T-Mobile US, Inc. (NASDAQ:TMUS) Receives $185.93 Average PT from Analysts

Shares of T-Mobile US, Inc. (NASDAQ:TMUS) have been assigned a consensus rating of “Buy” from the fourteen research firms that are currently covering the company, Marketbeat reports. Thirteen analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $186.33.

A number of equities research analysts have recently weighed in on TMUS shares. Raymond James boosted their price target on T-Mobile US from $180.00 to $185.00 and gave the company a “strong-buy” rating in a report on Friday, January 26th. Royal Bank of Canada boosted their price target on T-Mobile US from $184.00 to $188.00 and gave the company an “outperform” rating in a report on Friday. KeyCorp boosted their price target on T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a report on Friday. Tigress Financial boosted their price target on T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, February 8th. Finally, Wells Fargo & Company upped their price objective on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Monday, January 22nd.

T-Mobile US Stock Down 0.1 %

Shares of T-Mobile US stock opened at $163.96 on Friday. The business has a 50-day moving average of $162.51 and a 200-day moving average of $156.98. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.91 and a quick ratio of 0.83. The company has a market capitalization of $194.60 billion, a PE ratio of 23.66, a P/E/G ratio of 0.68 and a beta of 0.49. T-Mobile US has a 1-year low of $124.92 and a 1-year high of $168.64.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.17. The company had revenue of $19.59 billion during the quarter, compared to the consensus estimate of $19.81 billion. T-Mobile US had a return on equity of 12.69% and a net margin of 10.59%. The company’s revenue was down .2% on a year-over-year basis. During the same period last year, the firm earned $1.58 earnings per share. As a group, equities analysts forecast that T-Mobile US will post 8.83 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be issued a $0.65 dividend. The ex-dividend date is Friday, May 31st. This represents a $2.60 annualized dividend and a dividend yield of 1.59%. T-Mobile US’s dividend payout ratio (DPR) is 37.52%.

Insider Activity

In other news, insider Michael J. Katz sold 3,000 shares of the company’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $163.22, for a total value of $489,660.00. Following the completion of the sale, the insider now owns 125,687 shares in the company, valued at $20,514,632.14. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, insider Callie R. Field sold 5,844 shares of the business’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $168.44, for a total transaction of $984,363.36. Following the sale, the insider now directly owns 102,555 shares of the company’s stock, valued at $17,274,364.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael J. Katz sold 3,000 shares of the business’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $163.22, for a total value of $489,660.00. Following the sale, the insider now directly owns 125,687 shares in the company, valued at $20,514,632.14. The disclosure for this sale can be found here. Insiders sold a total of 6,180,319 shares of company stock worth $1,002,629,987 over the last 90 days. 0.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. BluePath Capital Management LLC acquired a new position in T-Mobile US during the third quarter valued at $26,000. Private Wealth Management Group LLC acquired a new position in T-Mobile US during the fourth quarter valued at $27,000. Valley National Advisers Inc. raised its position in T-Mobile US by 232.1% during the fourth quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 123 shares during the period. Westside Investment Management Inc. increased its position in T-Mobile US by 75.8% in the 1st quarter. Westside Investment Management Inc. now owns 174 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 75 shares during the last quarter. Finally, Baker Avenue Asset Management LP increased its position in T-Mobile US by 63.3% in the 3rd quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock worth $29,000 after purchasing an additional 81 shares during the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

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.