T-Mobile US, Inc. (NASDAQ:TMUS) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• T-Mobile US, Inc. has received a consensus rating of “Moderate Buy” from twenty-five analysts, with an average 1-year price target of $256.31.
• Recent transactions include a significant sale of 69,840 shares by Director Telekom Ag Deutsche, valued at over $16.6 million, with insiders having sold a total of 1,764,850 shares in the last three months.
• The company reported earnings of $2.84 per share in its latest quarterly results, surpassing estimates and showing a revenue increase of 6.9% year-over-year.

Shares of T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the twenty-five analysts that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, twelve have given a hold recommendation, nine have issued a buy recommendation and three have issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $256.3095.

A number of equities analysts have issued reports on the company. Tigress Financial increased their price target on T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a report on Tuesday, April 29th. Redburn Atlantic raised shares of T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 target price on the stock in a research note on Monday, July 7th. Rothschild & Co Redburn raised shares of T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price target for the company in a research note on Monday, July 7th. Morgan Stanley increased their price objective on shares of T-Mobile US from $265.00 to $285.00 and gave the stock an "overweight" rating in a research report on Thursday, July 24th. Finally, Arete Research raised T-Mobile US to a "strong-buy" rating in a research report on Tuesday, July 8th.

Insider Activity

In related news, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction on Monday, July 7th. The stock was sold at an average price of $238.08, for a total transaction of $16,627,507.20. Following the sale, the director directly owned 647,660,844 shares in the company, valued at approximately $154,195,093,739.52. This trade represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold 1,764,850 shares of company stock valued at $410,591,012 over the last three months. Corporate insiders own 0.37% of the company's stock.

Hedge Funds Weigh In On T-Mobile US

Several institutional investors have recently added to or reduced their stakes in TMUS. CenterBook Partners LP bought a new position in shares of T-Mobile US during the 4th quarter valued at approximately $1,964,000. Scotia Capital Inc. grew its holdings in T-Mobile US by 15.4% during the fourth quarter. Scotia Capital Inc. now owns 34,811 shares of the Wireless communications provider's stock valued at $7,685,000 after purchasing an additional 4,657 shares during the period. Treasurer of the State of North Carolina increased its position in T-Mobile US by 0.7% in the fourth quarter. Treasurer of the State of North Carolina now owns 225,486 shares of the Wireless communications provider's stock worth $49,772,000 after buying an additional 1,460 shares during the last quarter. Covestor Ltd increased its position in T-Mobile US by 61.2% in the fourth quarter. Covestor Ltd now owns 498 shares of the Wireless communications provider's stock worth $110,000 after buying an additional 189 shares during the last quarter. Finally, Fortis Capital Advisors LLC raised its stake in shares of T-Mobile US by 73.1% in the fourth quarter. Fortis Capital Advisors LLC now owns 10,176 shares of the Wireless communications provider's stock valued at $2,246,000 after buying an additional 4,298 shares during the period. Institutional investors own 42.49% of the company's stock.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $242.93 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 1.33. T-Mobile US has a 12 month low of $190.00 and a 12 month high of $276.49. The business's 50-day moving average price is $234.79 and its 200-day moving average price is $245.96. The firm has a market capitalization of $273.40 billion, a price-to-earnings ratio of 22.92, a PEG ratio of 1.31 and a beta of 0.62.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.69 by $0.15. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The firm had revenue of $21.13 billion during the quarter, compared to analyst estimates of $20.99 billion. During the same quarter last year, the business earned $2.49 EPS. The company's revenue was up 6.9% compared to the same quarter last year. Equities research analysts forecast that T-Mobile US will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, August 29th will be issued a $0.88 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $3.52 annualized dividend and a dividend yield of 1.4%. T-Mobile US's dividend payout ratio is currently 33.21%.

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 customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.

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