T-Mobile Us Inc (TMUS) Receives $71.84 Consensus Price Target from Brokerages
Shares of T-Mobile Us Inc (NASDAQ:TMUS) have been given an average rating of “Buy” by the twenty-four brokerages that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, fifteen have given a buy rating and three have given a strong buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $71.84.
Several analysts have recently commented on TMUS shares. Societe Generale reissued a “buy” rating and issued a $71.00 price objective on shares of T-Mobile Us in a research note on Thursday, August 2nd. Macquarie reissued a “buy” rating and issued a $74.00 price objective on shares of T-Mobile Us in a research note on Wednesday, June 6th. BidaskClub raised T-Mobile Us from a “hold” rating to a “buy” rating in a research note on Friday, June 22nd. Barclays downgraded T-Mobile Us to a “buy” rating in a research note on Tuesday, September 4th. Finally, KeyCorp set a $76.00 price objective on T-Mobile Us and gave the stock a “buy” rating in a research note on Thursday.
In related news, COO G Michael Sievert sold 10,622 shares of the stock in a transaction that occurred on Wednesday, September 5th. The stock was sold at an average price of $65.79, for a total transaction of $698,821.38. Following the completion of the sale, the chief operating officer now directly owns 452,478 shares of the company’s stock, valued at $29,768,527.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP David A. Miller sold 5,000 shares of the stock in a transaction that occurred on Monday, August 6th. The shares were sold at an average price of $65.00, for a total value of $325,000.00. Following the sale, the executive vice president now directly owns 122,523 shares of the company’s stock, valued at $7,963,995. The disclosure for this sale can be found here. Insiders have sold 95,660 shares of company stock valued at $6,186,665 over the last ninety days. 0.37% of the stock is currently owned by company insiders.
NASDAQ:TMUS traded down $0.11 on Friday, hitting $68.37. The stock had a trading volume of 109,161 shares, compared to its average volume of 2,225,317. The firm has a market cap of $57.54 billion, a P/E ratio of 29.70, a PEG ratio of 1.31 and a beta of 0.44. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.66 and a current ratio of 0.76. T-Mobile Us has a 52 week low of $54.60 and a 52 week high of $68.71.
T-Mobile Us (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, August 1st. The Wireless communications provider reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.06. The business had revenue of $10.57 billion for the quarter, compared to analyst estimates of $10.65 billion. T-Mobile Us had a return on equity of 10.87% and a net margin of 11.27%. The company’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.67 earnings per share. equities analysts forecast that T-Mobile Us will post 3.18 earnings per share for the current fiscal year.
T-Mobile Us Company Profile
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 72.6 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.
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