T-Mobile US, Inc. (NASDAQ:TMUS) has been assigned a consensus rating of “Buy” from the thirty-one research firms that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, six have given a hold recommendation, nineteen have assigned a buy recommendation and four have issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $71.34.
A number of equities research analysts have recently weighed in on TMUS shares. BidaskClub upgraded T-Mobile US from a “sell” rating to a “hold” rating in a research report on Saturday, March 3rd. Guggenheim started coverage on T-Mobile US in a research report on Tuesday, March 13th. They set a “buy” rating and a $80.00 target price for the company. ValuEngine downgraded T-Mobile US from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. KeyCorp restated a “buy” rating and set a $76.00 target price on shares of T-Mobile US in a research report on Tuesday, January 2nd. Finally, Zacks Investment Research upgraded T-Mobile US from a “hold” rating to a “buy” rating and set a $65.00 target price for the company in a research report on Wednesday, February 14th.
Shares of TMUS stock traded up $0.34 on Thursday, reaching $63.09. 1,317,583 shares of the stock were exchanged, compared to its average volume of 4,013,179. The company has a market cap of $52,931.85, a P/E ratio of 27.73, a PEG ratio of 0.81 and a beta of 0.42. T-Mobile US has a one year low of $54.60 and a one year high of $68.88. The company has a quick ratio of 0.64, a current ratio of 0.77 and a debt-to-equity ratio of 1.30.
T-Mobile US (NASDAQ:TMUS) last released its earnings results on Thursday, February 8th. The Wireless communications provider reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.11. The company had revenue of $10.76 billion during the quarter, compared to the consensus estimate of $10.84 billion. T-Mobile US had a return on equity of 9.60% and a net margin of 11.19%. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.45 earnings per share. equities research analysts anticipate that T-Mobile US will post 3.4 earnings per share for the current fiscal year.
In other news, EVP David A. Miller sold 10,000 shares of the company’s stock in a transaction dated Wednesday, March 7th. The stock was sold at an average price of $63.50, for a total transaction of $635,000.00. Following the completion of the transaction, the executive vice president now directly owns 142,117 shares of the company’s stock, valued at $9,024,429.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Thomas Christopher Keys sold 25,000 shares of the company’s stock in a transaction dated Friday, March 9th. The stock was sold at an average price of $65.50, for a total value of $1,637,500.00. Following the transaction, the insider now directly owns 406,883 shares of the company’s stock, valued at $26,650,836.50. The disclosure for this sale can be found here. Over the last three months, insiders acquired 1,840,000 shares of company stock valued at $110,974,950 and sold 55,252 shares valued at $3,536,676. 0.29% of the stock is currently owned by insiders.
Hedge funds have recently bought and sold shares of the company. OTA Financial Group L.P. bought a new stake in T-Mobile US during the fourth quarter worth about $18,665,000. Xact Kapitalforvaltning AB raised its stake in T-Mobile US by 5.4% in the fourth quarter. Xact Kapitalforvaltning AB now owns 62,436 shares of the Wireless communications provider’s stock valued at $3,965,000 after buying an additional 3,207 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its stake in T-Mobile US by 2.3% in the fourth quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 246,914 shares of the Wireless communications provider’s stock valued at $15,682,000 after buying an additional 5,535 shares during the period. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp raised its stake in T-Mobile US by 121.4% in the fourth quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 181,997 shares of the Wireless communications provider’s stock valued at $11,559,000 after buying an additional 99,797 shares during the period. Finally, Meitav Dash Investments Ltd. bought a new stake in T-Mobile US in the fourth quarter valued at approximately $644,000. 35.67% of the stock is owned by institutional investors.
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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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