Shares of T-Mobile US, Inc. (NASDAQ:TMUS) have received an average recommendation of “Buy” from the thirty-one analysts that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, six have given a hold recommendation, nineteen have assigned a buy recommendation and four have assigned a strong buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $71.34.
A number of brokerages recently commented on TMUS. Guggenheim began coverage on shares of T-Mobile US in a research note on Tuesday, March 13th. They issued a “buy” rating and a $80.00 price objective on the stock. BidaskClub raised shares of T-Mobile US from a “sell” rating to a “hold” rating in a research note on Saturday, March 3rd. ValuEngine cut shares of T-Mobile US from a “hold” rating to a “sell” rating in a research note on Thursday, March 1st. Raymond James Financial raised shares of T-Mobile US from an “outperform” rating to a “strong-buy” rating in a research note on Friday, February 9th. Finally, UBS raised shares of T-Mobile US from an “outperform” rating to a “strong-buy” rating in a research note on Friday, February 9th.
In related news, EVP David A. Miller sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $62.78, for a total value of $941,700.00. Following the sale, the executive vice president now directly owns 104,448 shares of the company’s stock, valued at $6,557,245.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Thomas Christopher Keys sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, March 9th. The stock was sold at an average price of $65.50, for a total transaction of $1,637,500.00. Following the completion of the sale, the insider now directly owns 406,883 shares in the company, valued at $26,650,836.50. The disclosure for this sale can be found here. Over the last three months, insiders purchased 1,840,000 shares of company stock worth $110,974,950 and sold 113,872 shares worth $7,300,318. 0.29% of the stock is currently owned by company insiders.
Shares of T-Mobile US (NASDAQ TMUS) opened at $64.76 on Friday. The company has a market cap of $55,332.82, a PE ratio of 12.43, a P/E/G ratio of 0.85 and a beta of 0.46. T-Mobile US has a 12 month low of $54.60 and a 12 month high of $68.88. The company has a quick ratio of 0.64, a current ratio of 0.77 and a debt-to-equity ratio of 1.30.
T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Thursday, February 8th. The Wireless communications provider reported $0.48 EPS for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.11. The firm had revenue of $10.76 billion for the quarter, compared to analysts’ expectations of $10.84 billion. T-Mobile US had a net margin of 11.19% and a return on equity of 9.60%. The firm’s revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.45 EPS. equities analysts anticipate that T-Mobile US will post 3.4 earnings per share for the current year.
T-Mobile US announced that its board has initiated a stock buyback program on Wednesday, December 6th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the Wireless communications provider to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company’s board believes its shares are undervalued.
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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 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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