T-Mobile US, Inc. (NASDAQ:TMUS) – Equities researchers at William Blair increased their FY2017 EPS estimates for T-Mobile US in a note issued to investors on Monday, according to Zacks Investment Research. William Blair analyst J. Breen now expects that the Wireless communications provider will post earnings of $2.44 per share for the year, up from their prior forecast of $2.05. William Blair has a “Buy” rating on the stock. William Blair also issued estimates for T-Mobile US’s Q4 2017 earnings at $0.34 EPS and FY2018 earnings at $2.63 EPS.
T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Monday, October 23rd. The Wireless communications provider reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.17. The company had revenue of $10.02 billion for the quarter, compared to analyst estimates of $10.01 billion. T-Mobile US had a net margin of 5.55% and a return on equity of 9.99%. The business’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.27 earnings per share. TRADEMARK VIOLATION WARNING: This report was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this report on another site, it was illegally stolen and republished in violation of international copyright laws. The original version of this report can be read at https://www.dispatchtribunal.com/2017/11/11/t-mobile-us-inc-tmus-expected-to-earn-fy2017-earnings-of-2-44-per-share.html.
A number of other brokerages have also issued reports on TMUS. BidaskClub upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating in a research note on Saturday, August 5th. Cowen and Company restated a “buy” rating and issued a $70.00 price target on shares of T-Mobile US in a research note on Friday, August 25th. Jefferies Group LLC restated a “buy” rating and issued a $80.00 price target on shares of T-Mobile US in a research note on Thursday, September 7th. Deutsche Bank AG restated a “hold” rating and issued a $70.00 price target on shares of T-Mobile US in a research note on Friday, September 8th. Finally, Barclays PLC restated an “overweight” rating and issued a $73.00 price target (up previously from $70.00) on shares of T-Mobile US in a research note on Saturday, July 22nd. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $69.91.
Shares of T-Mobile US (NASDAQ TMUS) traded up $0.80 during trading hours on Wednesday, hitting $56.80. 5,758,900 shares of the company were exchanged, compared to its average volume of 4,259,799. The company has a current ratio of 0.92, a quick ratio of 0.80 and a debt-to-equity ratio of 1.50. The company has a market capitalization of $46,589.99, a price-to-earnings ratio of 25.34, a PEG ratio of 1.23 and a beta of 0.29. T-Mobile US has a fifty-two week low of $51.54 and a fifty-two week high of $68.88.
A number of hedge funds have recently bought and sold shares of TMUS. Rational Advisors LLC acquired a new stake in T-Mobile US in the third quarter worth about $105,000. Proficio Capital Partners LLC lifted its holdings in T-Mobile US by 23.8% in the first quarter. Proficio Capital Partners LLC now owns 1,592 shares of the Wireless communications provider’s stock worth $108,000 after purchasing an additional 306 shares during the period. Barrett Asset Management LLC acquired a new stake in T-Mobile US in the second quarter worth about $110,000. Fifth Third Bancorp lifted its holdings in T-Mobile US by 64.8% in the first quarter. Fifth Third Bancorp now owns 1,730 shares of the Wireless communications provider’s stock worth $112,000 after purchasing an additional 680 shares during the period. Finally, Smithfield Trust Co. lifted its holdings in T-Mobile US by 1,513.6% in the second quarter. Smithfield Trust Co. now owns 1,904 shares of the Wireless communications provider’s stock worth $115,000 after purchasing an additional 1,786 shares during the period. 35.06% of the stock is owned by institutional investors and hedge funds.
About T-Mobile US
T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services to approximately 71 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.
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