Telephone & Data Systems (TDS) Receives News Impact Rating of 0.48

News coverage about Telephone & Data Systems (NYSE:TDS) has been trending positive this week, Alpha One Sentiment reports. Alpha One, a service of Accern, scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Telephone & Data Systems earned a daily sentiment score of 0.48 on Alpha One’s scale. Alpha One also assigned news coverage about the Wireless communications provider an impact score of 52 out of 100, meaning that recent news coverage is somewhat likely to have an effect on the company’s share price in the immediate future.

Here are some of the news articles that may have effected Alpha One’s rankings:

Telephone & Data Systems (NYSE:TDS) traded up 3.50% during midday trading on Friday, reaching $27.20. 1,604,089 shares of the company were exchanged. Telephone & Data Systems has a 52-week low of $24.12 and a 52-week high of $32.97. The company has a market capitalization of $3.00 billion, a price-to-earnings ratio of 41.78 and a beta of 1.19. The company has a 50 day moving average of $26.86 and a 200-day moving average of $27.86.

Telephone & Data Systems (NYSE:TDS) last posted its quarterly earnings data on Friday, May 5th. The Wireless communications provider reported $0.33 EPS for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.32. Telephone & Data Systems had a return on equity of 0.76% and a net margin of 0.94%. The company had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.24 billion. During the same quarter in the previous year, the business earned $0.07 EPS. The company’s quarterly revenue was down 1.3% compared to the same quarter last year. On average, equities research analysts anticipate that Telephone & Data Systems will post $0.32 earnings per share for the current fiscal year.

A number of research firms have issued reports on TDS. Drexel Hamilton lowered shares of Telephone & Data Systems from a “buy” rating to a “hold” rating in a research report on Friday, February 24th. Raymond James Financial, Inc. reaffirmed a “market perform” rating on shares of Telephone & Data Systems in a report on Monday, February 27th. Finally, Zacks Investment Research lowered shares of Telephone & Data Systems from a “hold” rating to a “sell” rating in a report on Wednesday, March 8th.

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About Telephone & Data Systems

Telephone and Data Systems, Inc is a diversified telecommunications company. The Company is engaged in conducting its Wireless operations through its subsidiary, United States Cellular Corporation (U.S. Cellular), as well as providing its wireline services, cable services, and hosted and managed services (HMS), through its subsidiary, TDS Telecommunications Corporation (TDS Telecom).

5 Day Chart for NYSE:TDS

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