Shares of T-Mobile US, Inc. (NASDAQ:TMUS – Get Rating) have earned a consensus recommendation of “Buy” from the twenty-two research firms that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, nine have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $163.11.
A number of research firms have recently weighed in on TMUS. JPMorgan Chase & Co. set a $175.00 target price on T-Mobile US in a research note on Thursday, February 3rd. TheStreet raised T-Mobile US from a “c+” rating to a “b-” rating in a research note on Thursday. Sanford C. Bernstein set a $162.00 target price on T-Mobile US in a research note on Monday, January 3rd. The Goldman Sachs Group set a $153.00 price target on T-Mobile US in a report on Thursday, February 3rd. Finally, Wells Fargo & Company upgraded T-Mobile US to a “neutral” rating in a report on Sunday, January 9th.
In other news, insider Neville R. Ray sold 120,000 shares of the stock in a transaction on Thursday, February 3rd. The stock was sold at an average price of $120.40, for a total transaction of $14,448,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.69% of the stock is owned by corporate insiders.
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Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Benjamin Edwards Inc. purchased a new stake in shares of T-Mobile US in the 3rd quarter worth $25,000. Key Financial Inc increased its stake in shares of T-Mobile US by 162.5% in the 3rd quarter. Key Financial Inc now owns 210 shares of the Wireless communications provider’s stock worth $27,000 after purchasing an additional 130 shares in the last quarter. Charter Oak Capital Management LLC purchased a new stake in shares of T-Mobile US in the 4th quarter worth $29,000. Wolff Wiese Magana LLC increased its stake in shares of T-Mobile US by 324.3% in the 4th quarter. Wolff Wiese Magana LLC now owns 297 shares of the Wireless communications provider’s stock worth $34,000 after purchasing an additional 227 shares in the last quarter. Finally, Moors & Cabot Inc. purchased a new stake in shares of T-Mobile US in the 3rd quarter worth $35,000. 43.87% of the stock is currently owned by hedge funds and other institutional investors.
Shares of TMUS stock opened at $123.23 on Monday. The company has a quick ratio of 0.78, a current ratio of 0.87 and a debt-to-equity ratio of 1.06. The business has a 50-day moving average price of $116.40 and a two-hundred day moving average price of $120.60. T-Mobile US has a 12-month low of $101.51 and a 12-month high of $150.20. The firm has a market cap of $153.95 billion, a P/E ratio of 46.15, a price-to-earnings-growth ratio of 7.33 and a beta of 0.53.
T-Mobile US (NASDAQ:TMUS – Get Rating) last released its earnings results on Wednesday, February 2nd. The Wireless communications provider reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.94. T-Mobile US had a return on equity of 6.15% and a net margin of 4.21%. The company had revenue of $20.79 billion during the quarter, compared to analyst estimates of $21.12 billion. During the same quarter in the previous year, the company posted $1.03 EPS. As a group, research analysts expect that T-Mobile US will post 2.23 EPS for the current fiscal year.
About T-Mobile US (Get Rating)
T-Mobile US, Inc engages in the provision of wireless communications services under the T-Mobile and MetroPCS brands. It offers postpaid and prepaid wireless voice, messaging and data services, and wholesale wireless services. The company was founded in 1994 and is headquartered in Bellevue, WA.
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