T-Mobile Us (TMUS) Upgraded at BidaskClub

BidaskClub upgraded shares of T-Mobile Us (NASDAQ:TMUS) from a buy rating to a strong-buy rating in a research note released on Wednesday morning.

A number of other research firms have also recently commented on TMUS. Guggenheim increased their price target on shares of T-Mobile Us from $80.00 to $85.00 and gave the company a buy rating in a report on Thursday, September 27th. Zacks Investment Research upgraded shares of T-Mobile Us from a hold rating to a buy rating and set a $77.00 price target on the stock in a report on Monday, October 8th. KeyCorp set a $76.00 price target on shares of T-Mobile Us and gave the company a buy rating in a report on Thursday, September 13th. ValuEngine upgraded shares of T-Mobile Us from a sell rating to a hold rating in a report on Tuesday, August 7th. Finally, Barclays cut shares of T-Mobile Us to a buy rating in a report on Tuesday, September 4th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, thirteen have issued a buy rating and four have given a strong buy rating to the stock. The company presently has a consensus rating of Buy and a consensus price target of $71.85.

Shares of NASDAQ:TMUS traded down $1.21 during trading on Wednesday, reaching $65.11. 7,108,826 shares of the stock traded hands, compared to its average volume of 3,815,835. T-Mobile Us has a 52-week low of $54.60 and a 52-week high of $70.94. The company has a quick ratio of 0.66, a current ratio of 0.76 and a debt-to-equity ratio of 1.25. The stock has a market cap of $56.19 billion, a price-to-earnings ratio of 28.43, a PEG ratio of 2.27 and a beta of 0.40.



T-Mobile Us (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, August 1st. The Wireless communications provider reported $0.92 EPS for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.06. T-Mobile Us had a net margin of 11.27% and a return on equity of 10.87%. The firm had revenue of $10.57 billion for the quarter, compared to analysts’ expectations of $10.65 billion. During the same quarter in the prior year, the company posted $0.67 earnings per share. The business’s revenue for the quarter was up 3.5% on a year-over-year basis. As a group, sell-side analysts anticipate that T-Mobile Us will post 3.21 earnings per share for the current year.

In related news, insider Thomas Christopher Keys sold 65,000 shares of the stock in a transaction that occurred on Tuesday, August 7th. The shares were sold at an average price of $65.63, for a total transaction of $4,265,950.00. Following the transaction, the insider now owns 381,883 shares in the company, valued at $25,062,981.29. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO J Braxton Carter II sold 15,000 shares of the stock in a transaction that occurred on Thursday, September 20th. The shares were sold at an average price of $68.93, for a total transaction of $1,033,950.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 102,622 shares of company stock worth $6,814,861. 0.37% of the stock is owned by insiders.

Institutional investors have recently modified their holdings of the stock. NEXT Financial Group Inc bought a new position in T-Mobile Us in the third quarter worth approximately $105,000. SeaCrest Wealth Management LLC raised its position in T-Mobile Us by 92.3% in the second quarter. SeaCrest Wealth Management LLC now owns 2,812 shares of the Wireless communications provider’s stock worth $168,000 after acquiring an additional 1,350 shares during the period. Arrow Financial Corp bought a new position in T-Mobile Us in the third quarter worth approximately $175,000. Jaffetilchin Investment Partners LLC bought a new position in T-Mobile Us in the third quarter worth approximately $203,000. Finally, Oakbrook Investments LLC bought a new position in T-Mobile Us in the third quarter worth approximately $204,000. Institutional investors own 32.87% 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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