Oppenheimer Weighs in on T-Mobile Us Inc’s FY2019 Earnings (NASDAQ:TMUS)

T-Mobile Us Inc (NASDAQ:TMUS) – Research analysts at Oppenheimer boosted their FY2019 EPS estimates for T-Mobile Us in a research report issued on Tuesday, April 9th, according to Zacks Investment Research. Oppenheimer analyst T. Horan now expects that the Wireless communications provider will earn $4.13 per share for the year, up from their previous estimate of $4.08.

Several other brokerages have also recently issued reports on TMUS. Zacks Investment Research cut shares of T-Mobile Us from a “buy” rating to a “hold” rating in a report on Friday, April 12th. Nomura boosted their price objective on T-Mobile Us from $72.00 to $76.00 and gave the company a “neutral” rating in a research note on Friday, April 26th. BidaskClub upgraded T-Mobile Us from a “hold” rating to a “buy” rating in a research note on Wednesday, February 20th. KeyCorp boosted their price objective on T-Mobile Us from $76.00 to $88.00 and gave the company an “overweight” rating in a research note on Friday, April 26th. Finally, Argus reiterated a “buy” rating on shares of T-Mobile Us in a research note on Tuesday, February 19th. Four equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $80.15.

Shares of T-Mobile Us stock traded up $1.13 on Thursday, hitting $74.74. The stock had a trading volume of 2,588,720 shares, compared to its average volume of 3,435,999. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.56 and a current ratio of 0.66. T-Mobile Us has a one year low of $55.23 and a one year high of $74.78. The stock has a market capitalization of $63.85 billion, a price-to-earnings ratio of 22.24, a P/E/G ratio of 1.18 and a beta of 0.44.

T-Mobile Us (NASDAQ:TMUS) last announced its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.14. T-Mobile Us had a net margin of 7.11% and a return on equity of 13.05%. The company had revenue of $11.08 billion during the quarter, compared to the consensus estimate of $11 billion. During the same quarter last year, the firm posted $0.78 EPS. The company’s quarterly revenue was up 6.0% on a year-over-year basis.

In other news, insider Thomas Christopher Keys sold 43,000 shares of the firm’s stock in a transaction that occurred on Friday, February 15th. The shares were sold at an average price of $70.71, for a total value of $3,040,530.00. Following the transaction, the insider now owns 248,883 shares in the company, valued at $17,598,516.93. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO G Michael Sievert sold 4,766 shares of the firm’s stock in a transaction that occurred on Monday, March 18th. The stock was sold at an average price of $73.58, for a total transaction of $350,682.28. Following the completion of the transaction, the chief operating officer now owns 543,391 shares in the company, valued at approximately $39,982,709.78. The disclosure for this sale can be found here. 0.37% of the stock is currently owned by company insiders.

A number of large investors have recently added to or reduced their stakes in the stock. CWM LLC increased its stake in T-Mobile Us by 440.3% in the 4th quarter. CWM LLC now owns 389 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 317 shares in the last quarter. Financial Advocates Investment Management lifted its position in T-Mobile Us by 42.0% during the fourth quarter. Financial Advocates Investment Management now owns 541 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 160 shares during the last quarter. PRW Wealth Management LLC bought a new stake in T-Mobile Us during the fourth quarter valued at approximately $34,000. Semmax Financial Advisors Inc. bought a new stake in T-Mobile Us during the fourth quarter valued at approximately $37,000. Finally, Rehmann Capital Advisory Group lifted its holdings in shares of T-Mobile Us by 54.8% in the 4th quarter. Rehmann Capital Advisory Group now owns 641 shares of the Wireless communications provider’s stock worth $41,000 after acquiring an additional 227 shares during the last quarter. Institutional investors and hedge funds own 34.03% of the company’s stock.

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.

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Earnings History and Estimates for T-Mobile Us (NASDAQ:TMUS)

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