United States Cellular Corporation : Confidents even if its publication
United States Cellular provides cellular telephone service throughout the United States.
From a fundamental viewpoint, the company seems undervalued relatively to its peers with an EV/Sales of 0.85. In the recent months, the earnings estimates for the next year are regularly revised upward by analysts. With an EPS estimated at USD 2.05 for this year and USD 1.98 for the next year, United States Cellular is currently paid 18.95 and 19.59 times the results.
The share has been penalized losing more than 12% in three days after its quarterly publication, which showed revenues above estimates but earnings per share below them. After this strong bearish acceleration the stock has taken benefit from the mid-term support of USD 36.7. In fact the share has retraced more than 38% of this movement. This recovery could continue towards USD 41.5 and for this reason we suggest a long position on the stock at current level, with a stop loss at USD 37.9
 |
|
Copyright (c) 2013 4-Traders.com |
Disclaimer: 4-traders.com is a website published by SURPERFORMANCE SAS. Surperformance or 4-traders.com is not a registered broker-dealer nor a registered investment adviser. You understand that this web site and its content is furnished for your personal, noncommercial, informational purposes only, and that no mention of a particular security in this website constitutes a recommendation to buy, sell, or hold any other security, nor that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Surperformance and 4-traders.com services will not advise you personally concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. Information regarding trading and investment as provided by Surperformance professional is not tailored to the investment needs of any specific person. You acknowledge that you are responsible for your own financial decisions and should seek a registered financial agent depending on your own risk tolerance to advise you on your personal trading activities.
|
|
|
