T-Mobile Us Inc (NASDAQ:TMUS) Given Consensus Rating of “Buy” by Analysts

Shares of T-Mobile Us Inc (NASDAQ:TMUS) have been given a consensus rating of “Buy” by the seventeen ratings firms that are covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation, thirteen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $91.11.

TMUS has been the subject of a number of research reports. Royal Bank of Canada set a $87.00 target price on T-Mobile Us and gave the stock a “buy” rating in a report on Monday, August 5th. Raymond James upped their price target on T-Mobile Us from $86.00 to $94.00 and gave the stock a “strong-buy” rating in a report on Tuesday, August 6th. Nomura upped their price target on T-Mobile Us from $76.00 to $88.00 and gave the stock a “neutral” rating in a report on Monday, July 29th. BidaskClub upgraded T-Mobile Us from a “sell” rating to a “hold” rating in a report on Tuesday, August 20th. Finally, Barclays restated a “buy” rating and issued a $93.00 price target on shares of T-Mobile Us in a report on Monday, July 29th.

In other T-Mobile Us news, COO G Michael Sievert sold 9,324 shares of the company’s stock in a transaction that occurred on Tuesday, June 18th. The stock was sold at an average price of $75.50, for a total value of $703,962.00. Following the transaction, the chief operating officer now directly owns 533,965 shares of the company’s stock, valued at approximately $40,314,357.50. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.40% of the stock is owned by corporate insiders.



Several institutional investors and hedge funds have recently made changes to their positions in TMUS. BlackRock Inc. raised its position in shares of T-Mobile Us by 17.5% in the 2nd quarter. BlackRock Inc. now owns 17,733,859 shares of the Wireless communications provider’s stock valued at $1,314,789,000 after purchasing an additional 2,647,322 shares in the last quarter. FMR LLC raised its position in shares of T-Mobile Us by 11.9% in the 1st quarter. FMR LLC now owns 24,472,941 shares of the Wireless communications provider’s stock valued at $1,691,080,000 after purchasing an additional 2,601,725 shares in the last quarter. Nuveen Asset Management LLC acquired a new position in shares of T-Mobile Us in the 2nd quarter valued at approximately $177,428,000. FIL Ltd raised its position 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 valued at $457,701,000 after purchasing an additional 1,610,535 shares in the last quarter. Finally, Invesco Ltd. raised its position in shares of T-Mobile Us by 16.5% in the 2nd quarter. Invesco Ltd. now owns 9,195,199 shares of the Wireless communications provider’s stock valued at $681,731,000 after purchasing an additional 1,300,620 shares in the last quarter. 33.33% of the stock is currently owned by institutional investors.

Shares of NASDAQ:TMUS traded down $1.31 during trading on Friday, reaching $76.48. 2,199,196 shares of the stock were exchanged, compared to its average volume of 3,771,274. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.54 and a current ratio of 0.62. T-Mobile Us has a 12-month low of $59.96 and a 12-month high of $85.22. The firm has a market cap of $66.47 billion, a price-to-earnings ratio of 22.76, a price-to-earnings-growth ratio of 1.50 and a beta of 0.36. The firm’s 50-day moving average price is $78.43 and its 200 day moving average price is $74.55.

T-Mobile Us (NASDAQ:TMUS) last issued its earnings results on Thursday, July 25th. The Wireless communications provider reported $1.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.99 by $0.30. T-Mobile Us had a return on equity of 13.89% and a net margin of 7.40%. The business had revenue of $10.98 billion during the quarter, compared to analysts’ expectations of $11.14 billion. During the same quarter in the previous year, the business earned $0.92 EPS. The company’s revenue for the quarter was up 3.9% on a year-over-year basis. As a group, equities research analysts forecast that T-Mobile Us will post 4.18 EPS for the current year.

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 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.

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

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