T-Mobile US, Inc. (NASDAQ:TMUS – Get Rating) has received an average recommendation of “Moderate Buy” from the twenty rating firms covering the company, reports Marketbeat.com. Three investment analysts have rated the stock with a hold rating, six with a buy rating and one with a strong buy rating. The average 12-month target price among brokers who have issued reports on the stock over the past year is $180.88.
A number of equity analysts have rated the stock. Cowen lowered its target price on T-Mobile US shares to $199.00 from $201.00 and gave the company a “Outperform” rating in a research note on Thursday, February 2nd. Goldman Sachs Group posted a price target of $180.00 for shares of T-Mobile US in a research report on Tuesday, January 10th. Cowen raised his price target on T-Mobile US to $201.00 from $187.00 in a research report on Friday, October 28. KeyCorp lowered its target price on T-Mobile US to $163.00 from $165.00 and gave the company an overweight rating in a research report on Thursday, February 2nd. Finally, the Royal Bank of Canada raised its target price on T-Mobile US to $172.00 in a research note on Wednesday, February 1st.
T-Mobile US shares up 1.8%
NASDAQ TMUS opened at $149.35 on Monday. The stock’s 50-day simple moving average is $144.56 and its 200-day simple moving average is $143.87. T-Mobile US has a yearly low of $116.91 and a yearly high of $154.38. The company has a market cap of $182.11 billion, a P/E of 72.50, a price-to-earnings-to-growth ratio of 0.71 and a beta of 0.56. The company has a gearing ratio of 1.04, a current ratio of 0.77 and a quick ratio of 0.69.
T-Mobile US (NASDAQ:TMUS – Get Rating) last announced earnings results on Wednesday, February 1st. The wireless carrier reported earnings per share of $1.18 for the quarter, beating analysts’ consensus estimate of $1.10 by $0.08. T-Mobile US had a return on equity of 6.43% and a net margin of 3.26%. The company had revenue of $20.27 billion in the quarter, compared to analyst estimates of $20.66 billion. For the same period last year, the company posted earnings per share of $1.10. The company’s quarterly revenue declined 2.5% compared to the prior-year quarter. As a group, sell-side analysts are forecasting that T-Mobile US will report earnings per share of 6.67 for the current fiscal year.
Insider buying and selling at T-Mobile US
In related news, insider Callie R. Field sold 5,381 shares of the company’s stock in a transaction on Thursday, February 16. The stock sold at an average price of $145.59 for a total transaction of $783,419.79. Following the sale, the insider now owns 112,761 shares of the company’s stock valued at approximately $16,416,873.99. The sale was disclosed in a document filed with the Securities & Exchange Commission, available at this link. In related news, insider Callie R. Field sold 5,381 shares of the stock in a transaction that took place on Thursday, February 16. The stock sold at an average price of $145.59 for a total transaction of $783,419.79. Following the closing of the sale, the insider now directly owns 112,761 shares of the company’s stock valued at approximately $16,416,873.99. The transaction was disclosed in a document filed with the SEC, which is available through the SEC’s website. In addition, Director Teresa Taylor sold 11,000 shares of the company’s stock in a transaction that took place on Wednesday, February 15th. The stock sold at an average price of $147.63 for a total transaction of $1,623,930.00. Following the sale, the Director now owns 23,202 shares of the Company, valued at $3,425,311.26. The disclosure for this sale can be found here. Insiders own 0.68% of the company’s shares.
Hedge funds rely on T-Mobile US
Institutional investors and hedge funds have recently added to or reduced their holdings in the stock. Syverson Strege & Co acquired a new position in T-Mobile US valued at $27,000 during the second quarter. Householder Group Estate & Retirement Specialist LLC purchased a new position in T-Mobile US stock valued at approximately $27,000 during the third quarter. Evermay Wealth Management LLC increased its position in T-Mobile US stock by 103.9% in the third quarter. Evermay Wealth Management LLC now owns 208 shares of the $28,000 wireless communications provider after purchasing an additional 106 shares last quarter. Phocas Financial Corp. acquired a new position in T-Mobile US valued at approximately $28,000 during the fourth quarter. Finally, Winch Advisory Services LLC increased its stake in T-Mobile US by 215.4% in the fourth quarter. Winch Advisory Services LLC now owns 205 shares of the wireless communications provider, valued at $29,000, after purchasing an additional 140 shares last quarter. 42.86% of the shares are owned by institutional investors and hedge funds.
T-Mobile US Company Profile (Get Rating)
T-Mobile US, Inc provides wireless communication services under the T-Mobile and MetroPCS brands. It offers wireless postpaid and prepaid voice, messaging and data services, as well as wireless wholesale services. The company was founded in 1994 and is headquartered in Bellevue, WA.
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