News coverage about United States Cellular Corp (NYSE:USM) has trended positive this week, Alpha One reports. The research group, a division of Accern, rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Alpha One 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 Corp earned a media sentiment score of 0.31 on Alpha One’s scale. Alpha One also gave news headlines about the Wireless communications provider an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an effect on the company’s share price in the next several days.
These are some of the headlines that may have effected Alpha One’s scoring:
- UNITED STATES CELLULAR CORP : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K) (4-traders.com)
- UNITED STATES CELLULAR (USM) SHAREHOLDER ALERT – Andrews & Springer LLC Is Investigating United States Cellular Corporation For Potential Securities Violations and Breach of … (businesswire.com)
- UNITED STATES CELLULAR (USM) SHAREHOLDER ALERT – Andrews & Springer LLC Is Investigating United States Cellular Corporation For Potential Securities Violations and Breach of Fiduciary Duty (finance.yahoo.com)
- Research Analysts Set Expectations for United States Cellular Corp’s FY2017 Earnings (USM) (americanbankingnews.com)
A number of research analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of United States Cellular Corp from a “hold” rating to a “sell” rating in a research note on Wednesday, February 1st. Raymond James Financial, Inc. restated a “market perform” rating on shares of United States Cellular Corp in a research report on Monday, February 27th. FBR & Co initiated coverage on shares of United States Cellular Corp in a research report on Monday, February 27th. They set an “underperform” rating and a $30.00 target price on the stock. Finally, ValuEngine upgraded shares of United States Cellular Corp from a “sell” rating to a “hold” rating in a research report on Thursday, May 11th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The stock currently has an average rating of “Hold” and an average price target of $38.33.
Shares of United States Cellular Corp (NYSE:USM) opened at 38.75 on Friday. United States Cellular Corp has a one year low of $33.30 and a one year high of $46.01. The firm has a 50 day moving average of $38.29 and a 200 day moving average of $39.75. The stock has a market cap of $3.29 billion, a P/E ratio of 50.85 and a beta of 0.84.
United States Cellular Corp (NYSE:USM) last posted its earnings results on Friday, May 5th. The Wireless communications provider reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.20. United States Cellular Corp had a return on equity of 1.42% and a net margin of 1.30%. The business had revenue of $936 million during the quarter, compared to analysts’ expectations of $955.13 million. During the same period in the prior year, the business earned $0.10 EPS. United States Cellular Corp’s revenue for the quarter was down 3.4% compared to the same quarter last year. On average, equities research analysts predict that United States Cellular Corp will post $0.42 EPS for the current fiscal year.
In related news, SVP Deirdre Drake sold 6,755 shares of the stock in a transaction that occurred on Monday, May 8th. The stock was sold at an average price of $38.72, for a total transaction of $261,553.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Jay Ellison sold 8,447 shares of the stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $38.85, for a total value of $328,165.95. The disclosure for this sale can be found here. Over the last three months, insiders have sold 22,236 shares of company stock valued at $854,550. 1.20% of the stock is owned by company insiders.
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United States Cellular Corp Company Profile
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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