News stories about T-Mobile US (NASDAQ:TMUS) have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. T-Mobile US earned a news impact score of 0.17 on Accern’s scale. Accern also gave headlines about the Wireless communications provider an impact score of 46.1584414300281 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- A Look at T-Mobile’s Service Revenue Growth in 4Q17 (finance.yahoo.com)
- The Worst Received Super Bowl 52 Commercials (finance.yahoo.com)
- Investors watching Unusual Volume on T-Mobile US, Inc. (TMUS) – Wall Street Morning (wallstreetmorning.com)
- T-Mobile Trades Barbs for Babies in Super Bowl Ad – Wall Street Journal (wsj.com)
TMUS has been the subject of several research reports. Jefferies Group decreased their price objective on shares of T-Mobile US from $83.00 to $77.00 and set a “buy” rating for the company in a research note on Tuesday, November 7th. BTIG Research boosted their price objective on shares of T-Mobile US from $74.00 to $84.00 and gave the stock a “buy” rating in a research note on Wednesday, October 18th. Deutsche Bank upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $56.22 to $65.00 in a research note on Thursday, November 9th. BidaskClub downgraded shares of T-Mobile US from a “sell” rating to a “strong sell” rating in a research note on Thursday, November 9th. Finally, HSBC upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating in a research note on Tuesday, November 21st. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, twenty-one have given a buy rating and two have given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $69.86.
Shares of T-Mobile US (TMUS) traded down $2.05 during mid-day trading on Monday, hitting $61.54. 3,489,438 shares of the stock traded hands, compared to its average volume of 3,162,494. The stock has a market capitalization of $52,900.00, a P/E ratio of 24.13, a PEG ratio of 0.85 and a beta of 0.30. The company has a quick ratio of 0.80, a current ratio of 0.92 and a debt-to-equity ratio of 1.50. T-Mobile US has a fifty-two week low of $54.60 and a fifty-two week high of $68.88.
T-Mobile US declared that its board has approved a share buyback plan on Wednesday, December 6th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the Wireless communications provider to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.
In other T-Mobile US news, EVP David A. Miller sold 15,000 shares of the stock in a transaction on Monday, December 18th. The shares were sold at an average price of $62.78, for a total transaction of $941,700.00. Following the transaction, the executive vice president now directly owns 104,448 shares in the company, valued at approximately $6,557,245.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Peter A. Ewens sold 10,000 shares of the stock in a transaction on Monday, January 8th. The shares were sold at an average price of $65.05, for a total transaction of $650,500.00. Following the transaction, the executive vice president now owns 146,434 shares in the company, valued at $9,525,531.70. The disclosure for this sale can be found here. Insiders have sold a total of 73,620 shares of company stock worth $4,708,192 over the last quarter. 0.29% of the stock is currently owned by insiders.
TRADEMARK VIOLATION WARNING: This piece was published by Stock Observer and is the property of of Stock Observer. If you are reading this piece on another website, it was stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this piece can be viewed at https://www.thestockobserver.com/2018/02/05/somewhat-favorable-press-coverage-somewhat-unlikely-to-impact-t-mobile-us-tmus-share-price.html.
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.
Receive News & Ratings for T-Mobile US Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile US and related companies with MarketBeat.com's FREE daily email newsletter.