T-Mobile US - TMUS Stock Forecast, Price & News

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 108.7 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, wearables, and tablets and other mobile communication devices, as well as wireless devices and accessories. In addition, the company offers services, devices, and accessories under the T-Mobile and Metro by T-Mobile brands through its owned and operated retail stores, T-Mobile app and customer care channels, and its websites. It also sells its devices to dealers and other third-party distributors for resale through independent third-party retail outlets and various third-party websites. As of December 31, 2021, it operated approximately 102,000 macro cell and 41,000 small cell/distributed antenna system sites. The company was founded in 1994 and is headquartered in Bellevue, Washington.

T-Mobile US Stock Up 2.0 %

Shares of TMUS traded up $2.85 during midday trading on Friday, hitting $146.46. The stock had a trading volume of 3,253,111 shares, compared to its average volume of 5,042,484. The company has a 50 day simple moving average of $136.13 and a two-hundred day simple moving average of $129.47. T-Mobile US has a twelve month low of $101.51 and a twelve month high of $147.68. The firm has a market cap of $183.67 billion, a price-to-earnings ratio of 105.64, a price-to-earnings-growth ratio of 2.26 and a beta of 0.48. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.85 and a quick ratio of 0.74.

T-Mobile US (NASDAQ:TMUS - Get Rating) last released its quarterly earnings results on Wednesday, July 27th. The Wireless communications provider reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.50). T-Mobile US had a net margin of 2.14% and a return on equity of 6.59%. The firm had revenue of $19.70 billion during the quarter, compared to analyst estimates of $20.08 billion. During the same period in the prior year, the business earned $0.78 EPS. The business's revenue for the quarter was down 1.2% compared to the same quarter last year. On average, analysts anticipate that T-Mobile US will post 2.29 EPS for the current year.

Analyst Ratings Changes

TMUS has been the subject of several research reports. JPMorgan Chase & Co. set a $180.00 target price on T-Mobile US in a research note on Wednesday, June 1st. Barclays set a $150.00 target price on T-Mobile US in a research note on Thursday, July 7th. Wolfe Research assumed coverage on T-Mobile US in a research report on Thursday, June 2nd. They issued an "outperform" rating and a $159.00 price target on the stock. Moffett Nathanson reduced their price target on T-Mobile US to $165.00 in a research report on Wednesday, May 25th. Finally, Benchmark raised their price target on T-Mobile US from $200.00 to $205.00 in a research report on Thursday, April 28th. One analyst has rated the stock with a sell rating, three have given a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $168.68.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction dated Wednesday, August 10th. The stock was sold at an average price of $145.00, for a total value of $145,000.00. Following the sale, the director now owns 4,980 shares of the company's stock, valued at approximately $722,100. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other T-Mobile US news, CEO G Michael Sievert sold 20,000 shares of T-Mobile US stock in a transaction dated Wednesday, August 10th. The stock was sold at an average price of $146.92, for a total value of $2,938,400.00. Following the sale, the chief executive officer now owns 634,472 shares of the company's stock, valued at approximately $93,216,626.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction dated Wednesday, August 10th. The shares were sold at an average price of $145.00, for a total value of $145,000.00. Following the completion of the sale, the director now directly owns 4,980 shares in the company, valued at approximately $722,100. The disclosure for this sale can be found here. Insiders have sold 93,000 shares of company stock valued at $13,535,220 in the last 90 days. 0.68% of the stock is currently owned by company insiders.