3 Stocks Pushing The Technology Sector Lower
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Wireless Telecommunication Services industry. The net income increased by 1186.4% when compared to the same quarter one year prior, rising from $1.42 million to $18.25 million.
- The current debt-to-equity ratio, 0.42, is low and is below the industry average, implying that there has been successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.50, which illustrates the ability to avoid short-term cash problems.
- The gross profit margin for TELEPHONE & DATA SYSTEMS INC is rather high; currently it is at 51.29%. Regardless of TDS's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, TDS's net profit margin of 1.52% is significantly lower than the industry average.
- Net operating cash flow has significantly decreased to $104.94 million or 57.40% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
- TDS has underperformed the S&P 500 Index, declining 5.70% from its price level of one year ago. Looking ahead, we do not see anything in this company's numbers that would change the one-year trend. It was down over the last twelve months; and it could be down again in the next twelve. Naturally, a bull or bear market could sway the movement of this stock.
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