T-Mobile Us (NASDAQ:TMUS) Shares Gap Up to $78.63

Shares of T-Mobile Us Inc (NASDAQ:TMUS) gapped up prior to trading on Thursday . The stock had previously closed at $79.30, but opened at $78.63. T-Mobile Us shares last traded at $78.53, with a volume of 437,639 shares changing hands.

Several brokerages recently commented on TMUS. Nomura upped their target price on PROS from $45.00 to $55.00 and gave the company a “buy” rating in a report on Friday, April 26th. KeyCorp upped their target price on T-Mobile Us from $76.00 to $88.00 and gave the company an “overweight” rating in a report on Friday, April 26th. HSBC reduced their target price on Canada Goose from C$62.00 to C$55.00 and set a “buy” rating on the stock in a report on Monday, June 3rd. Zacks Investment Research upgraded GRIFOLS S A/S from a “sell” rating to a “hold” rating in a report on Friday, April 12th. Finally, BidaskClub cut Walgreens Boots Alliance from a “sell” rating to a “strong sell” rating in a report on Monday, June 24th. Four research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. T-Mobile Us has a consensus rating of “Buy” and a consensus price target of $81.73.

The business’s fifty day moving average is $75.66. The company has a market cap of $66.68 billion, a price-to-earnings ratio of 23.29, a P/E/G ratio of 1.44 and a beta of 0.37. The company has a quick ratio of 0.56, a current ratio of 0.66 and a debt-to-equity ratio of 1.44.



T-Mobile Us (NASDAQ:TMUS) last posted its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.14. The firm had revenue of $11.08 billion for the quarter, compared to analysts’ expectations of $11 billion. T-Mobile Us had a return on equity of 13.05% and a net margin of 7.11%. The company’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.78 EPS. As a group, equities analysts anticipate that T-Mobile Us Inc will post 4.08 earnings per share for the current fiscal year.

In other T-Mobile Us news, COO G Michael Sievert sold 9,324 shares of the stock in a transaction that occurred on Tuesday, June 18th. The stock was sold at an average price of $75.50, for a total transaction of $703,962.00. Following the transaction, the chief operating officer now directly owns 533,965 shares in the company, valued at approximately $40,314,357.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.40% of the stock is currently owned by corporate insiders.

Several institutional investors have recently bought and sold shares of the business. FMR LLC boosted its holdings in shares of T-Mobile Us by 11.9% during the 1st quarter. FMR LLC now owns 24,472,941 shares of the Wireless communications provider’s stock worth $1,691,080,000 after buying an additional 2,601,725 shares in the last quarter. BlackRock Inc. lifted its holdings in shares of T-Mobile Us by 3.6% in the 1st quarter. BlackRock Inc. now owns 15,086,537 shares of the Wireless communications provider’s stock worth $1,042,479,000 after purchasing an additional 524,246 shares in the last quarter. Norges Bank bought a new position in shares of T-Mobile Us in the 4th quarter worth $627,109,000. FIL Ltd lifted its holdings in shares of T-Mobile Us by 32.1% in the 1st quarter. FIL Ltd now owns 6,623,746 shares of the Wireless communications provider’s stock worth $457,701,000 after purchasing an additional 1,610,535 shares in the last quarter. Finally, Neuberger Berman Group LLC lifted its holdings in shares of T-Mobile Us by 16.9% in the 1st quarter. Neuberger Berman Group LLC now owns 6,423,089 shares of the Wireless communications provider’s stock worth $443,835,000 after purchasing an additional 927,635 shares in the last quarter. Hedge funds and other institutional investors own 32.64% of the company’s stock.

T-Mobile Us Company Profile (NASDAQ:TMUS)

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.

Further Reading: Fundamental Analysis and Individual Investors

Receive News & Ratings for T-Mobile Us Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile Us and related companies with MarketBeat.com's FREE daily email newsletter.