ValuEngine Lowers T-Mobile Us (NASDAQ:TMUS) to Sell

ValuEngine downgraded shares of T-Mobile Us (NASDAQ:TMUS) from a hold rating to a sell rating in a research note issued to investors on Wednesday, ValuEngine reports.

Several other brokerages have also issued reports on TMUS. BidaskClub lowered shares of T-Mobile Us from a hold rating to a sell rating in a report on Friday, September 6th. Nomura boosted their price target on shares of T-Mobile Us from $76.00 to $88.00 and gave the company a neutral rating in a report on Monday, July 29th. Royal Bank of Canada set a $87.00 price target on shares of T-Mobile Us and gave the company a buy rating in a report on Monday, August 5th. Barclays reissued a buy rating and issued a $93.00 price target on shares of T-Mobile Us in a report on Monday, July 29th. Finally, UBS Group reissued a buy rating and issued a $96.00 price target on shares of T-Mobile Us in a report on Monday, July 29th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. T-Mobile Us currently has a consensus rating of Buy and a consensus target price of $90.00.

TMUS stock traded up $0.96 on Wednesday, reaching $77.99. 1,536,602 shares of the company were exchanged, compared to its average volume of 3,906,283. T-Mobile Us has a 12 month low of $59.96 and a 12 month high of $85.22. The stock’s fifty day moving average price is $78.37 and its 200 day moving average price is $76.04. The firm has a market capitalization of $66.64 billion, a PE ratio of 23.21, a PEG ratio of 1.44 and a beta of 0.41. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.62 and a quick ratio of 0.54.

T-Mobile Us (NASDAQ:TMUS) last announced its quarterly earnings results on Thursday, July 25th. The Wireless communications provider reported $1.29 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.99 by $0.30. The firm had revenue of $10.98 billion for the quarter, compared to analyst estimates of $11.14 billion. T-Mobile Us had a net margin of 7.40% and a return on equity of 13.89%. The business’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.92 EPS. As a group, research analysts expect that T-Mobile Us will post 4.38 EPS for the current fiscal year.

Several large investors have recently modified their holdings of TMUS. Buckingham Capital Management Inc. boosted its stake in shares of T-Mobile Us by 19.7% in the 1st quarter. Buckingham Capital Management Inc. now owns 19,148 shares of the Wireless communications provider’s stock valued at $1,323,000 after purchasing an additional 3,147 shares in the last quarter. US Bancorp DE boosted its stake in shares of T-Mobile Us by 8.0% in the 1st quarter. US Bancorp DE now owns 10,764 shares of the Wireless communications provider’s stock valued at $743,000 after purchasing an additional 793 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in shares of T-Mobile Us by 4.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 6,521 shares of the Wireless communications provider’s stock valued at $451,000 after purchasing an additional 305 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of T-Mobile Us by 31.3% in the 1st quarter. First Trust Advisors LP now owns 686,112 shares of the Wireless communications provider’s stock valued at $47,410,000 after purchasing an additional 163,517 shares in the last quarter. Finally, Advisor Group Inc. boosted its stake in shares of T-Mobile Us by 16.1% in the 1st quarter. Advisor Group Inc. now owns 14,557 shares of the Wireless communications provider’s stock valued at $1,006,000 after purchasing an additional 2,017 shares in the last quarter. Institutional investors own 33.06% 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 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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