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.

Analysts Set New Price Targets

TMUS has been the topic of several analyst reports. Raymond James lifted their price target on shares of T-Mobile US from $158.00 to $160.00 and gave the company a "strong-buy" rating in a report on Friday, July 1st. Citigroup increased their price target on shares of T-Mobile US from $156.00 to $160.00 and gave the stock a "buy" rating in a report on Wednesday, July 20th. Moffett Nathanson decreased their price objective on T-Mobile US to $165.00 in a report on Wednesday, May 25th. Benchmark lifted their price target on T-Mobile US from $200.00 to $205.00 in a report on Thursday, April 28th. Finally, StockNews.com raised T-Mobile US from a "sell" rating to a "hold" rating in a research report on Sunday, May 1st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $168.68.

T-Mobile US Stock Performance

Shares of NASDAQ:TMUS traded down $0.15 during mid-day trading on Monday, hitting $146.31. The company had a trading volume of 2,729 shares, compared to its average volume of 5,042,488. The stock has a market cap of $183.48 billion, a price-to-earnings ratio of 106.91, a PEG ratio of 2.31 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 company has a debt-to-equity ratio of 1.05, a current ratio of 0.85 and a quick ratio of 0.74. The firm's 50 day simple moving average is $136.32 and its two-hundred day simple moving average is $130.10.

T-Mobile US (NASDAQ:TMUS - Get Rating) last announced its earnings results on Wednesday, July 27th. The Wireless communications provider reported ($0.09) earnings per share 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 business had revenue of $19.70 billion for the quarter, compared to the consensus estimate of $20.08 billion. During the same period in the previous year, the firm earned $0.78 EPS. The firm's revenue was down 1.2% on a year-over-year basis. As a group, equities research analysts forecast that T-Mobile US will post 2.27 earnings per share for the current year.

Insider Activity

In related news, insider Neville R. Ray sold 50,000 shares of T-Mobile US stock in a transaction on Tuesday, August 9th. The stock was sold at an average price of $145.21, for a total value of $7,260,500.00. Following the transaction, the insider now directly owns 363,902 shares in the company, valued at approximately $52,842,209.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider Neville R. Ray sold 50,000 shares of T-Mobile US stock in a transaction on Tuesday, August 9th. The stock was sold at an average price of $145.21, for a total transaction of $7,260,500.00. Following the transaction, the insider now owns 363,902 shares in the company, valued at $52,842,209.42. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO G Michael Sievert sold 20,000 shares of T-Mobile US stock in a transaction on Wednesday, August 10th. The shares were 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 directly owns 634,472 shares of the company's stock, valued at approximately $93,216,626.24. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 93,000 shares of company stock worth $13,535,220. 0.68% of the stock is owned by company insiders.