Earnings for the last period weren't as bad as analysts expected, but the outlook is bleak for Mid-cap technology company United States Cellular.
2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | |
---|---|---|---|---|---|
EPS | $0.35 | $1.80 | $2.66 | $1.48 | $1.74 |
EPS Growth | -80.0% | -32.0% | 80.0% | -15.0% | n/a |
Shares Outstanding (k) | 85,000 | 86,000 | 86,000 | 86,000 | 86,000 |
Shares Growth | -1.0% | 0.0% | 0.0% | 0.0% | n/a |
Net Income (k) | $30,000 | $155,000 | $229,000 | $127,000 | $150,000 |
Net Income Growth | -80.7% | -32.3% | 80.3% | -15.3% | n/a |
Based on its trailing 12 months earning per share of 0.99, United States Cellular has a Price to Earnings (P/E) ratio of 21.21. Its forward P/E ratio of 12.64. Considered along with its sliding profitability, these relatively high multiples suggests that prices have further to fall for USM.
On the other hand the company's Price to Book (P/B) ratio of 0.378 is attractive, which means that buyers are picking up shares of the company at a discount compared to its assets.