Somewhat Positive News Coverage Somewhat Unlikely to Impact United States Cellular Corporation (USM) Stock Price

Media headlines about United States Cellular Corporation (NYSE:USM) have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. United States Cellular Corporation earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave media coverage about the Wireless communications provider an impact score of 47.1735827706954 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:

Several equities analysts have issued reports on USM shares. Zacks Investment Research upgraded shares of United States Cellular Corporation from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a research note on Tuesday, May 9th. BidaskClub downgraded shares of United States Cellular Corporation from a “buy” rating to a “hold” rating in a research note on Friday, June 16th. Finally, ValuEngine upgraded shares of United States Cellular Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, May 11th. One equities research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $38.00.

Shares of United States Cellular Corporation (NYSE USM) traded up 1.28% during midday trading on Wednesday, hitting $38.87. 78,734 shares of the stock were exchanged. United States Cellular Corporation has a 12-month low of $33.30 and a 12-month high of $46.01. The company has a market cap of $3.31 billion, a PE ratio of 67.95 and a beta of 0.82. The firm has a 50-day moving average price of $38.42 and a 200-day moving average price of $38.76.

United States Cellular Corporation (NYSE:USM) last posted its earnings results on Friday, August 4th. The Wireless communications provider reported $0.14 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by $0.03. United States Cellular Corporation had a return on equity of 1.12% and a net margin of 1.26%. The firm had revenue of $963 million during the quarter, compared to the consensus estimate of $949.43 million. During the same period in the previous year, the company posted $0.32 EPS. The firm’s revenue for the quarter was down 2.9% compared to the same quarter last year. On average, equities analysts predict that United States Cellular Corporation will post $0.46 EPS for the current year.

In other news, EVP Steven T. Campbell sold 18,292 shares of the company’s stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $39.95, for a total value of $730,765.40. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.60% of the stock is currently owned by corporate insiders.

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United States Cellular Corporation 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.

Insider Buying and Selling by Quarter for United States Cellular Corporation (NYSE:USM)

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