$10.98 Billion in Sales Expected for T-Mobile Us Inc (TMUS) This Quarter

Wall Street analysts predict that T-Mobile Us Inc (NASDAQ:TMUS) will post sales of $10.98 billion for the current fiscal quarter, Zacks reports. Twelve analysts have made estimates for T-Mobile Us’ earnings, with the lowest sales estimate coming in at $10.59 billion and the highest estimate coming in at $11.33 billion. T-Mobile Us reported sales of $10.46 billion in the same quarter last year, which would suggest a positive year-over-year growth rate of 5%. The firm is scheduled to report its next earnings results on Tuesday, May 7th.

According to Zacks, analysts expect that T-Mobile Us will report full-year sales of $45.46 billion for the current financial year, with estimates ranging from $44.34 billion to $46.97 billion. For the next year, analysts expect that the firm will post sales of $47.73 billion, with estimates ranging from $46.45 billion to $49.91 billion. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that cover T-Mobile Us.

T-Mobile Us (NASDAQ:TMUS) last announced its earnings results on Thursday, February 7th. The Wireless communications provider reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.06. The firm had revenue of $11.45 billion during the quarter, compared to analyst estimates of $11.38 billion. T-Mobile Us had a return on equity of 12.12% and a net margin of 6.67%. The business’s revenue was up 6.4% compared to the same quarter last year. During the same period last year, the firm posted $3.11 EPS.

A number of analysts have commented on TMUS shares. BTIG Research upped their price target on T-Mobile Us to $91.00 and gave the stock a “buy” rating in a research report on Friday, January 18th. BidaskClub lowered T-Mobile Us from a “buy” rating to a “hold” rating in a research report on Wednesday, January 16th. HSBC reaffirmed a “buy” rating and set a $76.00 price objective on shares of T-Mobile Us in a research report on Monday, January 14th. Zacks Investment Research lowered T-Mobile Us from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 10th. Finally, Royal Bank of Canada reissued a “buy” rating and issued a $76.00 target price on shares of T-Mobile Us in a report on Thursday, February 7th. Three research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $78.29.

In other news, insider Thomas Christopher Keys sold 43,000 shares of the firm’s stock in a transaction on Friday, February 15th. The stock was sold at an average price of $70.71, for a total transaction of $3,040,530.00. Following the completion of the sale, the insider now directly owns 248,883 shares of the company’s stock, valued at approximately $17,598,516.93. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, COO G Michael Sievert sold 10,228 shares of the firm’s stock in a transaction dated Tuesday, January 15th. The stock was sold at an average price of $67.90, for a total value of $694,481.20. Following the completion of the transaction, the chief operating officer now owns 431,890 shares of the company’s stock, valued at approximately $29,325,331. The disclosure for this sale can be found here. Insiders have sold 55,478 shares of company stock valued at $3,891,431 in the last ninety days. 0.37% of the stock is currently owned by company insiders.

Several large investors have recently bought and sold shares of TMUS. CWM LLC increased its holdings in shares of T-Mobile Us by 440.3% in the 4th quarter. CWM LLC now owns 389 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 317 shares during the period. Financial Advocates Investment Management lifted its holdings in shares of T-Mobile Us by 42.0% in the 4th quarter. Financial Advocates Investment Management now owns 541 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 160 shares during the period. PRW Wealth Management LLC purchased a new position in shares of T-Mobile Us in the 4th quarter valued at about $34,000. Semmax Financial Advisors Inc. purchased a new stake in T-Mobile Us during the 4th quarter worth approximately $37,000. Finally, Rehmann Capital Advisory Group increased its stake in T-Mobile Us by 54.8% during the 4th quarter. Rehmann Capital Advisory Group now owns 641 shares of the Wireless communications provider’s stock worth $41,000 after buying an additional 227 shares in the last quarter. 33.16% of the stock is owned by institutional investors and hedge funds.

Shares of TMUS traded up $0.66 during mid-day trading on Friday, hitting $73.41. 4,537,119 shares of the company’s stock traded hands, compared to its average volume of 3,593,415. The stock has a market capitalization of $61.66 billion, a PE ratio of 21.85, a price-to-earnings-growth ratio of 3.06 and a beta of 0.42. T-Mobile Us has a 1 year low of $55.09 and a 1 year high of $73.08. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.70 and a current ratio of 0.81.

T-Mobile Us Company Profile

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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Earnings History and Estimates for T-Mobile Us (NASDAQ:TMUS)

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