T-Mobile US, Inc. (NASDAQ:TMUS – Get a rating) received an average “Buy” rating from the twenty-four rating agencies that cover the company, market beat reports. One analyst rated the stock with a sell rating, four issued a hold rating, nine gave the company a buy rating and one issued a strong buy rating on the company. The 12-month average price target among brokerages that have covered the stock over the past year is $163.47.
Several equity analysts have recently commented on TMUS shares. Credit Suisse Group set a target price of $188.00 on T-Mobile US in a Monday, April 11 research note. Citigroup raised its target price on T-Mobile US from $155.00 to $156.00 and gave the company a “buy” rating in a Monday, March 14 research note. JPMorgan Chase & Co. set a price target of $175.00 on T-Mobile US shares in a Wednesday, April 27 research note. TheStreet upgraded T-Mobile US shares from a “c+” rating to a “b-” rating in a Thursday, March 3 research report. Finally, Royal Bank of Canada set a price target of $152.00 on T-Mobile US shares in a research report on Wednesday, April 27.
NASDAQ:TMUS opened at $126.04 on Friday. The company has a market capitalization of $157.46 billion, a price-to-earnings ratio of 56.27, a growth price-to-earnings 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 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 United States (NASDAQ:TMUS – Get a rating) last reported results on Wednesday, April 27. The wireless communications provider reported earnings per share (EPS) of $0.57 for the quarter, beating analysts’ consensus estimate 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 company posted revenue of $20.12 billion in the quarter, versus a consensus estimate of $20.14 billion. In the same quarter of the previous year, the company achieved EPS of $0.92. The company’s revenue increased 1.8% year over year. On average, stock research analysts expect T-Mobile US to post earnings per share of 2.65 for the current fiscal year.
In other T-Mobile US CEO news Michael Sievert sold 20,000 shares of the company in a trade on Wednesday, May 11. The shares were sold at an average price of $121.99, for a total transaction of $2,439,800.00. Following the sale, the CEO now owns 674,472 shares of the company, valued at $82,278,839.28. The transaction was disclosed in a legal filing with the SEC, accessible via this link. 0.69% of the shares are held by insiders.
Several hedge funds and other institutional investors have recently changed their positions in the company. Vanguard Group Inc. increased 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 worth $6,043,429,000 after buying an additional 3,553,049 shares last quarter. BlackRock Inc. increased 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 worth $5,284,883,000 after buying an additional 442,979 shares last quarter. State Street Corp increased its stake in T-Mobile US by 0.7% in the fourth quarter. State Street Corp now owns 26,614,179 shares of the wireless communications provider worth $3,086,712,000 after buying an additional 195,324 shares last quarter. Norges Bank acquired a new stake in T-Mobile US in Q4 for a value of approximately $2,708,912,000. Finally, Dodge & Cox increased its position in T-Mobile US shares by 29.0% during the 4th quarter. Dodge & Cox now owns 16,463,259 shares of the wireless communications provider valued at $1,909,409,000 after buying an additional 3,701,674 shares last quarter. Hedge funds and other institutional investors hold 45.24% of the company’s shares.
About T-Mobile USA (Get a rating)
T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico and the US Virgin Islands. The company provides voice, messaging and data services to 108.7 million customers in postpaid, prepaid and wholesale markets. It also provides wireless devices, including smartphones, wearables, tablets and other mobile communication devices, as well as wireless devices and accessories.
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