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
T-Mobile US stock opened at $146.86 on Friday. The company has a market cap of $184.17 billion, a PE ratio of 107.20, a P/E/G ratio of 2.31 and a beta of 0.48. The company has a fifty day moving average price of $137.16 and a two-hundred day moving average price of $130.85. 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 has a 12 month low of $101.51 and a 12 month high of $147.68.
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 business had revenue of $19.70 billion during the quarter, compared to analyst estimates of $20.08 billion. T-Mobile US had a return on equity of 6.59% and a net margin of 2.14%. The business's revenue for the quarter was down 1.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.78 EPS. Research analysts expect that T-Mobile US will post 2.27 earnings per share for the current year.
Wall Street Analyst Weigh In
Several research firms have issued reports on TMUS. KeyCorp raised their price target on shares of T-Mobile US from $155.00 to $161.00 and gave the stock an "overweight" rating in a research note on Monday, July 11th. Deutsche Bank Aktiengesellschaft raised their price target on shares of T-Mobile US from $185.00 to $190.00 in a research note on Tuesday, July 19th. JPMorgan Chase & Co. set a $180.00 price target on shares of T-Mobile US in a research note on Wednesday, June 1st. Royal Bank of Canada raised their price target on shares of T-Mobile US from $152.00 to $158.00 in a research note on Thursday, July 14th. Finally, Scotiabank raised shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and raised their price target for the stock from $153.00 to $167.00 in a research note on Thursday, July 28th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $169.09.
Insider Activity
In other news, insider Neville R. Ray sold 50,000 shares of the business's stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of $145.21, for a total transaction of $7,260,500.00. Following the completion of the transaction, the insider now owns 363,902 shares of the company's stock, valued at $52,842,209.42. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, insider Neville R. Ray sold 50,000 shares of the business's stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of $145.21, for a total transaction of $7,260,500.00. Following the completion of the transaction, the insider now owns 363,902 shares of the company's stock, valued at $52,842,209.42. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Callie R. Field sold 6,944 shares of the business's stock in a transaction on Thursday, August 11th. The shares were sold at an average price of $144.00, for a total transaction of $999,936.00. Following the transaction, the insider now directly owns 91,427 shares of the company's stock, valued at approximately $13,165,488. The disclosure for this sale can be found here. Over the last quarter, insiders sold 101,846 shares of company stock valued at $14,808,930. 0.68% of the stock is currently owned by company insiders.
