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.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on TMUS shares. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of T-Mobile US from $185.00 to $190.00 in a report on Tuesday, July 19th. Raymond James upped 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 research note on Friday, July 1st. Morgan Stanley raised their price target on shares of T-Mobile US from $155.00 to $159.00 and gave the stock an "overweight" rating in a research report on Thursday, July 28th. Citigroup boosted their price target on T-Mobile US from $156.00 to $160.00 and gave the company a "buy" rating in a research note on Wednesday, July 20th. Finally, StockNews.com raised T-Mobile US from a "sell" rating to a "hold" rating in a report on Sunday, May 1st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $168.68.

T-Mobile US Stock Up 1.0 %

TMUS Stock traded up $1.39 during trading on Monday, reaching $145.95. The stock had a trading volume of 35,899 shares, compared to its average volume of 5,065,385. The company has a market capitalization of $183.03 billion, a price-to-earnings ratio of 105.52, a P/E/G ratio of 2.25 and a beta of 0.48. The company has a quick ratio of 0.74, a current ratio of 0.85 and a debt-to-equity ratio of 1.05. The company's 50 day moving average is $135.31 and its two-hundred day moving average is $128.68. T-Mobile US has a one year low of $101.51 and a one year high of $145.39.

T-Mobile US (NASDAQ:TMUS - Get Rating) last issued its quarterly earnings results 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 firm had revenue of $19.70 billion for the quarter, compared to analysts' expectations of $20.08 billion. T-Mobile US had a net margin of 2.14% and a return on equity of 6.59%. The firm's quarterly revenue was down 1.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.78 EPS. Equities research analysts forecast that T-Mobile US will post 2.29 EPS for the current year.

Insider Activity at T-Mobile US

In other T-Mobile US news, CEO G Michael Sievert sold 20,000 shares of T-Mobile US stock in a transaction that occurred on Wednesday, May 11th. The shares were sold at an average price of $121.99, for a total transaction of $2,439,800.00. Following the completion of the sale, the chief executive officer now directly owns 674,472 shares in the company, valued at $82,278,839.28. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.68% of the stock is owned by corporate insiders.