T-Mobile US, Inc. (NASDAQ:TMUS) – Jefferies Group issued their FY2017 earnings per share estimates for T-Mobile US in a report released on Tuesday, Zacks Investment Research reports. Jefferies Group analyst S. Goldman anticipates that the Wireless communications provider will post earnings per share of $2.51 for the year. Jefferies Group currently has a “Buy” rating and a $77.00 target price on the stock. Jefferies Group also issued estimates for T-Mobile US’s Q4 2017 earnings at $0.36 EPS and FY2018 earnings at $2.87 EPS.
TMUS has been the topic of a number of other research reports. Royal Bank of Canada restated a “buy” rating and issued a $76.00 target price on shares of T-Mobile US in a research report on Tuesday, October 3rd. Cowen and Company restated a “buy” rating and issued a $70.00 target price on shares of T-Mobile US in a research report on Friday, August 25th. KeyCorp restated an “overweight” rating and issued a $72.00 target price on shares of T-Mobile US in a research report on Saturday, September 16th. BidaskClub lowered shares of T-Mobile US from a “buy” rating to a “hold” rating in a research report on Tuesday, September 12th. Finally, Deutsche Bank AG restated a “hold” rating and issued a $70.00 target price on shares of T-Mobile US in a research report on Friday, September 8th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $69.91.
COPYRIGHT VIOLATION NOTICE: This piece was originally published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this piece on another publication, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The correct version of this piece can be viewed at https://www.dispatchtribunal.com/2017/11/11/t-mobile-us-inc-to-post-fy2017-earnings-of-2-51-per-share-jefferies-group-forecasts-tmus.html.
T-Mobile US (TMUS) traded up $0.80 during midday trading on Thursday, hitting $56.80. 5,758,900 shares of the company traded hands, compared to its average volume of 4,259,799. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.92 and a quick ratio of 0.80. The firm has a market cap of $46,589.99, a price-to-earnings ratio of 25.34, a price-to-earnings-growth ratio of 1.23 and a beta of 0.29. T-Mobile US has a twelve month low of $51.54 and a twelve month high of $68.88.
T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Monday, October 23rd. The Wireless communications provider reported $0.63 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.17. The business 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 firm’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter last year, the business posted $0.27 EPS.
A number of institutional investors have recently bought and sold shares of TMUS. Janus Henderson Group PLC increased its holdings in T-Mobile US by 12,230.1% during the 2nd quarter. Janus Henderson Group PLC now owns 4,479,412 shares of the Wireless communications provider’s stock worth $271,542,000 after acquiring an additional 4,443,083 shares during the period. Capital World Investors increased its holdings in shares of T-Mobile US by 158.7% in the 2nd quarter. Capital World Investors now owns 3,867,024 shares of the Wireless communications provider’s stock worth $234,419,000 after buying an additional 2,372,024 shares during the last quarter. Paulson & CO. Inc. increased its holdings in shares of T-Mobile US by 46.1% in the 2nd quarter. Paulson & CO. Inc. now owns 6,050,700 shares of the Wireless communications provider’s stock worth $366,793,000 after buying an additional 1,910,600 shares during the last quarter. Prudential Financial Inc. increased its holdings in shares of T-Mobile US by 3,877.3% in the 2nd quarter. Prudential Financial Inc. now owns 1,587,360 shares of the Wireless communications provider’s stock worth $96,226,000 after buying an additional 1,547,450 shares during the last quarter. Finally, BlackRock Inc. increased its holdings in shares of T-Mobile US by 10.9% in the 2nd quarter. BlackRock Inc. now owns 15,334,976 shares of the Wireless communications provider’s stock worth $929,608,000 after buying an additional 1,502,636 shares during the last quarter. 35.06% of the stock is currently 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.
Get a free copy of the Zacks research report on T-Mobile US (TMUS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for T-Mobile US Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile US Inc. and related companies with MarketBeat.com's FREE daily email newsletter.