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 Performance

Shares of NASDAQ:TMUS opened at $144.84 on Thursday. The company has a current ratio of 0.85, a quick ratio of 0.74 and a debt-to-equity ratio of 1.05. The company has a market capitalization of $181.64 billion, a P/E ratio of 105.72, a P/E/G ratio of 2.25 and a beta of 0.48. T-Mobile US has a 12 month low of $101.51 and a 12 month high of $147.68. The stock has a 50 day moving average of $135.77 and a 200-day moving average of $129.10.

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

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Cowen increased their target price on shares of T-Mobile US from $179.00 to $187.00 in a report on Thursday, July 28th. StockNews.com raised shares of T-Mobile US from a "sell" rating to a "hold" rating in a research note on Sunday, May 1st. Tigress Financial increased their price objective on shares of T-Mobile US from $185.00 to $195.00 in a research report on Friday, June 24th. Barclays set a $150.00 price objective on T-Mobile US in a research report on Thursday, July 7th. Finally, Citigroup raised their price target on shares of T-Mobile US from $156.00 to $160.00 and gave the stock a "buy" rating in a research note on Wednesday, July 20th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, T-Mobile US presently has an average rating of "Moderate Buy" and an average target price of $168.68.