T-Mobile Us (NASDAQ:TMUS) Earns “Outperform” Rating from William Blair

William Blair reissued their outperform rating on shares of T-Mobile Us (NASDAQ:TMUS) in a research report released on Monday, RTT News reports. William Blair also issued estimates for T-Mobile Us’ Q3 2019 earnings at $1.05 EPS, Q4 2019 earnings at $0.91 EPS, FY2019 earnings at $4.42 EPS and FY2020 earnings at $4.55 EPS.

TMUS has been the topic of several other reports. Zacks Investment Research lowered shares of T-Mobile Us from a buy rating to a hold rating in a report on Friday, April 12th. BidaskClub lowered shares of T-Mobile Us from a buy rating to a hold rating in a report on Monday, June 24th. Nomura boosted their price objective on shares of T-Mobile Us from $72.00 to $76.00 and gave the company a neutral rating in a report on Friday, April 26th. KeyCorp boosted their price objective on shares of T-Mobile Us from $76.00 to $88.00 and gave the company an overweight rating in a report on Friday, April 26th. Finally, ValuEngine upgraded shares of T-Mobile Us from a hold rating to a buy rating in a report on Saturday, July 27th. Three investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of Buy and a consensus price target of $86.33.

Shares of TMUS opened at $79.31 on Monday. The stock has a market cap of $68.23 billion, a price-to-earnings ratio of 23.60, a P/E/G ratio of 1.53 and a beta of 0.37. T-Mobile Us has a 12-month low of $59.96 and a 12-month high of $85.22. The firm has a 50-day moving average of $77.39. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.56 and a current ratio of 0.62.

T-Mobile Us (NASDAQ:TMUS) last issued its quarterly earnings data on Thursday, July 25th. The Wireless communications provider reported $1.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.30. The firm had revenue of $10.98 billion for the quarter, compared to analyst estimates of $11.14 billion. T-Mobile Us had a net margin of 7.40% and a return on equity of 13.89%. T-Mobile Us’s revenue was up 3.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.92 EPS. As a group, research analysts anticipate that T-Mobile Us will post 4.16 earnings per share for the current year.

In other T-Mobile Us news, COO G Michael Sievert sold 9,324 shares of the business’s stock in a transaction dated Tuesday, June 18th. The shares were sold at an average price of $75.50, for a total transaction of $703,962.00. Following the sale, the chief operating officer now directly owns 533,965 shares in the company, valued at $40,314,357.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.40% of the stock is owned by corporate insiders.

Several institutional investors have recently made changes to their positions in TMUS. Financial Advocates Investment Management grew its position in shares of 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 worth $25,000 after buying an additional 160 shares in the last quarter. Sandy Spring Bank acquired a new position in shares of T-Mobile Us during the first quarter worth about $30,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of T-Mobile Us during the first quarter worth about $45,000. Bremer Bank National Association acquired a new position in shares of T-Mobile Us during the first quarter worth about $51,000. Finally, Coastal Capital Group Inc. acquired a new position in shares of T-Mobile Us during the second quarter worth about $53,000. 32.55% of the stock is owned by institutional investors and hedge funds.

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

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