Telephone and Data Systems, Inc with ticker code (TDS) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 25 and 21 with the average target price sitting at 22.5. Given that the stocks previous close was at 16.8 this now indicates there is a potential upside of 33.9%. There is a 50 day moving average of 15.87 and the 200 day MA is 18.39. The company has a market capitalisation of $1,940m. Find out more information at: https://www.tdsinc.com
The potential market cap would be $2,599m based on the market concensus.
Telephone and Data Systems, a telecommunications company, provides communications services in the United States. It operates through two segments: UScellular and TDS Telecom. The company offers wireless solutions to consumers and business and government customers, including a suite of connected Internet of things (IoT) solutions, and software applications for monitor and control, business automation/operations, communication, fleet and asset management, smart water solutions, private cellular networks and custom, and end-to-end IoT solutions; wireless priority services and quality priority and preemption options; smartphones and other handsets, tablets, wearables, mobile hotspots, routers, and IoT devices; and accessories, such as cases, screen protectors, chargers, and memory cards, as well as consumer electronics, including audio, home automation and networking products. It also provides replace and repair services; Trade-In program through which it buys customers’ used equipment; internet connections and all-home WI-FI services; TDS TV+, an integrated cloud television platform that offers video content; local and long-distance telephone service, VoIP, and enhanced services; and broadband, IP-based services, and hosted voice and video collaboration services. The company sells its products through retail sales, direct and indirect sales, third-party retailers, and independent agents, as well as through ecommerce and telesales. As of December 31, 2021, it offers its services to customers 5 million wireless connections, and 1.2 million wireline and cable connections. The company was incorporated in 1968 and is headquartered in Chicago, Illinois.