UBS Group restated their buy rating on shares of T-Mobile Us (NASDAQ:TMUS) in a research report report published on Tuesday morning, www.boersen-zeitung.de reports.
A number of other research firms also recently weighed in on TMUS. BidaskClub upgraded shares of T-Mobile Us from a hold rating to a buy rating in a report on Friday, September 28th. KeyCorp set a $76.00 price target on shares of T-Mobile Us and gave the company a buy rating in a report on Thursday, September 13th. Zacks Investment Research upgraded shares of T-Mobile Us from a hold rating to a buy rating and set a $71.00 price target on the stock in a report on Saturday, January 5th. Raymond James reiterated a strong-buy rating and set a $85.00 price target on shares of T-Mobile Us in a report on Wednesday, December 19th. Finally, Nomura upped their price target on shares of T-Mobile Us from $68.00 to $72.00 and gave the company a neutral rating in a report on Wednesday, October 31st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of Buy and an average price target of $74.50.
Shares of T-Mobile Us stock traded up $0.08 during trading hours on Tuesday, reaching $68.04. The company’s stock had a trading volume of 22,997 shares, compared to its average volume of 3,951,178. T-Mobile Us has a one year low of $55.09 and a one year high of $70.94. The company has a quick ratio of 0.74, a current ratio of 0.85 and a debt-to-equity ratio of 1.20. The company has a market cap of $57.45 billion, a PE ratio of 29.70, a price-to-earnings-growth ratio of 2.86 and a beta of 0.42.
T-Mobile Us (NASDAQ:TMUS) last posted its earnings results on Tuesday, October 30th. The Wireless communications provider reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.08. T-Mobile Us had a net margin of 11.63% and a return on equity of 11.44%. The firm had revenue of $10.84 billion for the quarter, compared to the consensus estimate of $10.73 billion. During the same period in the previous year, the firm posted $0.63 EPS. The business’s quarterly revenue was up 8.2% on a year-over-year basis. As a group, sell-side analysts expect that T-Mobile Us will post 3.33 earnings per share for the current fiscal year.
In other T-Mobile Us news, COO G Michael Sievert sold 10,192 shares of the business’s stock in a transaction dated Tuesday, November 6th. The shares were sold at an average price of $69.08, for a total value of $704,063.36. Following the completion of the sale, the chief operating officer now directly owns 442,046 shares of the company’s stock, valued at approximately $30,536,537.68. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Thomas Christopher Keys sold 50,000 shares of the business’s stock in a transaction dated Wednesday, November 7th. The shares were sold at an average price of $70.23, for a total transaction of $3,511,500.00. Following the completion of the sale, the insider now directly owns 291,883 shares of the company’s stock, valued at $20,498,943.09. The disclosure for this sale can be found here. Over the last three months, insiders sold 62,192 shares of company stock valued at $4,355,583. 0.37% of the stock is owned by corporate insiders.
A number of institutional investors have recently added to or reduced their stakes in TMUS. Morgan Stanley boosted its position in T-Mobile Us by 44.5% in the 2nd quarter. Morgan Stanley now owns 5,782,115 shares of the Wireless communications provider’s stock valued at $345,483,000 after buying an additional 1,781,530 shares during the period. Marshall Wace LLP purchased a new stake in shares of T-Mobile Us in the 2nd quarter worth approximately $62,594,000. FIL Ltd lifted its position in shares of T-Mobile Us by 55.1% in the 3rd quarter. FIL Ltd now owns 2,827,397 shares of the Wireless communications provider’s stock worth $198,427,000 after purchasing an additional 1,004,239 shares during the period. AGF Investments Inc. lifted its position in shares of T-Mobile Us by 86.0% in the 3rd quarter. AGF Investments Inc. now owns 1,701,619 shares of the Wireless communications provider’s stock worth $119,420,000 after purchasing an additional 786,567 shares during the period. Finally, Odey Asset Management Group Ltd purchased a new stake in shares of T-Mobile Us in the 3rd quarter worth approximately $48,161,000. 32.83% of the stock is owned by institutional investors.
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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