Turning Up the Heat on Shares of United States Cellular Corporation (NYSE:USM)

Shares of United States Cellular Corporation (NYSE:USM) currently have an average target price of $49.5. This is the consensus number using estimates provided by polled analysts. Street analysts often give price target projections on stocks that they track.  Price target projections can be calculated using a variety of methods.  Many investors will follow stock target prices, especially when analysts make revisions. A thorough research report will typically provide detailed reasoning for a certain target projection. Some investors may watch sell-side targets very closely and use the information to assist with their own stock analysis.

There are many different strategies that investors use when entering the stock market. Beating the market is no easy task, and many veteran investors would echo that sentiment. When following the day to day happenings in the stock market, it can be easy to get distracted. There is a lot of emphasis on what is happening in the moment, and it can be tempting for investors to get caught up in the chaos. Everyday market fluctuations can sometimes cause investors to second guess their stock selections. Investors who are able to filter out the noise and focus on the most pertinent information may find themselves in an elevated position in relation to the rest of the investing field. 

Taking a quick look at analyst opinions, we can see that the current average broker recommendation on shares of United States Cellular Corporation (NYSE:USM) is presently 2.83. Out of the covering analysts polled by Zacks Research, 2 have put a Strong Buy or Buy rating on the stock. 

As earnings season comes into focus, investors will be closely tracking sell-side estimates. According to analysts polled by Zacks Research, the current quarter EPS consensus estimate is currently sitting at 0.43 for shares of United States Cellular Corporation (NYSE:USM). The number consists of estimates provided by 3 contributing analysts. For the last reporting period, the company posted a quarterly EPS of 0.23. The consensus estimate for last quarter before the earnings report was 0.46. Looking out further to the next quarter EPS estimate, the consensus is currently resting at 0.29. This consensus estimate includes 3 analysts taken into consideration by Zacks. Shifting the focus to the current fiscal year EPS estimate, the number is currently 1.62. Widening the gaze to the next fiscal year, we can see that the consensus EPS estimate is presently 1.2.

Checking in on stock price activity for United States Cellular Corporation (NYSE:USM), we have recently seen shares trading near the $47.83 mark. Investors will often track the current stock price in relation to its 52-week high and low levels. The 52-week high is currently $59.06, and the 52-week low is presently $32.81. When the current stock price is trading close to either the 52-week high or 52-week low, investors may pay closer attention to see if there will be a breakthrough that level. Over the past 12 weeks, the stock has seen a change of -16.69%. Going back to the start of the calendar year, we can see that shares have moved -7.97%. Pulling the focus closer to the past 4 weeks, shares have seen a change of 2.03%. Over the past 5 trading days, the stock has moved 1.96%.

Investors might be reviewing portfolio performance over the last six months. Many investors will be tracking shares that are trading near important levels such as the 52-week high and 52-week low. When a stock is trading near new 52-week high, investors may have to decide whether they should sell or hold on for future gains. Stocks that are moving towards a new 52-week low may also be worth keeping an eye on. There are many factors that can have an impact on the health of a particular stock. This is one reason why stock picking can be extremely tough at times. Because there are always so many things to monitor, it may be next to impossible to build a formula that will continually beat the market. Even after all the applicable information has been examined, the investor still has to make sense of the data and figure out what to do with it. Knowing how to use company data can end up being the difference between handsome gains and crippling losses. 

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