Media stories about United States Cellular Corp (NYSE:USM) have been trending somewhat positive on Saturday, according to Alpha One. The research firm, a unit of Accern, identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. United States Cellular Corp earned a media sentiment score of 0.06 on Alpha One’s scale. Alpha One also gave media stories about the Wireless communications provider an impact score of 66 out of 100, indicating that recent news coverage is likely to have an effect on the stock’s share price in the next several days.
Here are some of the news articles that may have effected AlphaOne Sentiment Analysis’s rankings:
- 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 commented on USM shares. Zacks Investment Research downgraded United States Cellular Corp from a “hold” rating to a “sell” rating in a report on Wednesday, February 1st. Raymond James Financial, Inc. reiterated a “market perform” rating on shares of United States Cellular Corp in a report on Monday, February 27th. FBR & Co started coverage on United States Cellular Corp in a report on Monday, February 27th. They issued an “underperform” rating and a $30.00 price objective on the stock. Finally, ValuEngine upgraded United States Cellular Corp from a “sell” rating to a “hold” rating in a report on Thursday, May 11th. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $38.33.
United States Cellular Corp (NYSE:USM) traded up 1.71% on Friday, hitting $38.75. The stock had a trading volume of 100,662 shares. The company’s 50 day moving average is $38.29 and its 200 day moving average is $39.75. The firm has a market cap of $3.29 billion, a PE ratio of 50.85 and a beta of 0.84. United States Cellular Corp has a 12-month low of $33.30 and a 12-month high of $46.01.
United States Cellular Corp (NYSE:USM) last released its quarterly earnings results on Friday, May 5th. The Wireless communications provider reported $0.31 EPS for the quarter, topping the Thomson Reuters’ consensus estimate 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 for the quarter, compared to analysts’ expectations of $955.13 million. During the same quarter in the previous year, the firm posted $0.10 earnings per share. The company’s revenue was down 3.4% compared to the same quarter last year. On average, equities research analysts expect that United States Cellular Corp will post $0.42 EPS for the current fiscal year.
In related news, Director Harry J. Harczak, Jr. sold 2,800 shares of the business’s stock in a transaction dated Wednesday, March 22nd. The stock was sold at an average price of $36.81, for a total value of $103,068.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Jay Ellison sold 8,447 shares of the business’s stock in a transaction dated 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. In the last quarter, insiders sold 22,236 shares of company stock worth $854,550. Insiders own 1.20% of the company’s stock.
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About United States Cellular Corp
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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