T-Mobile US, Inc. (NASDAQ:TMUS – Get Rating) has received an average rating of “Buy” from the twenty-four ratings firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, four have issued a hold rating, nine have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $163.47.
Several equities analysts have recently commented on TMUS shares. Credit Suisse Group set a $188.00 target price on T-Mobile US in a research note on Monday, April 11th. Citigroup raised their target price on T-Mobile US from $155.00 to $156.00 and gave the company a “buy” rating in a research note on Monday, March 14th. JPMorgan Chase & Co. set a $175.00 price objective on shares of T-Mobile US in a research note on Wednesday, April 27th. TheStreet upgraded shares of T-Mobile US from a “c+” rating to a “b-” rating in a research report on Thursday, March 3rd. Finally, Royal Bank of Canada set a $152.00 price target on shares of T-Mobile US in a research report on Wednesday, April 27th.
NASDAQ:TMUS opened at $126.04 on Friday. The firm has a market cap of $157.46 billion, a price-to-earnings ratio of 56.27, a price-to-earnings-growth ratio of 1.65 and a beta of 0.51. T-Mobile US has a 12-month low of $101.51 and a 12-month high of $150.20. The company has a current ratio of 0.81, a quick ratio of 0.69 and a debt-to-equity ratio of 1.06. The company’s 50-day moving average is $128.43 and its two-hundred day moving average is $120.97.
T-Mobile US (NASDAQ:TMUS – Get Rating) last posted its earnings results on Wednesday, April 27th. The Wireless communications provider reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.16. T-Mobile US had a net margin of 3.49% and a return on equity of 5.46%. The firm had revenue of $20.12 billion during the quarter, compared to the consensus estimate of $20.14 billion. During the same quarter in the prior year, the company earned $0.92 EPS. The company’s revenue was up 1.8% on a year-over-year basis. On average, equities research analysts forecast that T-Mobile US will post 2.65 earnings per share for the current fiscal year.
In other T-Mobile US news, CEO G Michael Sievert sold 20,000 shares of the business’s stock in a transaction on Wednesday, May 11th. The shares were sold at an average price of $121.99, for a total transaction of $2,439,800.00. Following the sale, the chief executive officer now owns 674,472 shares of the company’s stock, valued at $82,278,839.28. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.69% of the stock is owned by insiders.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its position in T-Mobile US by 8.2% in the 1st quarter. Vanguard Group Inc. now owns 47,085,538 shares of the Wireless communications provider’s stock worth $6,043,429,000 after purchasing an additional 3,553,049 shares in the last quarter. BlackRock Inc. lifted its stake in T-Mobile US by 1.1% in the 1st quarter. BlackRock Inc. now owns 41,175,577 shares of the Wireless communications provider’s stock worth $5,284,883,000 after purchasing an additional 442,979 shares in the last quarter. State Street Corp lifted its stake in T-Mobile US by 0.7% in the 4th quarter. State Street Corp now owns 26,614,179 shares of the Wireless communications provider’s stock worth $3,086,712,000 after purchasing an additional 195,324 shares in the last quarter. Norges Bank purchased a new stake in T-Mobile US in the 4th quarter worth approximately $2,708,912,000. Finally, Dodge & Cox raised its position in shares of T-Mobile US by 29.0% during the 4th quarter. Dodge & Cox now owns 16,463,259 shares of the Wireless communications provider’s stock valued at $1,909,409,000 after buying an additional 3,701,674 shares in the last quarter. Hedge funds and other institutional investors own 45.24% of the company’s stock.
About T-Mobile US (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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