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 Analyst Weigh In

A number of analysts recently commented on TMUS shares. Tigress Financial lifted their price target on T-Mobile US from $185.00 to $195.00 in a report on Friday, June 24th. KeyCorp boosted their target price on T-Mobile US from $155.00 to $161.00 and gave the company an "overweight" rating in a research note on Monday, July 11th. Raymond James boosted their target price on 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. Moffett Nathanson lowered their target price on T-Mobile US to $165.00 in a research note on Wednesday, May 25th. Finally, Morgan Stanley boosted their target price on T-Mobile US from $155.00 to $159.00 and gave the company an "overweight" rating in a research note on Thursday, July 28th. One research 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's stock. According to data from MarketBeat.com, T-Mobile US presently has an average rating of "Moderate Buy" and a consensus price target of $168.68.

T-Mobile US Price Performance

T-Mobile US stock opened at $146.63 on Wednesday. T-Mobile US has a 52 week low of $101.51 and a 52 week high of $147.68. The business has a 50-day simple moving average of $136.68 and a 200 day simple moving average of $130.48. 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 stock has a market cap of $183.88 billion, a price-to-earnings ratio of 107.03, a PEG ratio of 2.31 and a beta of 0.48.

T-Mobile US (NASDAQ:TMUS - Get Rating) last posted its earnings results on Wednesday, July 27th. The Wireless communications provider reported ($0.09) EPS for the quarter, missing the consensus estimate of $0.41 by ($0.50). T-Mobile US had a return on equity of 6.59% and a net margin of 2.14%. The business had revenue of $19.70 billion for the quarter, compared to analysts' expectations of $20.08 billion. During the same quarter in the previous year, the firm earned $0.78 earnings per share. T-Mobile US's quarterly revenue was down 1.2% compared to the same quarter last year. On average, research analysts forecast that T-Mobile US will post 2.27 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO G Michael Sievert sold 20,000 shares of the business's stock in a transaction dated Wednesday, August 10th. The stock was sold at an average price of $146.92, for a total transaction of $2,938,400.00. Following the completion of the transaction, the chief executive officer now directly owns 634,472 shares in the company, valued at $93,216,626.24. The transaction was disclosed in a document filed with the SEC, which is available through this link. In related news, CEO G Michael Sievert sold 20,000 shares of the business's stock in a transaction dated Wednesday, August 10th. The stock was sold at an average price of $146.92, for a total transaction of $2,938,400.00. Following the completion of the transaction, the chief executive officer now directly owns 634,472 shares in the company, valued at $93,216,626.24. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CAO Dara Bazzano sold 1,902 shares of the company's stock in a transaction dated Thursday, August 11th. The stock was sold at an average price of $143.94, for a total value of $273,773.88. Following the completion of the transaction, the chief accounting officer now owns 11,251 shares of the company's stock, valued at $1,619,468.94. The disclosure for this sale can be found here. Insiders sold a total of 101,846 shares of company stock worth $14,808,930 over the last ninety days. 0.68% of the stock is owned by corporate insiders.