T-Mobile US, Inc. (NASDAQ:TMUS) has been given an average recommendation of “Buy” by the thirty brokerages that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, six have given a hold recommendation, eighteen have issued a buy recommendation and four have given a strong buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $71.09.
A number of brokerages recently issued reports on TMUS. Bank of America lifted their target price on T-Mobile US from $40.00 to $45.00 and gave the stock an “underperform” rating in a report on Friday, February 9th. BidaskClub cut T-Mobile US from a “hold” rating to a “sell” rating in a report on Tuesday, January 23rd. Zacks Investment Research cut T-Mobile US from a “buy” rating to a “hold” rating in a report on Wednesday, February 21st. Raymond James upgraded T-Mobile US from an “outperform” rating to a “strong-buy” rating in a report on Friday, February 9th. Finally, UBS upgraded T-Mobile US from an “outperform” rating to a “strong-buy” rating in a report on Friday, February 9th.
In related news, insider Thomas Christopher Keys sold 25,000 shares of T-Mobile US stock in a transaction on Friday, March 9th. The stock was sold at an average price of $65.50, for a total transaction of $1,637,500.00. Following the completion of the sale, the insider now owns 406,883 shares of the company’s stock, valued at $26,650,836.50. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, major shareholder Telekom Holding B.V. Deutsche acquired 365,000 shares of T-Mobile US stock in a transaction that occurred on Friday, February 16th. The shares were purchased at an average cost of $60.35 per share, with a total value of $22,027,750.00. Following the transaction, the insider now owns 536,221,077 shares of the company’s stock, valued at approximately $32,360,941,996.95. The disclosure for this purchase can be found here. In the last three months, insiders have purchased 1,840,000 shares of company stock valued at $110,974,950 and have sold 55,252 shares valued at $3,536,676. 0.29% of the stock is currently owned by company insiders.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BTC Capital Management Inc. boosted its position in T-Mobile US by 26.3% during the fourth quarter. BTC Capital Management Inc. now owns 5,419 shares of the Wireless communications provider’s stock valued at $345,000 after purchasing an additional 1,128 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in T-Mobile US by 1.2% during the fourth quarter. Nisa Investment Advisors LLC now owns 95,245 shares of the Wireless communications provider’s stock valued at $6,049,000 after purchasing an additional 1,154 shares during the last quarter. CMH Wealth Management LLC boosted its position in T-Mobile US by 5.4% during the fourth quarter. CMH Wealth Management LLC now owns 23,800 shares of the Wireless communications provider’s stock valued at $1,524,000 after purchasing an additional 1,210 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in T-Mobile US by 9.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 14,411 shares of the Wireless communications provider’s stock valued at $918,000 after purchasing an additional 1,285 shares during the last quarter. Finally, Checchi Capital Advisers LLC boosted its position in T-Mobile US by 34.7% during the fourth quarter. Checchi Capital Advisers LLC now owns 5,622 shares of the Wireless communications provider’s stock valued at $357,000 after purchasing an additional 1,448 shares during the last quarter. 35.67% of the stock is owned by hedge funds and other institutional investors.
Shares of NASDAQ TMUS traded up $0.35 during mid-day trading on Thursday, reaching $63.25. The company had a trading volume of 2,592,713 shares, compared to its average volume of 3,965,057. The company has a quick ratio of 0.64, a current ratio of 0.77 and a debt-to-equity ratio of 1.30. The stock has a market capitalization of $53,846.09, a price-to-earnings ratio of 27.62, a PEG ratio of 0.92 and a beta of 0.42. T-Mobile US has a 1-year low of $54.60 and a 1-year high of $68.88.
T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Thursday, February 8th. The Wireless communications provider reported $0.48 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.11. The business had revenue of $10.76 billion for the quarter, compared to analysts’ expectations of $10.84 billion. T-Mobile US had a return on equity of 9.60% and a net margin of 11.19%. The company’s quarterly revenue was up 5.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.45 EPS. analysts anticipate that T-Mobile US will post 3.38 earnings per share for the current year.
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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 United States Virgin Islands. The company offers voice, messaging, and data services to 72.6 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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