TMUS has been the subject of several other reports. Citigroup lifted their target price on T-Mobile US from $155.00 to $156.00 and gave the stock a buy rating in a research report on Monday, March 14th. Wells Fargo & Company upgraded T-Mobile US to a neutral rating in a research report on Sunday, January 9th. StockNews.com downgraded T-Mobile US from a hold rating to a sell rating in a research report on Saturday, April 23rd. Morgan Stanley lifted their target price on T-Mobile US from $149.00 to $150.00 and gave the stock an overweight rating in a research report on Friday, February 4th. Finally, Sanford C. Bernstein set a $162.00 target price on T-Mobile US in a research report on Monday, January 3rd. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of Buy and a consensus target price of $161.24.
Shares of TMUS opened at $129.84 on Wednesday. The company has a market cap of $162.21 billion, a PE ratio of 53.88, a P/E/G ratio of 2.04 and a beta of 0.51. The business has a fifty day moving average of $127.42 and a 200 day moving average of $119.87. T-Mobile US has a 52-week low of $101.51 and a 52-week high of $150.20. The company has a quick ratio of 0.78, a current ratio of 0.89 and a debt-to-equity ratio of 1.05.
T-Mobile US (NASDAQ:TMUS – Get Rating) last issued its quarterly 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. The company had revenue of $20.12 billion during the quarter, compared to the consensus estimate of $20.14 billion. T-Mobile US had a return on equity of 6.18% and a net margin of 3.78%. T-Mobile US’s revenue was up 1.8% on a year-over-year basis. During the same period last year, the company earned $0.92 earnings per share. As a group, research analysts anticipate that T-Mobile US will post 2.46 earnings per share for the current fiscal year.
In other T-Mobile US news, insider Neville R. Ray sold 120,000 shares of T-Mobile US stock in a transaction dated Thursday, February 3rd. The stock was sold at an average price of $120.40, for a total value of $14,448,000.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.69% of the stock is owned by insiders.
Hedge funds have recently modified their holdings of the company. Koshinski Asset Management Inc. grew its stake in shares of T-Mobile US by 48.5% during the first quarter. Koshinski Asset Management Inc. now owns 245 shares of the Wireless communications provider’s stock worth $31,000 after acquiring an additional 80 shares during the last quarter. Charter Oak Capital Management LLC purchased a new stake in shares of T-Mobile US during the fourth quarter worth about $29,000. Wolff Wiese Magana LLC grew its stake in shares of T-Mobile US by 324.3% during the fourth quarter. Wolff Wiese Magana LLC now owns 297 shares of the Wireless communications provider’s stock worth $34,000 after acquiring an additional 227 shares during the last quarter. Covestor Ltd acquired a new stake in shares of T-Mobile US during the fourth quarter worth about $35,000. Finally, Amplius Wealth Advisors LLC acquired a new stake in shares of T-Mobile US during the fourth quarter worth about $38,000. Institutional investors and hedge funds own 43.87% 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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