Equities analysts forecast that T-Mobile US, Inc. (NASDAQ:TMUS – Get Rating) will post earnings per share (EPS) of $0.41 for the current fiscal quarter, Zacks Investment Research reports. Fourteen analysts have provided estimates for T-Mobile US’s earnings. The lowest EPS estimate is ($0.07) and the highest is $1.18. T-Mobile US reported earnings per share of $0.92 in the same quarter last year, which suggests a negative year-over-year growth rate of 55.4%. The company is expected to issue its next earnings results before the market opens on Monday, January 1st.
On average, analysts expect that T-Mobile US will report full-year earnings of $2.46 per share for the current financial year, with EPS estimates ranging from $1.03 to $5.37. For the next year, analysts anticipate that the firm will post earnings of $5.90 per share, with EPS estimates ranging from $3.25 to $10.56. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for T-Mobile US.
T-Mobile US (NASDAQ:TMUS – Get Rating) last issued its earnings results on Wednesday, February 2nd. The Wireless communications provider reported $1.10 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.16 by $0.94. The business had revenue of $20.79 billion during the quarter, compared to analysts’ expectations of $21.12 billion. T-Mobile US had a return on equity of 6.18% and a net margin of 3.78%. During the same quarter last year, the firm posted $1.03 earnings per share.
Several analysts recently issued reports on TMUS shares. Daiwa Capital Markets initiated coverage on T-Mobile US in a report on Thursday, December 23rd. They set a “neutral” rating and a $128.00 price objective for the company. Citigroup raised their target price on T-Mobile US from $155.00 to $156.00 and gave the company a “buy” rating in a report on Monday, March 14th. UBS Group set a $170.00 target price on T-Mobile US in a report on Thursday, February 3rd. TheStreet upgraded T-Mobile US from a “c+” rating to a “b-” rating in a research note on Thursday, March 3rd. Finally, Tigress Financial initiated coverage on T-Mobile US in a research note on Friday, March 11th. They issued a “buy” rating on the stock. Two analysts have rated the stock with a sell rating, three have issued a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $161.24.
In other news, insider Neville R. Ray sold 120,000 shares of T-Mobile US stock in a transaction that occurred on Thursday, February 3rd. The shares were 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 accessible through the SEC website. Insiders own 0.69% of the company’s stock.
Several large investors have recently bought and sold shares of the company. YorkBridge Wealth Partners LLC raised its stake in shares of T-Mobile US by 53.0% in the first quarter. YorkBridge Wealth Partners LLC now owns 4,707 shares of the Wireless communications provider’s stock valued at $604,000 after acquiring an additional 1,630 shares during the last quarter. Ritholtz Wealth Management raised its stake in shares of T-Mobile US by 87.4% in the first quarter. Ritholtz Wealth Management now owns 4,427 shares of the Wireless communications provider’s stock valued at $568,000 after acquiring an additional 2,065 shares during the last quarter. TPG Financial Advisors LLC raised its stake in shares of T-Mobile US by 18.7% in the first quarter. TPG Financial Advisors LLC now owns 4,447 shares of the Wireless communications provider’s stock valued at $571,000 after acquiring an additional 702 shares during the last quarter. Gofen & Glossberg LLC IL raised its stake in shares of T-Mobile US by 103.2% in the first quarter. Gofen & Glossberg LLC IL now owns 22,904 shares of the Wireless communications provider’s stock valued at $2,940,000 after acquiring an additional 11,630 shares during the last quarter. Finally, Glassman Wealth Services raised its position in T-Mobile US by 19.8% in the 1st quarter. Glassman Wealth Services now owns 479 shares of the Wireless communications provider’s stock worth $61,000 after purchasing an additional 79 shares during the last quarter. Institutional investors own 43.87% of the company’s stock.
Shares of NASDAQ:TMUS opened at $132.96 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.78 and a debt-to-equity ratio of 1.05. T-Mobile US has a 1 year low of $101.51 and a 1 year high of $150.20. The business has a fifty day simple moving average of $126.76 and a 200 day simple moving average of $119.61. The firm has a market cap of $166.11 billion, a price-to-earnings ratio of 55.17, a P/E/G ratio of 2.08 and a beta of 0.51.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for T-Mobile US Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for T-Mobile US and related companies with MarketBeat.com’s FREE daily email newsletter.