T-Mobile Us Inc (NASDAQ:TMUS) EVP David R. Carey sold 2,000 shares of T-Mobile Us stock in a transaction on Wednesday, November 7th. The stock was sold at an average price of $70.01, for a total transaction of $140,020.00. Following the transaction, the executive vice president now owns 202,851 shares in the company, valued at approximately $14,201,598.51. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Shares of TMUS stock opened at $68.68 on Friday. The firm has a market cap of $58.34 billion, a PE ratio of 29.99, a PEG ratio of 2.28 and a beta of 0.39. T-Mobile Us Inc has a one year low of $55.09 and a one year high of $70.94. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.74 and a current ratio of 0.85.
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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.08. The company had revenue of $10.84 billion for the quarter, compared to the consensus estimate of $10.73 billion. T-Mobile Us had a net margin of 11.63% and a return on equity of 11.44%. T-Mobile Us’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.63 EPS. On average, equities analysts forecast that T-Mobile Us Inc will post 3.31 EPS for the current fiscal year.
Several analysts have recently commented on the stock. ValuEngine upgraded shares of T-Mobile Us from a “sell” rating to a “hold” rating in a research report on Tuesday, August 7th. BidaskClub upgraded shares of T-Mobile Us from a “sell” rating to a “hold” rating in a research report on Tuesday, August 7th. Nomura restated a “neutral” rating and set a $68.00 price objective on shares of T-Mobile Us in a research report on Thursday, August 2nd. Barclays downgraded shares of T-Mobile Us to a “buy” rating in a research report on Tuesday, September 4th. Finally, KeyCorp set a $76.00 price objective on shares of T-Mobile Us and gave the company a “buy” rating in a research report on Thursday, September 13th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, thirteen have given a buy rating and three have assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $73.13.
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Sheets Smith Wealth Management increased its holdings in T-Mobile Us by 3.3% in the 3rd quarter. Sheets Smith Wealth Management now owns 23,528 shares of the Wireless communications provider’s stock valued at $1,651,000 after acquiring an additional 762 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in T-Mobile Us by 7.1% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 11,577 shares of the Wireless communications provider’s stock valued at $812,000 after acquiring an additional 770 shares during the last quarter. US Bancorp DE increased its holdings in T-Mobile Us by 11.9% in the 3rd quarter. US Bancorp DE now owns 8,233 shares of the Wireless communications provider’s stock valued at $578,000 after acquiring an additional 878 shares during the last quarter. Crossmark Global Holdings Inc. increased its holdings in T-Mobile Us by 18.5% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 5,708 shares of the Wireless communications provider’s stock valued at $401,000 after acquiring an additional 890 shares during the last quarter. Finally, Field & Main Bank increased its holdings in T-Mobile Us by 6.4% in the 2nd quarter. Field & Main Bank now owns 14,865 shares of the Wireless communications provider’s stock valued at $892,000 after acquiring an additional 900 shares during the last quarter. Institutional investors own 32.64% of the company’s stock.
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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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