Telephone and Data Systems, Inc. (TDS) Hit a 52 Week High, Can the Run Continue?

Core Viewpoint - Telephone & Data Systems (TDS) has shown strong stock performance, reaching a 52-week high and outperforming the broader utilities sector and wireline industry [1][2]. Financial Performance - TDS has consistently exceeded earnings expectations, reporting an EPS of $0.01 against a consensus estimate of -$0.14 in its latest earnings report [2]. - For the current fiscal year, TDS is projected to have earnings of -$0.20 per share on revenues of $4.95 billion, with a year-over-year change of 81.27% [3]. - The next fiscal year forecasts earnings of -$0.15 per share on revenues of $4.77 billion, reflecting a year-over-year change of -3.6% [3]. Valuation Metrics - TDS is currently at a 52-week high, prompting an analysis of its valuation metrics to assess future stock performance [4]. - The Zacks Style Scores indicate TDS has a Value Score of B, a Growth Score of B, and a Momentum Score of F, resulting in a combined VGM Score of B [5][6]. Zacks Rank - TDS holds a Zacks Rank of 1 (Strong Buy), driven by rising earnings estimates, suggesting potential for further stock appreciation [7].