T-Mobile US, Inc. (NASDAQ:TMUS) Receives Average Rating of “Moderate Buy” from Analysts

T-Mobile US, Inc. (NASDAQ:TMUS) has earned an average recommendation of “Moderate Buy” from the twenty-one research firms that are currently covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation, fifteen have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $247.58.

A number of analysts recently commented on the stock. Morgan Stanley began coverage on shares of T-Mobile US in a report on Monday, December 16th. They set an “overweight” rating and a $280.00 price objective on the stock. The Goldman Sachs Group boosted their price target on T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Royal Bank of Canada raised their price objective on T-Mobile US from $232.00 to $255.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. TD Cowen upped their target price on T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Finally, Tigress Financial raised their price target on T-Mobile US from $235.00 to $280.00 and gave the company a “buy” rating in a research report on Monday, December 2nd.

Insider Activity

In other T-Mobile US news, Director Letitia A. Long sold 1,100 shares of the stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $231.08, for a total transaction of $254,188.00. Following the transaction, the director now owns 5,653 shares of the company’s stock, valued at $1,306,295.24. This trade represents a 16.29 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Mark Wolfe Nelson sold 42,769 shares of the business’s stock in a transaction that occurred on Wednesday, October 16th. The shares were sold at an average price of $216.26, for a total value of $9,249,223.94. Following the completion of the sale, the executive vice president now owns 61,871 shares of the company’s stock, valued at $13,380,222.46. This trade represents a 40.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 206,969 shares of company stock valued at $46,656,527 in the last 90 days. 0.67% of the stock is currently owned by insiders.

Hedge Funds Weigh In On T-Mobile US

Hedge funds have recently added to or reduced their stakes in the business. Wellington Management Group LLP grew its position in shares of T-Mobile US by 4.0% during the 3rd quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock valued at $3,203,642,000 after buying an additional 602,786 shares during the last quarter. FMR LLC grew its holdings in shares of T-Mobile US by 13.4% during the third quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock valued at $2,660,758,000 after purchasing an additional 1,522,394 shares during the last quarter. Franklin Resources Inc. raised its position in shares of T-Mobile US by 9.9% during the 3rd quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock worth $1,448,426,000 after purchasing an additional 590,711 shares during the period. Legal & General Group Plc boosted its position in T-Mobile US by 6.8% during the 2nd quarter. Legal & General Group Plc now owns 4,751,007 shares of the Wireless communications provider’s stock valued at $837,032,000 after purchasing an additional 303,582 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in T-Mobile US by 4.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,459,130 shares of the Wireless communications provider’s stock worth $785,667,000 after buying an additional 184,059 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Price Performance

Shares of TMUS opened at $220.73 on Thursday. The firm has a market capitalization of $256.15 billion, a PE ratio of 25.17, a P/E/G ratio of 1.18 and a beta of 0.53. The stock’s 50 day moving average is $231.95 and its two-hundred day moving average is $207.31. T-Mobile US has a twelve month low of $158.84 and a twelve month high of $248.15. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, topping analysts’ consensus estimates of $2.32 by $0.29. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The firm had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. During the same quarter in the prior year, the company posted $1.82 earnings per share. T-Mobile US’s quarterly revenue was up 4.7% on a year-over-year basis. Research analysts anticipate that T-Mobile US will post 9.38 earnings per share for the current year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s payout ratio is 40.14%.

T-Mobile US Company Profile

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 customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.