T-Mobile US, Inc. (NASDAQ:TMUS – Get Free Report) has received an average rating of “Moderate Buy” from the twenty-eight research firms that are currently covering the stock, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold recommendation, twenty-one have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $238.25.
A number of brokerages have commented on TMUS. TD Cowen cut their price target on shares of T-Mobile US from $260.00 to $258.00 and set a “buy” rating for the company in a research note on Thursday, October 29th. KeyCorp dropped their target price on shares of T-Mobile US from $250.00 to $240.00 and set an “overweight” rating for the company in a research note on Thursday, October 29th. The Goldman Sachs Group cut their price target on T-Mobile US from $230.00 to $211.00 and set a “buy” rating on the stock in a research note on Friday, September 25th. UBS Group reduced their price objective on shares of T-Mobile US from $255.00 to $235.00 and set a “buy” rating on the stock in a research note on Friday, July 24th. Finally, Moffett Nathanson boosted their target price on T-Mobile US from $242.00 to $246.00 and gave the stock a “buy” rating in a research report on Tuesday, September 22nd.
Read Our Latest Analysis on TMUS
T-Mobile US Price Performance
NASDAQ TMUS opened at $162.01 on Friday. T-Mobile US has a twelve month low of $143.75 and a twelve month high of $224.75. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.78 and a current ratio of 0.91. The stock has a market capitalization of $171.61 billion, a PE ratio of 15.64, a P/E/G ratio of 0.94 and a beta of 0.40. The stock has a 50-day simple moving average of $164.96 and a 200 day simple moving average of $186.19.
T-Mobile US (NASDAQ:TMUS – Get Free Report) last announced its quarterly earnings data on Wednesday, October 28th. The Wireless communications provider reported $3.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.89 by $0.33. The business had revenue of $23.58 billion for the quarter, compared to the consensus estimate of $23.15 billion. T-Mobile US had a net margin of 12.05% and a return on equity of 21.47%. T-Mobile US’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the company posted $2.41 earnings per share. Research analysts anticipate that T-Mobile US will post 11.44 EPS for the current year.
T-Mobile US Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 25th will be issued a $1.17 dividend. This represents a $4.68 annualized dividend and a dividend yield of 2.9%. This is an increase from T-Mobile US’s previous quarterly dividend of $1.02. The ex-dividend date is Wednesday, November 25th. T-Mobile US’s dividend payout ratio is currently 45.17%.
Insider Activity at T-Mobile US
In related news, CAO Daniel James Drobac sold 772 shares of the firm’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $178.33, for a total transaction of $137,670.76. Following the sale, the chief accounting officer directly owned 35,118 shares in the company, valued at $6,262,592.94. This trade represents a 2.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.32% of the stock is currently owned by insiders.
Hedge Funds Weigh In On T-Mobile US
A number of large investors have recently modified their holdings of TMUS. Main Street Group LTD bought a new position in shares of T-Mobile US in the 1st quarter valued at about $25,000. Paladin Partners LLC acquired a new position in shares of T-Mobile US during the 2nd quarter worth approximately $25,000. Sachetta LLC grew its position in T-Mobile US by 52.9% during the first quarter. Sachetta LLC now owns 159 shares of the Wireless communications provider’s stock worth $33,000 after buying an additional 55 shares in the last quarter. Dunhill Financial LLC bought a new position in shares of T-Mobile US in the second quarter worth $27,000. Finally, Cornerstone Planning Group LLC raised its position in shares of T-Mobile US by 112.2% in the 1st quarter. Cornerstone Planning Group LLC now owns 174 shares of the Wireless communications provider’s stock valued at $34,000 after buying an additional 92 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.
T-Mobile US News Summary
Here are the key news stories impacting T-Mobile US this week:
- Positive Sentiment: T-Mobile launched T-Mix customizable wireless plans and 5 Gig fiber service, with a 10-year price guarantee on the fiber offer. The products could help attract and retain customers and encourage bundled services, but their contribution to results remains to be seen. Article: T Mobile US Launches T Mix And 5 Gig Fiber
- Neutral Sentiment: Zacks highlighted TMUS as a value stock, while other coverage described it as a long-term growth stock. These are investment-style assessments rather than new company or earnings developments. Article: Here’s Why T-Mobile Is a Strong Value Stock
- Negative Sentiment: ETFs were net sellers of T-Mobile shares on Nov. 3, selling $24.5 million overall. The report noted that 32 funds bought shares and nine sold, so the flow data offers a limited signal rather than clear broad-based selling pressure. Article: ETFs Are Net Sellers of T-Mobile
About T-Mobile US
T-Mobile US, Inc is a wireless communications provider serving consumers, businesses and government customers in the United States. Its services include wireless voice, messaging and data, as well as broadband internet delivered over its wireless network.
The company offers service under the T-Mobile and Metro by T-Mobile brands. Its products and services include mobile plans, smartphones and other connected devices, home internet, and solutions for business customers.
T-Mobile traces its roots to VoiceStream Wireless, which Deutsche Telekom acquired in 2001.
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