T-Mobile US, Inc. (NASDAQ:TMUS) – KeyCorp lifted their FY2017 EPS estimates for shares of T-Mobile US in a research note issued on Monday, according to Zacks Investment Research. KeyCorp analyst B. Nispel now forecasts that the Wireless communications provider will post earnings of $2.33 per share for the year, up from their prior estimate of $2.18. KeyCorp has a “Buy” rating and a $72.00 price objective on the stock. KeyCorp also issued estimates for T-Mobile US’s Q4 2017 earnings at $0.22 EPS, Q1 2018 earnings at $0.41 EPS, Q2 2018 earnings at $0.73 EPS, Q3 2018 earnings at $0.54 EPS and Q4 2018 earnings at $0.37 EPS.
Other equities research analysts have also issued research reports about the company. Jefferies Group LLC reiterated a “buy” rating and issued a $80.00 price target on shares of T-Mobile US in a research report on Thursday, September 7th. Cowen and Company reiterated a “buy” rating and issued a $70.00 price target on shares of T-Mobile US in a research report on Friday, August 25th. BidaskClub upgraded T-Mobile US from a “hold” rating to a “buy” rating in a research report on Saturday, August 5th. William Blair restated a “buy” rating on shares of T-Mobile US in a research report on Saturday, July 22nd. Finally, UBS AG restated a “buy” rating and set a $80.00 target price on shares of T-Mobile US in a research report on Saturday, July 22nd. Three research analysts have rated the stock with a sell rating, seven have given a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $69.91.
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Shares of T-Mobile US (NASDAQ TMUS) traded up $0.80 on Wednesday, reaching $56.80. The company’s stock had a trading volume of 5,758,900 shares, compared to its average volume of 4,259,799. T-Mobile US has a fifty-two week low of $51.54 and a fifty-two week high of $68.88. 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 firm has a market cap of $46,589.99, a PE ratio of 25.34, a PEG ratio of 1.23 and a beta of 0.29.
T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Monday, October 23rd. The Wireless communications provider reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.17. T-Mobile US had a return on equity of 9.99% and a net margin of 5.55%. The business had revenue of $10.02 billion during the quarter, compared to analysts’ expectations of $10.01 billion. During the same quarter in the prior year, the firm earned $0.27 EPS. The business’s revenue for the quarter was up 7.7% compared to the same quarter last year.
A number of large investors have recently bought and sold shares of TMUS. Janus Henderson Group PLC boosted its stake in T-Mobile US by 12,230.1% during the second quarter. Janus Henderson Group PLC now owns 4,479,412 shares of the Wireless communications provider’s stock valued at $271,542,000 after buying an additional 4,443,083 shares during the period. Capital World Investors boosted its stake in T-Mobile US by 158.7% during the second quarter. Capital World Investors now owns 3,867,024 shares of the Wireless communications provider’s stock valued at $234,419,000 after buying an additional 2,372,024 shares during the period. Paulson & CO. Inc. boosted its stake in T-Mobile US by 46.1% during the second quarter. Paulson & CO. Inc. now owns 6,050,700 shares of the Wireless communications provider’s stock valued at $366,793,000 after buying an additional 1,910,600 shares during the period. Prudential Financial Inc. boosted its stake in T-Mobile US by 3,877.3% during the second quarter. Prudential Financial Inc. now owns 1,587,360 shares of the Wireless communications provider’s stock valued at $96,226,000 after buying an additional 1,547,450 shares during the period. Finally, BlackRock Inc. boosted its stake in T-Mobile US by 10.9% during the second quarter. BlackRock Inc. now owns 15,334,976 shares of the Wireless communications provider’s stock valued at $929,608,000 after buying an additional 1,502,636 shares during the period. 35.06% of the stock is owned by institutional investors.
T-Mobile US Company Profile
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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