Scotiabank Cuts T-Mobile US (NASDAQ:TMUS) Price Target to $263.00

Key Points

• Scotiabank lowered its price target on T‑Mobile from $266 to $263 while keeping a sector outperform rating, a level that implies roughly a 34% upside from recent prices and roughly matches the analyst consensus (~$260.75).
• T‑Mobile beat Q1 EPS estimates with 10.6% year‑over‑year revenue growth and raised guidance for postpaid/account additions, but operating profit and net income declined year‑over‑year and the company has seen notable insider selling recently.

T-Mobile US (NASDAQ:TMUS - Get Free Report) had its price objective dropped by equities researchers at Scotiabank from $266.00 to $263.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has a "sector outperform" rating on the Wireless communications provider's stock. Scotiabank's price objective points to a potential upside of 34.17% from the stock's previous close.

Several other brokerages have also weighed in on TMUS. Citigroup lifted their target price on shares of T-Mobile US from $220.00 to $225.00 and gave the company a "neutral" rating in a research report on Tuesday, March 17th. BNP Paribas Exane cut their price target on shares of T-Mobile US from $300.00 to $275.00 and set an "outperform" rating for the company in a research note on Friday, January 16th. Barclays reaffirmed a "buy" rating on shares of T-Mobile US in a report on Friday, April 24th. Royal Bank Of Canada lowered their price objective on T-Mobile US from $270.00 to $255.00 and set an "outperform" rating on the stock in a research note on Friday, January 16th. Finally, KeyCorp upgraded T-Mobile US from a "sector weight" rating to an "overweight" rating and set a $260.00 price objective for the company in a research note on Monday, April 13th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat.com, T-Mobile US presently has a consensus rating of "Moderate Buy" and an average target price of $260.75.

T-Mobile US Stock Performance

Shares of NASDAQ TMUS traded up $9.29 during mid-day trading on Wednesday, hitting $196.01. The company had a trading volume of 1,855,124 shares, compared to its average volume of 6,236,582. The business's 50-day simple moving average is $206.82 and its 200-day simple moving average is $205.52. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.00 and a quick ratio of 0.90. The firm has a market cap of $215.98 billion, a P/E ratio of 20.18, a PEG ratio of 1.19 and a beta of 0.43. T-Mobile US has a 12 month low of $181.36 and a 12 month high of $261.56.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The Wireless communications provider reported $2.27 EPS for the quarter, topping analysts' consensus estimates of $2.06 by $0.21. The company had revenue of $23.11 billion during the quarter, compared to the consensus estimate of $22.97 billion. T-Mobile US had a return on equity of 19.00% and a net margin of 12.45%.The company's quarterly revenue was up 10.6% on a year-over-year basis. During the same quarter last year, the company earned $2.58 EPS. As a group, analysts predict that T-Mobile US will post 10.52 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other T-Mobile US news, Director Srikant M. Datar sold 3,291 shares of the firm's stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $221.10, for a total transaction of $727,640.10. Following the transaction, the director owned 1,038 shares in the company, valued at approximately $229,501.80. This trade represents a 76.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Peter Osvaldik sold 27,000 shares of the company's stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $214.86, for a total value of $5,801,220.00. Following the completion of the sale, the chief financial officer directly owned 51,573 shares of the company's stock, valued at approximately $11,080,974.78. This trade represents a 34.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 694,134 shares of company stock valued at $150,847,799 over the last three months. 0.37% of the stock is owned by insiders.

Institutional Investors Weigh In On T-Mobile US

Several hedge funds have recently bought and sold shares of TMUS. Resonant Capital Advisors LLC grew its holdings in shares of T-Mobile US by 29.4% in the 1st quarter. Resonant Capital Advisors LLC now owns 2,664 shares of the Wireless communications provider's stock valued at $560,000 after buying an additional 606 shares during the period. United Asset Strategies Inc. raised its stake in T-Mobile US by 6.4% during the 1st quarter. United Asset Strategies Inc. now owns 27,969 shares of the Wireless communications provider's stock worth $5,874,000 after buying an additional 1,690 shares during the period. Shelton Wealth Management LLC lifted its holdings in T-Mobile US by 15.3% during the first quarter. Shelton Wealth Management LLC now owns 7,269 shares of the Wireless communications provider's stock worth $1,527,000 after acquiring an additional 962 shares in the last quarter. Kiley Juergens Wealth Management LLC acquired a new position in T-Mobile US in the first quarter valued at about $1,051,000. Finally, Canvas Wealth Advisors LLC grew its stake in T-Mobile US by 20.1% in the first quarter. Canvas Wealth Advisors LLC now owns 1,774 shares of the Wireless communications provider's stock valued at $373,000 after acquiring an additional 297 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting T-Mobile US

Here are the key news stories impacting T-Mobile US this week:

• Positive Sentiment: T-Mobile reported Q1 results that beat EPS expectations, showed solid revenue growth and raised guidance for postpaid/account additions — analysts and outlets are calling this an upbeat quarter that supports continued share gains. T-Mobile lifts annual forecast for account additions
• Positive Sentiment: T-Mobile announced strategic expansion in fiber via two 50/50 joint ventures (Oak Hill and Wren House) to enlarge its fiber footprint — a long-term revenue and broadband-subscriber growth play. T-Mobile Signs Joint Venture Deals
• Positive Sentiment: T-Mobile launched “SuperBroadband” for businesses combining its 5G network with Starlink satellite backup — a product that can accelerate enterprise wins and differentiate its broadband offering. T-Mobile Reinvents Business Internet
• Positive Sentiment: Oppenheimer upgraded TMUS from “market perform” to “outperform” and set a $260 price target — a high-profile upgrade that can attract buyer interest and validate upside vs. current levels. Oppenheimer upgrade reported on Benzinga
• Neutral Sentiment: Merger chatter persists: reports say Deutsche Telekom, which already owns a majority of TMUS, is contemplating a full takeover — a headline-driven theme that injects M&A speculation but carries execution, regulatory and timing uncertainty. Deutsche Telekom merger speculation
• Negative Sentiment: Drilldown on Q1 shows mixed fundamentals: while EPS beat, operating profit and net income declined year-over-year and some outlets flagged a revenue miss vs. higher estimates — these margin and cash metrics are reasons for caution. QuiverQuant Q1 earnings summary
• Negative Sentiment: Notable insider and large-holder selling activity was reported (significant sales by certain major holders and executives), which may concern investors about near-term shareholder liquidity and sentiment. Insider/holding activity via QuiverQuant

T-Mobile US Company Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.

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