Analysts Set T-Mobile US, Inc. (NASDAQ:TMUS) PT at $252.08

Shares of T-Mobile US, Inc. (NASDAQ:TMUS) have earned a consensus recommendation of “Moderate Buy” from the thirty brokerages that are covering the firm, MarketBeat Ratings reports. Eight research analysts have rated the stock with a hold recommendation, twenty-one have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $252.08.

TMUS has been the subject of several analyst reports. UBS Group dropped their target price on T-Mobile US from $255.00 to $235.00 and set a “buy” rating for the company in a report on Friday, July 24th. Bank of America raised T-Mobile US from a “neutral” rating to a “buy” rating and set a $220.00 price target on the stock in a research note on Monday, July 6th. Scotiabank lowered their price objective on T-Mobile US from $263.00 to $243.00 and set a “sector outperform” rating for the company in a research report on Wednesday, July 15th. Wolfe Research reissued a “peer perform” rating on shares of T-Mobile US in a research note on Friday, August 14th. Finally, Wall Street Zen upgraded shares of T-Mobile US from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd.

Institutional Investors Weigh In On T-Mobile US

Large investors have recently added to or reduced their stakes in the company. JDM Financial Group LLC grew its stake in shares of T-Mobile US by 114.0% in the fourth quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 65 shares during the last quarter. Main Street Group LTD purchased a new position in T-Mobile US during the 1st quarter valued at about $25,000. Paladin Partners LLC bought a new position in T-Mobile US during the 2nd quarter valued at approximately $25,000. Dunhill Financial LLC bought a new position in T-Mobile US during the 2nd quarter valued at approximately $27,000. Finally, Swiss RE Ltd. bought a new position in T-Mobile US during the 4th quarter valued at approximately $29,000. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Performance

T-Mobile US stock opened at $181.22 on Tuesday. The firm has a fifty day simple moving average of $181.54 and a two-hundred day simple moving average of $194.06. The company has a quick ratio of 0.83, a current ratio of 0.92 and a debt-to-equity ratio of 1.48. T-Mobile US has a twelve month low of $165.66 and a twelve month high of $261.25. The company has a market capitalization of $194.39 billion, a PE ratio of 18.98, a P/E/G ratio of 1.03 and a beta of 0.33.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.59 by $0.40. The firm had revenue of $22.79 billion for the quarter, compared to analysts’ expectations of $22.95 billion. T-Mobile US had a return on equity of 20.16% and a net margin of 11.45%.The company’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period last year, the firm earned $2.84 earnings per share. Research analysts expect that T-Mobile US will post 10.73 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 28th will be issued a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Friday, August 28th. T-Mobile US’s dividend payout ratio is currently 42.72%.

T-Mobile US Company Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.