Analysts Set T-Mobile Us Inc (TMUS) PT at $73.75

Shares of T-Mobile Us Inc (NASDAQ:TMUS) have been given a consensus rating of “Buy” by the eighteen brokerages that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, twelve have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $74.60.

A number of research firms recently issued reports on TMUS. Macquarie restated a “buy” rating on shares of T-Mobile Us in a research report on Wednesday, November 21st. Nomura boosted their price objective on T-Mobile Us from $68.00 to $72.00 and gave the company a “neutral” rating in a research report on Wednesday, October 31st. UBS Group reiterated a “buy” rating on shares of T-Mobile Us in a research report on Tuesday, January 8th. BidaskClub upgraded T-Mobile Us from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, October 24th. Finally, Moffett Nathanson reiterated a “buy” rating on shares of T-Mobile Us in a research report on Wednesday, October 31st.

Shares of NASDAQ TMUS traded down $0.95 during trading on Friday, reaching $65.74. The stock had a trading volume of 250,858 shares, compared to its average volume of 4,016,944. T-Mobile Us has a one year low of $55.09 and a one year high of $70.94. The company has a current ratio of 0.85, a quick ratio of 0.74 and a debt-to-equity ratio of 1.20. The company has a market capitalization of $56.96 billion, a price-to-earnings ratio of 28.72, a price-to-earnings-growth ratio of 2.82 and a beta of 0.42.

T-Mobile Us (NASDAQ:TMUS) last issued its quarterly earnings results on Tuesday, October 30th. The Wireless communications provider reported $0.93 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.85 by $0.08. T-Mobile Us had a return on equity of 11.44% and a net margin of 11.63%. The business had revenue of $10.84 billion during the quarter, compared to the consensus estimate of $10.73 billion. During the same period in the previous year, the business earned $0.63 EPS. The business’s quarterly revenue was up 8.2% on a year-over-year basis. As a group, equities analysts predict that T-Mobile Us will post 3.33 earnings per share for the current year.

In other news, EVP David R. Carey sold 2,000 shares of the company’s stock in a transaction on Wednesday, November 7th. The stock was sold at an average price of $70.01, for a total value of $140,020.00. Following the completion of the sale, the executive vice president now owns 202,851 shares in the company, valued at $14,201,598.51. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, COO G Michael Sievert sold 10,192 shares of the company’s stock in a transaction on Tuesday, November 6th. The shares were sold at an average price of $69.08, for a total value of $704,063.36. Following the completion of the sale, the chief operating officer now owns 442,046 shares of the company’s stock, valued at approximately $30,536,537.68. The disclosure for this sale can be found here. In the last 90 days, insiders sold 72,420 shares of company stock valued at $5,050,065. Insiders own 0.37% of the company’s stock.

Several institutional investors have recently made changes to their positions in the company. Daiwa SB Investments Ltd. raised its position in shares of T-Mobile Us by 12.2% during the fourth quarter. Daiwa SB Investments Ltd. now owns 1,560 shares of the Wireless communications provider’s stock worth $99,000 after purchasing an additional 170 shares during the period. Zions Bancorporation acquired a new position in T-Mobile Us during the third quarter valued at $102,000. NEXT Financial Group Inc acquired a new position in T-Mobile Us during the third quarter valued at $105,000. Stratos Wealth Partners LTD. acquired a new position in T-Mobile Us during the third quarter valued at $111,000. Finally, Arrow Financial Corp acquired a new position in T-Mobile Us during the third quarter valued at $175,000. Institutional investors and hedge funds own 32.83% of the company’s stock.

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 72.6 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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Analyst Recommendations for T-Mobile Us (NASDAQ:TMUS)

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