T-Mobile US, Inc. (NASDAQ:TMUS) Given Consensus Rating of "Moderate Buy" by Analysts

Shares of T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the twenty-three analysts that are presently covering the company, Marketbeat.com reports. Nine research analysts have rated the stock with a hold recommendation, twelve have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $254.10.

Several equities analysts have recently weighed in on TMUS shares. KeyCorp cut T-Mobile US from an "overweight" rating to a "sector weight" rating and set a $252.00 price target for the company. in a research report on Thursday, December 12th. Sanford C. Bernstein began coverage on T-Mobile US in a report on Tuesday, December 10th. They set a "market perform" rating and a $265.00 target price for the company. Benchmark reissued a "buy" rating on shares of T-Mobile US in a report on Wednesday, February 26th. Bank of America raised their price objective on shares of T-Mobile US from $240.00 to $255.00 and gave the company a "buy" rating in a research report on Thursday, January 30th. Finally, Hsbc Global Res lowered shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 5th.

T-Mobile US Stock Performance

T-Mobile US stock traded down $2.16 during midday trading on Tuesday, reaching $254.51. The stock had a trading volume of 1,849,037 shares, compared to its average volume of 3,991,986. The firm has a market capitalization of $290.59 billion, a PE ratio of 26.35, a P/E/G ratio of 1.55 and a beta of 0.64. T-Mobile US has a 12 month low of $158.84 and a 12 month high of $276.49. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The firm's 50-day moving average price is $241.44 and its 200 day moving average price is $227.54.

Remove Ads

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. As a group, research analysts predict that T-Mobile US will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be paid a $0.88 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.38%. T-Mobile US's dividend payout ratio (DPR) is currently 36.40%.

Insider Activity

In other news, Director Letitia A. Long sold 1,100 shares of the stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $231.08, for a total transaction of $254,188.00. Following the completion of the sale, the director now directly owns 5,653 shares in the company, valued at approximately $1,306,295.24. This represents a 16.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Srikant M. Datar sold 730 shares of the company's stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the transaction, the director now directly owns 3,291 shares of the company's stock, valued at $865,533. The trade was a 18.15 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.67% of the company's stock.

Hedge Funds Weigh In On T-Mobile US

A number of hedge funds have recently added to or reduced their stakes in TMUS. Dunhill Financial LLC grew its stake in shares of T-Mobile US by 76.7% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider's stock valued at $27,000 after purchasing an additional 56 shares during the period. Rakuten Securities Inc. lifted its position in shares of T-Mobile US by 93.9% in the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock valued at $28,000 after acquiring an additional 62 shares in the last quarter. CoreFirst Bank & Trust bought a new position in shares of T-Mobile US during the fourth quarter worth $28,000. Financial Life Planners bought a new stake in T-Mobile US in the 4th quarter worth approximately $29,000. Finally, Legacy Investment Solutions LLC purchased a new position in shares of T-Mobile US in the 3rd quarter worth $34,000. 42.49% of the stock is currently owned by hedge funds and other 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 customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.