T-Mobile US, Inc. (NASDAQ:TMUS) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on T-Mobile US, with 21 buy ratings, eight holds and one strong buy among 30 analysts. The average 12-month price target is $252.08, although UBS and Benchmark recently lowered their targets.
• T-Mobile reported quarterly EPS of $2.99, beating the $2.59 consensus estimate, while revenue rose 7.9% year over year to $22.79 billion but fell slightly short of expectations.
• The stock opened at $180.12, down 1.4%, and the company announced a quarterly dividend of $1.02 per share, equivalent to an annualized $4.08 payout and a 2.3% yield.

Shares of T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) have been given an average rating of "Moderate Buy" by the thirty brokerages that are presently covering the firm, MarketBeat reports. Eight equities research analysts have rated the stock with a hold recommendation, twenty-one have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $252.08.

TMUS has been the subject of several research analyst reports. UBS Group reduced their price objective on shares of T-Mobile US from $255.00 to $235.00 and set a "buy" rating for the company in a report on Friday, July 24th. Benchmark lowered their target price on shares of T-Mobile US from $295.00 to $280.00 and set a "buy" rating on the stock in a research note on Friday, July 24th. Weiss Ratings downgraded shares of T-Mobile US from a "hold (c+)" rating to a "hold (c)" rating in a research report on Monday, June 15th. The Goldman Sachs Group restated a "buy" rating on shares of T-Mobile US in a research report on Wednesday, April 29th. Finally, Sanford C. Bernstein reaffirmed a "neutral" rating on shares of T-Mobile US in a research note on Wednesday, April 22nd.

Insiders Place Their Bets

In other T-Mobile US news, COO Jon Freier sold 4,799 shares of the company's stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $190.00, for a total value of $911,810.00. Following the completion of the sale, the chief operating officer directly owned 217,168 shares in the company, valued at $41,261,920. This represents a 2.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.32% of the stock is owned by company insiders.

Hedge Funds Weigh In On T-Mobile US

Several hedge funds have recently modified their holdings of the company. CYBER HORNET ETFs LLC boosted its stake in T-Mobile US by 3.8% during the third quarter. CYBER HORNET ETFs LLC now owns 1,319 shares of the Wireless communications provider's stock valued at $316,000 after buying an additional 48 shares in the last quarter. Meeder Asset Management Inc. raised its position in T-Mobile US by 16.2% in the fourth quarter. Meeder Asset Management Inc. now owns 351 shares of the Wireless communications provider's stock worth $71,000 after acquiring an additional 49 shares in the last quarter. Wellspring Financial Advisors LLC raised its position in T-Mobile US by 4.3% in the fourth quarter. Wellspring Financial Advisors LLC now owns 1,273 shares of the Wireless communications provider's stock worth $259,000 after acquiring an additional 52 shares in the last quarter. Essex Financial Services Inc. lifted its holdings in T-Mobile US by 3.5% in the 1st quarter. Essex Financial Services Inc. now owns 1,551 shares of the Wireless communications provider's stock valued at $326,000 after acquiring an additional 53 shares during the last quarter. Finally, Tcfg Wealth Management LLC lifted its holdings in T-Mobile US by 5.6% in the 3rd quarter. Tcfg Wealth Management LLC now owns 999 shares of the Wireless communications provider's stock valued at $239,000 after acquiring an additional 53 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Stock Down 1.4%

Shares of T-Mobile US stock opened at $180.12 on Tuesday. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.92 and a quick ratio of 0.83. T-Mobile US has a 1-year low of $165.66 and a 1-year high of $261.56. The business's fifty day moving average price is $181.63 and its two-hundred day moving average price is $194.24. The company has a market capitalization of $193.21 billion, a P/E ratio of 18.86, a PEG ratio of 1.03 and a beta of 0.33.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.40. The company had revenue of $22.79 billion during the quarter, compared to analysts' expectations of $22.95 billion. T-Mobile US had a return on equity of 20.16% and a net margin of 11.45%.The company's revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.84 earnings per share. As a group, research analysts forecast that T-Mobile US will post 10.73 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 28th will be issued a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $4.08 annualized dividend and a yield of 2.3%. T-Mobile US's payout ratio is presently 42.72%.

About T-Mobile US

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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