United States Cellular (NYSE:USM – Get Rating) will report earnings outcomes after the market shut on Thursday, November third. Analysts anticipate the corporate to report earnings of $0.20 per share for the quarter.
United States Cellular (NYSE:USM – Get Rating) final launched its quarterly earnings outcomes on Thursday, August 4th. The wi-fi service reported earnings per share (EPS) of $0.25 for the quarter, beating analyst consensus estimates of $0.23 by $0.02. The firm had income of $1.03 billion for the quarter, in contrast to the consensus estimate of $1.02 billion. United States Cellular had a return on fairness of two.86% and a internet margin of three.18%. The firm’s quarterly income elevated 1.3% in contrast to the identical quarter final yr. In the identical interval final yr, the corporate posted $0.39 per share. On common, analysts anticipate United States Cellular to report earnings per share of $1 for the present fiscal yr and $1 for the subsequent fiscal yr.
US cell commerce up 2.8%
NYSE:USM shares opened at $31.22 on Friday. The inventory has a 50-day transferring common of $27.80 and a 200-day transferring common of $29.04. The firm has a market cap of $2.67 billion, a P/E of 20.68 and a beta of 0.63. The firm has a present ratio of 1.70, a fast ratio of 1.49 and a debt-to-equity ratio of 0.67. United States Cellular has a 12-month low of $25.39 and a 12-month excessive of $33.67.
Analysts set new worth targets
Separately, on Wednesday, October 12, StockNews.com started protection of United States Cellular in a analysis notice. They give the corporate a “hold” ranking.
Insider shopping for and promoting
In associated information, EVP Deirdre Drake bought 7,364 shares of the corporate’s inventory in a transaction that occurred on Wednesday, August tenth. The inventory bought at a mean worth of $30.68 for a complete worth of $225,927.52. Following the transaction, the Executive Vice President now instantly owns 8,623 shares of the Company, valued at roughly $264,553.64. The transaction was disclosed in a authorized submitting with the SEC, which may be accessed by the SEC’s web site. 0.23% of the shares are owned by insiders.
Hedge funds rely on US cell communications
Several main buyers have just lately modified their holdings in USM. The Swiss National Bank elevated its place in shares of United States Cellular by 7.5% within the first quarter. The Swiss National Bank now owns 31,500 shares of the wi-fi operator, valued at $952,000, after shopping for one other 2,200 shares final quarter. American Century Companies Inc. elevated its place in United States Cellular shares by 26.2% through the first quarter. American Century Companies Inc. now owns 66,307 shares of the wi-fi communications supplier, valued at $2,004,000, after buying an extra 13,757 shares final quarter. HighTower Advisors LLC elevated its place in United States Cellular shares by 61.6% through the first quarter. HighTower Advisors LLC now owns 10,615 shares of the wi-fi communications supplier, valued at $321,000, after buying an extra 4,048 shares final quarter. MetLife Investment Management LLC elevated its place in United States Cellular shares by 58.5% through the first quarter. MetLife Investment Management LLC now owns 8,957 shares of the wi-fi communications supplier, valued at $271,000, after buying an extra 3,306 shares final quarter. Finally, Dimensional Fund Advisors LP added 1.5% to its place in United States Cellular through the first quarter. Dimensional Fund Advisors LP now owns 1,897,981 shares of the wi-fi communications supplier, valued at $57,376,000, after buying an extra 27,697 shares final quarter. Institutional buyers personal 16.39% of the corporate’s shares.
United States Cellular Company Profile
United States Cellular Corporation offers wi-fi telecommunications companies within the United States. The firm provides wi-fi companies together with voice, messaging and information companies. It additionally provides gadgets comparable to smartphones and different handsets, tablets, wearables, cell hotspots, routers and IoT gadgets.
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