T-Mobile US, Inc. (TMUS) Stock Rating Lowered by BidaskClub

T-Mobile US, Inc. (NASDAQ:TMUS) was downgraded by stock analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research note issued to investors on Thursday.

TMUS has been the subject of several other reports. KeyCorp set a $72.00 price objective on shares of T-Mobile US and gave the stock a “buy” rating in a research note on Wednesday, October 11th. UBS AG reiterated a “buy” rating and set a $70.00 target price (down from $80.00) on shares of T-Mobile US in a research report on Monday, November 6th. Jefferies Group LLC reiterated a “buy” rating and set a $80.00 target price on shares of T-Mobile US in a research report on Saturday, July 22nd. Cowen and Company reiterated a “buy” rating and set a $70.00 target price on shares of T-Mobile US in a research report on Friday, August 25th. Finally, Barclays PLC reiterated an “overweight” rating and set a $73.00 target price (up from $70.00) on shares of T-Mobile US in a research report on Saturday, July 22nd. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $69.91.

T-Mobile US (NASDAQ:TMUS) traded up $0.80 during midday trading on Thursday, reaching $56.80. 5,758,900 shares of the company’s stock 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 stock has a market capitalization 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 52 week low of $51.54 and a 52 week high of $68.88.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Monday, October 23rd. The Wireless communications provider reported $0.63 EPS for the quarter, topping the consensus estimate of $0.46 by $0.17. The company had revenue of $10.02 billion during 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%. T-Mobile US’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.27 earnings per share. research analysts anticipate that T-Mobile US will post 2.33 EPS for the current fiscal year.

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A number of institutional investors have recently made changes to their positions in the business. Wells Fargo & Company MN grew its stake in shares of T-Mobile US by 15.3% during the third quarter. Wells Fargo & Company MN now owns 1,004,682 shares of the Wireless communications provider’s stock worth $61,948,000 after acquiring an additional 133,213 shares during the last quarter. Johnson Financial Group Inc. purchased a new stake in shares of T-Mobile US during the third quarter worth about $236,000. BKS Advisors LLC grew its stake in shares of T-Mobile US by 9.9% during the third quarter. BKS Advisors LLC now owns 39,450 shares of the Wireless communications provider’s stock worth $2,432,000 after acquiring an additional 3,550 shares during the last quarter. Schroder Investment Management Group grew its stake in shares of T-Mobile US by 8.4% during the third quarter. Schroder Investment Management Group now owns 1,154,599 shares of the Wireless communications provider’s stock worth $71,493,000 after acquiring an additional 89,755 shares during the last quarter. Finally, Virginia Retirement Systems ET AL grew its stake in shares of T-Mobile US by 30.4% during the third quarter. Virginia Retirement Systems ET AL now owns 331,600 shares of the Wireless communications provider’s stock worth $20,446,000 after acquiring an additional 77,400 shares during the last quarter. Institutional investors and hedge funds own 35.06% of the company’s stock.

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.

Analyst Recommendations for T-Mobile US (NASDAQ:TMUS)

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