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

T-Mobile Us Inc (NASDAQ:TMUS) has been given a consensus rating of “Buy” by the seventeen brokerages that are currently covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold recommendation, twelve have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $81.56.

TMUS has been the topic of a number of recent research reports. HSBC dropped their price objective on shares of Canada Goose from C$62.00 to C$55.00 and set a “buy” rating on the stock in a research note on Monday, June 3rd. KeyCorp increased their price objective on shares of T-Mobile Us from $76.00 to $88.00 and gave the company an “overweight” rating in a research note on Friday, April 26th. BidaskClub downgraded shares of Walgreens Boots Alliance from a “sell” rating to a “strong sell” rating in a research note on Monday, June 24th. Zacks Investment Research upgraded shares of GRIFOLS S A/S from a “sell” rating to a “hold” rating in a research note on Friday, April 12th. Finally, Nomura increased their price objective on shares of PROS from $45.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, April 26th.

TMUS stock traded up $1.19 during mid-day trading on Friday, reaching $79.45. The company had a trading volume of 63,065,493 shares, compared to its average volume of 3,924,963. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.66 and a quick ratio of 0.56. The stock has a market cap of $66.86 billion, a P/E ratio of 23.65, a PEG ratio of 1.47 and a beta of 0.37. The business has a 50 day moving average of $75.73. T-Mobile Us has a 12 month low of $57.89 and a 12 month high of $80.93.

T-Mobile Us (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $1.06 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate 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 firm had revenue of $11.08 billion for the quarter, compared to the consensus estimate of $11 billion. During the same period last year, the firm earned $0.78 earnings per share. The company’s quarterly revenue was up 6.0% on a year-over-year basis. Equities analysts anticipate that T-Mobile Us will post 4.09 EPS for the current fiscal year.

In related news, COO G Michael Sievert sold 9,324 shares of the stock in a transaction that occurred on Tuesday, June 18th. The shares were sold at an average price of $75.50, for a total transaction of $703,962.00. Following the completion of the sale, the chief operating officer now owns 533,965 shares of the company’s stock, valued at $40,314,357.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.40% of the company’s stock.

Large investors have recently bought and sold shares of the stock. Verde Servicos Internacionais S.A. lifted its position in T-Mobile Us by 11.3% during the first quarter. Verde Servicos Internacionais S.A. now owns 54,426 shares of the Wireless communications provider’s stock valued at $3,760,000 after acquiring an additional 5,540 shares during the last quarter. LMR Partners LLP purchased a new stake in T-Mobile Us during the fourth quarter valued at approximately $231,000. AO Asset Management LP raised its holdings in shares of T-Mobile Us by 5.5% in the first quarter. AO Asset Management LP now owns 1,020,400 shares of the Wireless communications provider’s stock worth $70,510,000 after buying an additional 53,400 shares during the last quarter. BB&T Corp raised its holdings in shares of T-Mobile Us by 14.5% in the first quarter. BB&T Corp now owns 103,266 shares of the Wireless communications provider’s stock worth $7,136,000 after buying an additional 13,116 shares during the last quarter. Finally, Tuttle Tactical Management purchased a new position in shares of T-Mobile Us in the first quarter worth $1,962,000. 32.64% of the stock is owned by institutional investors.

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 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.

Further Reading: Risk Tolerance

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

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