Recent Analysts’ Ratings Changes for T-Mobile Us (TMUS)

A number of research firms have changed their ratings and price targets for T-Mobile Us (NASDAQ: TMUS):

3/8/2019 – T-Mobile Us was given a new $80.00 price target on by analysts at HSBC Holdings plc. They now have a “buy” rating on the stock. 3/6/2019 – T-Mobile Us was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating. 2/20/2019 – T-Mobile Us was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating. 2/19/2019 – T-Mobile Us had its “buy” rating reaffirmed by analysts at Argus. 2/7/2019 – T-Mobile Us had its “buy” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $76.00 price target on the stock. 1/18/2019 – T-Mobile Us had its price target raised by analysts at BTIG Research to $91.00. They now have a “buy” rating on the stock. 1/16/2019 – T-Mobile Us was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating. 1/16/2019 – T-Mobile Us had its “buy” rating reaffirmed by analysts at UBS Group AG. They now have a $80.00 price target on the stock. 1/14/2019 – T-Mobile Us had its “buy” rating reaffirmed by analysts at HSBC Holdings plc. They now have a $76.00 price target on the stock.

TMUS stock opened at $71.47 on Tuesday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.70 and a current ratio of 0.81. T-Mobile Us Inc has a fifty-two week low of $55.09 and a fifty-two week high of $74.06. The company has a market cap of $60.19 billion, a P/E ratio of 21.27, a PEG ratio of 3.08 and a beta of 0.42.

Get T-Mobile Us Inc alerts:

T-Mobile Us (NASDAQ:TMUS) last released its earnings results on Thursday, February 7th. The Wireless communications provider reported $0.75 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.69 by $0.06. T-Mobile Us had a net margin of 6.67% and a return on equity of 12.12%. The firm had revenue of $11.45 billion for the quarter, compared to analyst estimates of $11.38 billion. During the same period in the prior year, the firm earned $3.11 earnings per share. The business’s quarterly revenue was up 6.4% compared to the same quarter last year. Analysts anticipate that T-Mobile Us Inc will post 3.98 EPS for the current year.

In related news, insider Thomas Christopher Keys sold 43,000 shares of the company’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 transaction of $3,040,530.00. Following the sale, the insider now directly owns 248,883 shares in the company, valued at $17,598,516.93. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO G Michael Sievert sold 10,228 shares of the company’s stock in a transaction that occurred on Tuesday, January 15th. The stock was sold at an average price of $67.90, for a total transaction of $694,481.20. Following the sale, the chief operating officer now owns 431,890 shares in the company, valued at $29,325,331. The disclosure for this sale can be found here. Insiders have sold 55,478 shares of company stock worth $3,891,431 over the last 90 days. Insiders own 0.37% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in TMUS. Whittier Trust Co. increased its stake in T-Mobile Us by 19.7% in the fourth quarter. Whittier Trust Co. now owns 962 shares of the Wireless communications provider’s stock valued at $61,000 after purchasing an additional 158 shares during the last quarter. Financial Advocates Investment Management increased its stake in T-Mobile Us by 42.0% in 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. Daiwa SB Investments Ltd. increased its stake in T-Mobile Us by 12.2% in the fourth quarter. Daiwa SB Investments Ltd. now owns 1,560 shares of the Wireless communications provider’s stock valued at $99,000 after purchasing an additional 170 shares during the last quarter. Rehmann Capital Advisory Group increased its stake in T-Mobile Us by 54.8% in the fourth quarter. Rehmann Capital Advisory Group now owns 641 shares of the Wireless communications provider’s stock valued at $41,000 after purchasing an additional 227 shares during the last quarter. Finally, Private Advisor Group LLC increased its stake in T-Mobile Us by 4.4% in the fourth quarter. Private Advisor Group LLC now owns 6,908 shares of the Wireless communications provider’s stock valued at $439,000 after purchasing an additional 288 shares during the last quarter. Hedge funds and other institutional investors own 33.16% of the company’s stock.

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.

See Also: Moving Average – How it Helps Investors in Stock Selection