T-Mobile Us Inc (NASDAQ:TMUS) has received a consensus rating of “Buy” from the seventeen research firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation, twelve have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $73.75.
TMUS has been the subject of a number of research analyst reports. BidaskClub upgraded T-Mobile Us from a “hold” rating to a “buy” rating in a report on Friday, September 28th. Guggenheim upped their price target on shares of T-Mobile Us from $80.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, September 27th. Nomura increased their price objective on T-Mobile Us from $68.00 to $72.00 and gave the company a “neutral” rating in a report on Wednesday, October 31st. Zacks Investment Research upgraded T-Mobile Us from a “hold” rating to a “buy” rating and set a $77.00 price objective for the company in a report on Monday, October 8th. Finally, Moffett Nathanson reaffirmed a “buy” rating on shares of T-Mobile Us in a research report on Wednesday, October 31st.
NASDAQ TMUS opened at $69.00 on Friday. The firm has a market capitalization of $57.45 billion, a PE ratio of 30.13, a PEG ratio of 2.86 and a beta of 0.42. T-Mobile Us has a 52 week low of $55.09 and a 52 week 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.
T-Mobile Us (NASDAQ:TMUS) last released its quarterly earnings results on Tuesday, October 30th. The Wireless communications provider reported $0.93 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.85 by $0.08. The firm had revenue of $10.84 billion for the quarter, compared to the consensus estimate of $10.73 billion. T-Mobile Us had a return on equity of 11.44% and a net margin of 11.63%. The company’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter last year, the business posted $0.63 EPS. As a group, equities research analysts expect that T-Mobile Us will post 3.33 EPS for the current year.
In other T-Mobile Us news, insider Thomas Christopher Keys sold 50,000 shares of the company’s stock in a transaction that occurred on 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO G Michael Sievert sold 10,192 shares of the company’s stock in a transaction that occurred on Tuesday, November 6th. The shares were sold at an average price of $69.08, for a total transaction of $704,063.36. Following the sale, the chief operating officer now directly owns 442,046 shares of the company’s stock, valued at $30,536,537.68. The disclosure for this sale can be found here. Insiders have sold 62,192 shares of company stock worth $4,355,583 in the last three months. 0.37% of the stock is currently owned by insiders.
Hedge funds and other institutional investors have recently made changes to their positions in the company. CENTRAL TRUST Co lifted its position in T-Mobile Us by 10.6% during the third quarter. CENTRAL TRUST Co now owns 51,954 shares of the Wireless communications provider’s stock valued at $3,646,000 after purchasing an additional 4,989 shares during the last quarter. Northern Trust Corp increased its position in T-Mobile Us by 2.5% during the 2nd quarter. Northern Trust Corp now owns 2,585,959 shares of the Wireless communications provider’s stock valued at $154,512,000 after purchasing an additional 62,311 shares during the period. Jefferies Group LLC increased its position in T-Mobile Us by 131.6% during the 3rd quarter. Jefferies Group LLC now owns 42,323 shares of the Wireless communications provider’s stock valued at $2,970,000 after purchasing an additional 176,262 shares during the period. Westpac Banking Corp grew its position in shares of T-Mobile Us by 4.4% in the 3rd quarter. Westpac Banking Corp now owns 24,493 shares of the Wireless communications provider’s stock worth $1,719,000 after buying an additional 1,037 shares during the last quarter. Finally, PointState Capital LP grew its position in shares of T-Mobile Us by 71.4% in the 3rd quarter. PointState Capital LP now owns 224,400 shares of the Wireless communications provider’s stock worth $15,748,000 after buying an additional 93,500 shares during the last quarter. 32.83% of the stock is owned by hedge funds and other 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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