Shares of T-Mobile Us Inc (NASDAQ:TMUS) have received an average rating of “Buy” from the eighteen research firms that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, four have given a hold recommendation, eleven have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $92.09.
A number of research firms have recently weighed in on TMUS. Cowen cut their price target on T-Mobile Us from $93.00 to $87.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 29th. UBS Group reaffirmed a “buy” rating on shares of T-Mobile Us in a research note on Tuesday, November 19th. Barclays reaffirmed a “buy” rating and set a $88.00 price objective on shares of T-Mobile Us in a research note on Tuesday, October 29th. Oppenheimer reiterated a “market perform” rating on shares of T-Mobile Us in a report on Tuesday, August 27th. Finally, Sanford C. Bernstein assumed coverage on T-Mobile Us in a research note on Tuesday, October 15th. They issued an “outperform” rating and a $103.00 target price on the stock.
Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in T-Mobile Us by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 17,806,020 shares of the Wireless communications provider’s stock worth $1,320,138,000 after purchasing an additional 372,057 shares in the last quarter. BlackRock Inc. raised its position in T-Mobile Us by 17.5% in the 2nd quarter. BlackRock Inc. now owns 17,733,859 shares of the Wireless communications provider’s stock valued at $1,314,789,000 after buying an additional 2,647,322 shares during the last quarter. State Street Corp raised its position in T-Mobile Us by 89.8% in the 3rd quarter. State Street Corp now owns 14,471,279 shares of the Wireless communications provider’s stock valued at $1,139,903,000 after buying an additional 6,846,964 shares during the last quarter. Invesco Ltd. lifted its stake in T-Mobile Us by 16.5% in the 2nd quarter. Invesco Ltd. now owns 9,195,199 shares of the Wireless communications provider’s stock valued at $681,731,000 after acquiring an additional 1,300,620 shares in the last quarter. Finally, Maverick Capital Ltd. lifted its stake in T-Mobile Us by 11.2% in the 2nd quarter. Maverick Capital Ltd. now owns 3,817,999 shares of the Wireless communications provider’s stock valued at $283,066,000 after acquiring an additional 383,437 shares in the last quarter. 33.79% of the stock is owned by institutional investors.
Shares of TMUS traded down $0.56 on Tuesday, reaching $77.08. 17,653 shares of the company’s stock were exchanged, compared to its average volume of 2,748,989. The business has a 50 day moving average price of $80.01 and a two-hundred day moving average price of $78.13. T-Mobile Us has a 12 month low of $59.96 and a 12 month high of $85.22. The stock has a market capitalization of $67.21 billion, a P/E ratio of 22.94, a price-to-earnings-growth ratio of 1.42 and a beta of 0.39. The company has a current ratio of 0.66, a quick ratio of 0.59 and a debt-to-equity ratio of 1.41.
T-Mobile Us (NASDAQ:TMUS) last announced its quarterly earnings data on Monday, October 28th. The Wireless communications provider reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.05. T-Mobile Us had a net margin of 7.53% and a return on equity of 14.21%. The firm had revenue of $11.06 billion for the quarter, compared to analysts’ expectations of $11.33 billion. During the same period last year, the firm earned $0.93 earnings per share. The business’s revenue for the quarter was up 2.0% on a year-over-year basis. Equities research analysts predict that T-Mobile Us will post 4.46 EPS for the current year.
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 79.7 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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