T-Mobile US (NASDAQ:TMUS – Get Rating) has been given a $188.00 price target by stock analysts at Credit Suisse Group in a research note issued on Monday, Borsen Zeitung reports. Credit Suisse Group’s target price indicates a potential upside of 43.26% from the company’s current price.
Several other research analysts also recently weighed in on TMUS. Deutsche Bank Aktiengesellschaft lifted their target price on T-Mobile US from $175.00 to $185.00 and gave the company a “buy” rating in a research note on Thursday, February 3rd. Morgan Stanley lifted their price target on T-Mobile US from $149.00 to $150.00 and gave the company an “overweight” rating in a research note on Friday, February 4th. Sanford C. Bernstein set a $162.00 price target on T-Mobile US in a research note on Monday, January 3rd. Citigroup lifted their price target 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. Finally, UBS Group set a $170.00 price target on T-Mobile US in a research note on Thursday, February 3rd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $161.24.
Shares of TMUS stock traded down $1.61 during midday trading on Monday, hitting $131.23. The company had a trading volume of 178,996 shares, compared to its average volume of 5,619,668. The company’s 50 day simple moving average is $125.17 and its 200 day simple moving average is $119.33. T-Mobile US has a 52-week low of $101.51 and a 52-week high of $150.20. The stock has a market cap of $163.94 billion, a price-to-earnings ratio of 54.45, a PEG ratio of 2.05 and a beta of 0.51. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.89 and a quick ratio of 0.78.
T-Mobile US (NASDAQ:TMUS – Get Rating) last announced its earnings results on Wednesday, February 2nd. The Wireless communications provider reported $1.10 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.94. T-Mobile US had a return on equity of 6.18% and a net margin of 3.78%. The company had revenue of $20.79 billion for the quarter, compared to the consensus estimate of $21.12 billion. During the same period last year, the business posted $1.03 EPS. Analysts anticipate that T-Mobile US will post 2.46 EPS for the current year.
In other news, insider Neville R. Ray sold 120,000 shares of the business’s stock in a transaction on 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.69% of the company’s stock.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Benjamin Edwards Inc. acquired a new position in T-Mobile US in the third quarter valued at $25,000. Key Financial Inc increased its stake in T-Mobile US by 162.5% in the third quarter. Key Financial Inc now owns 210 shares of the Wireless communications provider’s stock valued at $27,000 after purchasing an additional 130 shares during the last quarter. Charter Oak Capital Management LLC acquired a new stake in T-Mobile US during the fourth quarter worth about $29,000. Wolff Wiese Magana LLC increased its stake in 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. Finally, Moors & Cabot Inc. acquired a new stake in T-Mobile US during the third quarter worth about $35,000. 43.87% of the stock is owned by institutional investors.
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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