the company in a report on Thursday, October 5th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $37.33.
Shares of United States Cellular Corporation (USM) opened at 36.55 on Monday. The company has a market capitalization of $3.11 billion, a P/E ratio of 63.90 and a beta of 0.81. The firm has a 50-day moving average price of $36.45 and a 200-day moving average price of $38.06. United States Cellular Corporation has a one year low of $33.30 and a one year high of $46.01.
United States Cellular Corporation (NYSE:USM) last released its quarterly earnings data on Friday, August 4th. The Wireless communications provider reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.03). United States Cellular Corporation had a return on equity of 1.12% and a net margin of 1.26%. The business had revenue of $963.00 million during the quarter, compared to analysts’ expectations of $949.43 million. During the same quarter last year, the business posted $0.32 EPS. The company’s quarterly revenue was down 2.9% compared to the same quarter last year. Equities analysts forecast that United States Cellular Corporation will post $0.31 earnings per share for the current year.
In other news, EVP Steven T. Campbell sold 18,292 shares of the stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $39.95, for a total value of $730,765.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.60% of the stock is currently owned by corporate insiders.
About United States Cellular Corporation
United States Cellular Corporation (U.S. Cellular) is a provider of wireless telecommunication services. The Company’s wireless operating markets are in the United States. U.S. Cellular provides service to postpaid and prepaid customers from a range of demographic segments. The Company focuses on retail consumers, government and small-to-mid-size business customers in industries, such as construction, retail, professional services and real estate.
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