Is It Too Late To Consider Buying Telephone and Data Systems, Inc. (NYSE:TDS)?
Is It Too Late To Consider Buying Telephone and Data Systems, Inc. (NYSE:TDS)?
While Telephone and Data Systems, Inc. (NYSE:TDS) might not have the largest market cap around , it received a lot of attention from a substantial price increase on the NYSE over the last few months. Shareholders may appreciate the recent price jump, but the company still has a way to go before reaching its yearly highs again. As a well-established company, which tends to be well-covered by analysts, you could assume any recent changes in the company's outlook is already priced into the stock. However, could the stock still be trading at a relatively cheap price? Let's examine Telephone and Data Systems's valuation and outlook in more detail to determine if there's still a bargain opportunity.
雖然電話和數據系統公司（紐交所：TDS）的市值可能不是最高的，但它在紐交所上最近幾個月獲得了很多關注，股價也出現了較大幅度的上漲。股東們可能會欣賞這次股價的亮眼表現，但公司在達到年度高點前仍有一段路要走。作爲一家歷史悠久、分析師們較爲關注的公司，你可以認爲公司展望的任何最新變化已經被反映在股價中了。但是，這支股票還會不會以相對較低的價格交易呢？讓我們對電話和數據系統的估值和展望進行更爲詳細的研究，以判斷是否有便宜購買的機會。
What's The Opportunity In Telephone and Data Systems?
電話和數據系統公司存在哪些機會？
The stock is currently trading at US$19.17 on the share market, which means it is overvalued by 35% compared to our intrinsic value of $14.19. Not the best news for investors looking to buy! Furthermore, Telephone and Data Systems's share price also seems relatively stable compared to the rest of the market, as indicated by its low beta. If you believe the share price should eventually reach its true value, a low beta could suggest it is unlikely to rapidly do so anytime soon, and once it's there, it may be hard to fall back down into an attractive buying range.
該股票目前在股市上的交易價爲19.17美元，與我們的內在價值14.19美元相比，被高估了35%。這對於想要購買的投資者來說並不是好消息！此外，與其它市場相比，電話和數據系統的股價似乎也相對穩定，這可以從它的低貝塔係數中得到體現。如果你認爲股價最終會達到它的真實價值，低貝塔係數可能意味着它不太可能在短期內快速達到這一點，一旦到達，它可能很難回落到一個有吸引力的買入區間。
What kind of growth will Telephone and Data Systems generate?
電話和數據系統能夠產生怎樣的增長？
Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. Telephone and Data Systems' earnings over the next few years are expected to increase by 97%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value.
未來展望是在考慮購買股票時需要重視的一個方面，特別是如果你是一個尋求在投資組合中尋找增長的投資者。購買一個展望強勁的優質公司以低廉的價格是一項不錯的投資。因此，讓我們也看看公司的未來預期。電話和數據系統未來幾年的收益預計將增加97％，這表明其前景非常樂觀。這應該會帶來更強勁的現金流，反過來會推高股價。
What This Means For You
這對您意味着什麼？
Are you a shareholder? TDS's optimistic future growth appears to have been factored into the current share price, with shares trading above its fair value. At this current price, shareholders may be asking a different question – should I sell? If you believe TDS should trade below its current price, selling high and buying it back up again when its price falls towards its real value can be profitable. But before you make this decision, take a look at whether its fundamentals have changed.
你是股東嗎？TDS樂觀的未來增長似乎已經被納入當前股價，股票交易價高於其公允價值。在當前價格下，股東們可能會問一個不同的問題——我應該賣出嗎？如果你認爲TDS的交易價應該低於當前價格，以高價賣出並在其股價下跌接近其真實價值時再買入是有利可圖的。但在做出決定之前，請查看其基本面是否發生了變化。
Are you a potential investor? If you've been keeping an eye on TDS for a while, now may not be the best time to enter into the stock. The price has surpassed its true value, which means there's no upside from mispricing. However, the positive outlook is encouraging for TDS, which means it's worth diving deeper into other factors in order to take advantage of the next price drop.
你是潛在投資者嗎？如果你一直關注TDS，現在可能不是進入股票的最佳時機。股價已經超過其真實價值，這意味着價格不存在錯價上升的空間。然而，積極的前景對於TDS來說是令人鼓舞的，這表明有必要深入挖掘其他因素，以利用下一個價格下跌的機會。
In light of this, if you'd like to do more analysis on the company, it's vital to be informed of the risks involved. When we did our research, we found 3 warning signs for Telephone and Data Systems (2 are concerning!) that we believe deserve your full attention.
因此，如果你想進一步分析該公司，了解其中涉及的風險就至關重要。當我們進行研究時，我們發現了電話和數據系統存在3個警示信號（其中有2個令人擔憂！），我們相信這些警示信號值得你的充分關注。
If you are no longer interested in Telephone and Data Systems, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
如果你對電話和數據系統不感興趣了，你可以使用我們的免費平台查看我們其他50多隻有高增長潛力的股票列表。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者，發送電子郵件至editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論，只使用公正的方法論，我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議，也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意，我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者發送電子郵件至editorial-team@simplywallst.com。
譯文內容由第三人軟體翻譯。