Analysts Set T-Mobile US, Inc. (NASDAQ:TMUS) Price Target at $257.68

Shares of T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) have been assigned an average rating of "Moderate Buy" from the twenty-three research firms that are currently covering the stock, Marketbeat reports. Ten analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $257.68.

A number of research firms have weighed in on TMUS. Wells Fargo & Company reissued an "equal weight" rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Hsbc Global Res cut shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 5th. Bank of America upped their price objective on shares of T-Mobile US from $240.00 to $255.00 and gave the company a "buy" rating in a research report on Thursday, January 30th. Benchmark reissued a "buy" rating and issued a $275.00 price objective on shares of T-Mobile US in a research report on Thursday, March 27th. Finally, UBS Group cut shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 21st.

Insider Buying and Selling

In related news, Director Srikant M. Datar sold 730 shares of the stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following the sale, the director now owns 3,291 shares in the company, valued at $865,533. This represents a 18.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.37% of the stock is owned by company insiders.

Institutional Investors Weigh In On T-Mobile US

Hedge funds have recently made changes to their positions in the business. Activest Wealth Management increased its stake in shares of T-Mobile US by 9,400.0% during the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider's stock valued at $25,000 after acquiring an additional 94 shares during the period. Godsey & Gibb Inc. grew its position in T-Mobile US by 139.5% during the 1st quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock worth $27,000 after purchasing an additional 60 shares in the last quarter. Rakuten Securities Inc. grew its position in T-Mobile US by 93.9% during the 4th quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock worth $28,000 after purchasing an additional 62 shares in the last quarter. CoreFirst Bank & Trust purchased a new position in T-Mobile US during the 4th quarter worth approximately $28,000. Finally, Financial Life Planners purchased a new position in T-Mobile US during the 4th quarter worth approximately $29,000. Institutional investors own 42.49% of the company's stock.

T-Mobile US Trading Down 0.7%

TMUS traded down $1.60 during trading on Friday, hitting $241.77. The company's stock had a trading volume of 984,237 shares, compared to its average volume of 4,233,789. The firm's 50 day moving average price is $251.72 and its 200-day moving average price is $243.82. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The stock has a market cap of $274.51 billion, a PE ratio of 25.01, a PEG ratio of 1.55 and a beta of 0.69. T-Mobile US has a twelve month low of $165.37 and a twelve month high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, topping analysts' consensus estimates of $2.48 by $0.10. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. The firm had revenue of $20.89 billion during the quarter, compared to analysts' expectations of $20.67 billion. During the same period in the prior year, the company earned $2.00 EPS. The firm's revenue was up 6.6% on a year-over-year basis. On average, analysts expect that T-Mobile US will post 10.37 earnings per share 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 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.