T-Mobile Us Inc (NASDAQ:TMUS) Receives Consensus Recommendation of “Buy” from Analysts

T-Mobile Us Inc (NASDAQ:TMUS) has been assigned an average rating of “Buy” from the seventeen ratings firms that are covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $91.11.

A number of research firms recently weighed in on TMUS. Raymond James increased their price target on T-Mobile Us from $86.00 to $94.00 and gave the company a “strong-buy” rating in a research report on Tuesday, August 6th. Nomura increased their price target on T-Mobile Us from $76.00 to $88.00 and gave the company a “neutral” rating in a research report on Monday, July 29th. Royal Bank of Canada set a $87.00 price target on T-Mobile Us and gave the company a “buy” rating in a research report on Monday, August 5th. BidaskClub upgraded T-Mobile Us from a “sell” rating to a “hold” rating in a research report on Tuesday, August 20th. Finally, UBS Group reiterated a “buy” rating and issued a $96.00 price target on shares of T-Mobile Us in a research report on Monday, July 29th.

Shares of NASDAQ:TMUS traded down $1.31 during midday trading on Friday, reaching $76.48. The company had a trading volume of 2,199,196 shares, compared to its average volume of 3,771,274. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.54 and a current ratio of 0.62. T-Mobile Us has a 1-year low of $59.96 and a 1-year high of $85.22. The firm has a market cap of $66.47 billion, a price-to-earnings ratio of 22.76, a price-to-earnings-growth ratio of 1.50 and a beta of 0.36. The company has a fifty day simple moving average of $78.43 and a two-hundred day simple moving average of $74.55.

T-Mobile Us (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, July 25th. The Wireless communications provider reported $1.29 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.99 by $0.30. T-Mobile Us had a return on equity of 13.89% and a net margin of 7.40%. The business had revenue of $10.98 billion during the quarter, compared to analyst estimates of $11.14 billion. During the same quarter last year, the company posted $0.92 EPS. T-Mobile Us’s revenue for the quarter was up 3.9% on a year-over-year basis. Analysts expect that T-Mobile Us will post 4.18 EPS for the current year.

In related news, COO G Michael Sievert sold 9,324 shares of the stock in a transaction dated Tuesday, June 18th. The stock was sold at an average price of $75.50, for a total value of $703,962.00. Following the completion of the sale, the chief operating officer now directly owns 533,965 shares of the company’s stock, valued at approximately $40,314,357.50. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.40% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently made changes to their positions in the stock. FMR LLC lifted its stake in T-Mobile Us by 11.9% in the 1st quarter. FMR LLC now owns 24,472,941 shares of the Wireless communications provider’s stock worth $1,691,080,000 after acquiring an additional 2,601,725 shares in the last quarter. Vanguard Group Inc. lifted its stake in T-Mobile Us by 2.1% in the 2nd quarter. Vanguard Group Inc. now owns 17,806,020 shares of the Wireless communications provider’s stock worth $1,320,138,000 after acquiring an additional 372,057 shares in the last quarter. BlackRock Inc. lifted its stake in T-Mobile Us by 17.5% in the 2nd quarter. BlackRock Inc. now owns 17,733,859 shares of the Wireless communications provider’s stock worth $1,314,789,000 after acquiring an additional 2,647,322 shares in the last quarter. Invesco Ltd. lifted its stake in T-Mobile Us by 16.5% in the 2nd quarter. Invesco Ltd. now owns 9,195,199 shares of the Wireless communications provider’s stock worth $681,731,000 after acquiring an additional 1,300,620 shares in the last quarter. Finally, FIL Ltd lifted its stake in T-Mobile Us by 32.1% in the 1st quarter. FIL Ltd now owns 6,623,746 shares of the Wireless communications provider’s stock worth $457,701,000 after acquiring an additional 1,610,535 shares in the last quarter. 33.33% of the stock is owned by hedge funds and other institutional investors.

About T-Mobile Us

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 79.7 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.

Featured Story: Fibonacci Channel

Analyst Recommendations for T-Mobile Us (NASDAQ:TMUS)

Receive News & Ratings for T-Mobile Us Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile Us and related companies with MarketBeat.com's FREE daily email newsletter.