T-Mobile US (NASDAQ:TMUS – Get Rating) had its price objective boosted by Benchmark from $200.00 to $205.00 in a report issued on Thursday, The Fly reports. Benchmark’s price objective points to a potential upside of 57.89% from the company’s current price.
Several other equities analysts also recently issued reports on the stock. StockNews.com downgraded shares of T-Mobile US from a “hold” rating to a “sell” rating in a research note on Saturday, April 23rd. Deutsche Bank Aktiengesellschaft lifted their target price on T-Mobile US from $175.00 to $185.00 and gave the stock a “buy” rating in a report on Thursday, February 3rd. The Goldman Sachs Group set a $153.00 target price on T-Mobile US in a report on Thursday, February 3rd. TheStreet raised T-Mobile US from a “c+” rating to a “b-” rating in a report on Thursday, March 3rd. Finally, UBS Group set a $170.00 target price on T-Mobile US in a report on Thursday, February 3rd. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, T-Mobile US presently has an average rating of “Buy” and an average price target of $162.10.
T-Mobile US stock opened at $129.84 on Thursday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.78 and a current ratio of 0.89. T-Mobile US has a 52 week low of $101.51 and a 52 week high of $150.20. The stock has a market capitalization of $162.21 billion, a P/E ratio of 53.88, a price-to-earnings-growth ratio of 2.04 and a beta of 0.51. The stock has a fifty day moving average of $127.42 and a 200-day moving average of $119.87.
T-Mobile US (NASDAQ:TMUS – Get Rating) last posted its quarterly earnings results on Wednesday, April 27th. The Wireless communications provider reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.16. T-Mobile US had a return on equity of 6.18% and a net margin of 3.78%. The company had revenue of $20.12 billion during the quarter, compared to analysts’ expectations of $20.14 billion. During the same quarter in the previous year, the firm earned $0.92 EPS. T-Mobile US’s revenue was up 1.8% on a year-over-year basis. On average, research analysts forecast that T-Mobile US will post 2.46 earnings per share for the current year.
In other T-Mobile US news, insider Neville R. Ray sold 120,000 shares of the stock in a transaction on Thursday, February 3rd. The stock was sold at an average price of $120.40, for a total transaction of $14,448,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.69% of the company’s stock.
Hedge funds have recently modified their holdings of the stock. Chevy Chase Trust Holdings Inc. increased its stake in T-Mobile US by 0.3% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 353,865 shares of the Wireless communications provider’s stock valued at $45,418,000 after acquiring an additional 995 shares during the last quarter. Adams Diversified Equity Fund Inc. bought a new position in shares of T-Mobile US during the first quarter valued at about $3,517,000. Magnolia Wealth Management LLC bought a new position in shares of T-Mobile US during the first quarter valued at about $2,097,000. Vestmark Advisory Solutions Inc. grew its stake in shares of T-Mobile US by 14.1% during the first quarter. Vestmark Advisory Solutions Inc. now owns 2,773 shares of the Wireless communications provider’s stock valued at $356,000 after buying an additional 342 shares during the last quarter. Finally, Sargent Bickham Lagudis LLC boosted its holdings in shares of T-Mobile US by 2,820.6% during the first quarter. Sargent Bickham Lagudis LLC now owns 14,340 shares of the Wireless communications provider’s stock worth $1,841,000 after purchasing an additional 13,849 shares during the period. Institutional investors own 43.87% of the company’s stock.
T-Mobile US Company Profile (Get Rating)
T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to 108.7 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, wearables, and tablets and other mobile communication devices, as well as wireless devices and accessories.
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