KeyCorp Weighs in on T-Mobile Us Inc’s FY2018 Earnings (TMUS)

T-Mobile Us Inc (NASDAQ:TMUS) – Stock analysts at KeyCorp lifted their FY2018 EPS estimates for T-Mobile Us in a note issued to investors on Tuesday, October 30th. KeyCorp analyst B. Nispel now forecasts that the Wireless communications provider will earn $3.18 per share for the year, up from their prior estimate of $3.03. KeyCorp has a “Buy” rating and a $76.00 price objective on the stock. KeyCorp also issued estimates for T-Mobile Us’ Q1 2019 earnings at $0.94 EPS, Q2 2019 earnings at $0.92 EPS, Q3 2019 earnings at $0.72 EPS and Q4 2019 earnings at $0.57 EPS.

TMUS has been the topic of a number of other research reports. BidaskClub raised T-Mobile Us from a “sell” rating to a “hold” rating in a research report on Tuesday, August 7th. Guggenheim boosted their price target on T-Mobile Us from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, September 27th. ValuEngine raised T-Mobile Us from a “sell” rating to a “hold” rating in a research report on Tuesday, August 7th. Societe Generale reissued a “buy” rating and set a $71.00 price target on shares of T-Mobile Us in a research report on Thursday, August 2nd. Finally, Wells Fargo & Co upped their target price on T-Mobile Us from $77.00 to $82.00 and gave the company an “outperform” rating in a research report on Monday. One analyst has rated the stock with a sell rating, five have given a hold rating, thirteen have assigned a buy rating and three have issued a strong buy rating to the stock. T-Mobile Us presently has a consensus rating of “Buy” and an average target price of $72.74.

Shares of NASDAQ TMUS opened at $68.88 on Thursday. The company has a market cap of $54.16 billion, a price-to-earnings ratio of 30.08, a price-to-earnings-growth ratio of 2.19 and a beta of 0.40. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.66 and a current ratio of 0.76. T-Mobile Us has a twelve month low of $54.60 and a twelve month high of $70.94.

T-Mobile Us (NASDAQ:TMUS) last announced its quarterly earnings results on Tuesday, October 30th. The Wireless communications provider reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.08. The firm had revenue of $10.84 billion for the quarter, compared to the consensus estimate of $10.73 billion. T-Mobile Us had a return on equity of 11.62% and a net margin of 11.63%. The business’s revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.63 earnings per share.

In other news, EVP David R. Carey sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, October 1st. The stock was sold at an average price of $70.57, for a total value of $141,140.00. Following the transaction, the executive vice president now owns 204,851 shares of the company’s stock, valued at $14,456,335.07. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Thomas Christopher Keys sold 65,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 7th. The shares were sold at an average price of $65.63, for a total value of $4,265,950.00. Following the completion of the transaction, the insider now directly owns 381,883 shares in the company, valued at approximately $25,062,981.29. The disclosure for this sale can be found here. Insiders sold 102,622 shares of company stock worth $6,814,861 in the last ninety days. 0.37% of the stock is owned by company insiders.

Several institutional investors have recently bought and sold shares of TMUS. Sheets Smith Wealth Management grew its position in T-Mobile Us by 3.3% during the third quarter. Sheets Smith Wealth Management now owns 23,528 shares of the Wireless communications provider’s stock worth $1,651,000 after buying an additional 762 shares in the last quarter. US Bancorp DE grew its position in T-Mobile Us by 11.9% during the third quarter. US Bancorp DE now owns 8,233 shares of the Wireless communications provider’s stock worth $578,000 after buying an additional 878 shares in the last quarter. Field & Main Bank grew its position in T-Mobile Us by 6.4% during the second quarter. Field & Main Bank now owns 14,865 shares of the Wireless communications provider’s stock worth $892,000 after buying an additional 900 shares in the last quarter. Buckingham Capital Management Inc. grew its position in T-Mobile Us by 7.9% during the second quarter. Buckingham Capital Management Inc. now owns 12,512 shares of the Wireless communications provider’s stock worth $748,000 after buying an additional 921 shares in the last quarter. Finally, Vident Investment Advisory LLC grew its position in T-Mobile Us by 1.9% during the second quarter. Vident Investment Advisory LLC now owns 55,504 shares of the Wireless communications provider’s stock worth $3,316,000 after buying an additional 1,018 shares in the last quarter. 32.78% of the stock is currently owned by institutional investors.

About T-Mobile Us

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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Earnings History and Estimates for T-Mobile Us (NASDAQ:TMUS)

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