T-Mobile US’s (TMUS) Neutral Rating Reiterated at Sanford C. Bernstein

Sanford C. Bernstein restated their neutral rating on shares of T-Mobile US (NASDAQ:TMUS) in a research report report published on Monday morning.

Several other research analysts have also issued reports on the stock. Morgan Stanley lowered their price target on shares of T-Mobile US from $260.00 to $230.00 and set an “overweight” rating for the company in a report on Tuesday, July 7th. Bank of America raised shares of T-Mobile US from a “neutral” rating to a “buy” rating and set a $220.00 price objective on the stock in a research note on Monday, July 6th. Wolfe Research reiterated a “peer perform” rating on shares of T-Mobile US in a research report on Friday, August 14th. Benchmark decreased their price objective on shares of T-Mobile US from $295.00 to $280.00 and set a “buy” rating for the company in a research report on Friday, July 24th. Finally, Wells Fargo & Company lowered their target price on shares of T-Mobile US from $170.00 to $169.00 and set an “equal weight” rating for the company in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $248.88.

T-Mobile US Stock Up 0.1%

Shares of TMUS opened at $163.08 on Monday. The stock has a fifty day moving average of $176.91 and a 200-day moving average of $186.50. T-Mobile US has a 52 week low of $161.14 and a 52 week high of $240.95. The stock has a market capitalization of $174.93 billion, a price-to-earnings ratio of 17.08, a PEG ratio of 1.03 and a beta of 0.34. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.83 and a current ratio of 0.92.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share for the quarter, beating the consensus estimate of $2.59 by $0.40. T-Mobile US had a return on equity of 20.16% and a net margin of 11.45%.The company had revenue of $22.79 billion during the quarter, compared to analysts’ expectations of $22.95 billion. During the same quarter in the prior year, the firm posted $2.84 earnings per share. The business’s quarterly revenue was up 7.9% on a year-over-year basis. As a group, sell-side analysts anticipate that T-Mobile US will post 11.02 earnings per share for the current fiscal 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 paid a $1.17 dividend. This represents a $4.68 annualized dividend and a yield of 2.9%. This is a boost from T-Mobile US’s previous quarterly dividend of $1.02. The ex-dividend date of this dividend is Wednesday, November 25th. T-Mobile US’s payout ratio is presently 42.72%.

Insider Activity

In other news, CAO Daniel James Drobac sold 772 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the chief accounting officer owned 35,118 shares of the company’s stock, valued at $6,262,592.94. This trade represents a 2.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.32% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Andra AP fonden increased its stake in T-Mobile US by 112.3% in the second quarter. Andra AP fonden now owns 35,349 shares of the Wireless communications provider’s stock valued at $5,929,000 after purchasing an additional 18,700 shares in the last quarter. Anchor Investment Management LLC grew its stake in shares of T-Mobile US by 8.7% in the 2nd quarter. Anchor Investment Management LLC now owns 5,415 shares of the Wireless communications provider’s stock valued at $908,000 after buying an additional 434 shares during the period. Talon Private Wealth LLC increased its position in T-Mobile US by 45.3% in the 2nd quarter. Talon Private Wealth LLC now owns 12,563 shares of the Wireless communications provider’s stock valued at $2,107,000 after buying an additional 3,917 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in T-Mobile US by 21.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 22,454 shares of the Wireless communications provider’s stock worth $3,766,000 after buying an additional 3,916 shares during the period. Finally, National Pension Service boosted its holdings in T-Mobile US by 2.3% in the second quarter. National Pension Service now owns 1,272,702 shares of the Wireless communications provider’s stock worth $213,470,000 after acquiring an additional 28,413 shares in the last quarter. 42.49% of the stock is owned by institutional investors.

T-Mobile US News Summary

Here are the key news stories impacting T-Mobile US this week:

• Positive Sentiment: Several valuation-focused reports describe TMUS as reasonably valued or attractive as a value and long-term growth stock, which could support investor interest after the recent pullback. Here’s Why T-Mobile Is a Strong Value Stock Why T-Mobile Is a Top Growth Stock for the Long Term
• Positive Sentiment: T-Mobile’s dividend reportedly rose 15%, adding to the shareholder-return case and potentially cushioning concerns about the stock’s recent weakness. T-Mobile US Stock Trades as Dividend Rises 15 Percent
• Positive Sentiment: New AI network-management tools, including AutoPilot and Dynamic CX, could improve network efficiency and customer experience. A vehicle booster designed to improve T-Mobile’s satellite texting also supports the company’s direct-to-device connectivity strategy. Can T-Mobile Turn AI Into a Growth Advantage? weBoost Launches Sky Vehicle Signal Booster
• Neutral Sentiment: Barclays cut its price target from $215 to $200 but maintained an Overweight rating. The reduced target signals more limited upside ahead of third-quarter earnings, although it still implies substantial potential appreciation from current levels. Barclays Adjusts Price Target on T-Mobile
• Neutral Sentiment: Bernstein reportedly assigned TMUS a Hold rating, reinforcing a cautious stance while investors assess dividend growth, earnings power and valuation. T-Mobile Gets a Hold from Bernstein
• Negative Sentiment: Barclays warned that potential earnings upside may be incremental and lowered its target, while Verizon’s new competing plan highlights intensifying wireless-price competition. TMUS Price Targets Cut Ahead of Q3 Verizon Takes on T-Mobile
• Negative Sentiment: T-Mobile’s latest increase to a monthly regulatory-programs and telecom-recovery fee may raise customer-bill concerns and create reputational or churn risks, particularly after a similar earlier increase. T-Mobile Raises Another Monthly Fee

About T-Mobile US

T-Mobile US, Inc is a wireless communications company that provides mobile voice, messaging, and data services to consumers, businesses, and government customers in the United States. Its offerings include wireless plans, smartphones, connected devices, accessories, and related services, supported by a nationwide cellular network.

The company also provides fixed wireless broadband and other internet services for households, as well as wireless connectivity, networking, and communications solutions for businesses and public-sector organizations.