T-Mobile US (NASDAQ:TMUS) Hits New 12-Month Low – What’s Next?

T-Mobile US, Inc. (NASDAQ:TMUS)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $191.87 and last traded at $191.6380, with a volume of 1360786 shares. The stock had previously closed at $197.51.

Analyst Ratings Changes

A number of equities analysts recently weighed in on TMUS shares. Scotiabank boosted their price target on shares of T-Mobile US from $271.50 to $278.00 and gave the stock a “sector outperform” rating in a research report on Monday, October 6th. HSBC raised T-Mobile US from a “hold” rating to a “buy” rating and set a $285.00 price objective on the stock in a research note on Friday, October 24th. Oppenheimer downgraded T-Mobile US from an “outperform” rating to a “market perform” rating in a research note on Friday, November 21st. Weiss Ratings reiterated a “buy (b-)” rating on shares of T-Mobile US in a report on Monday, December 29th. Finally, DZ Bank reissued a “buy” rating on shares of T-Mobile US in a report on Tuesday, October 28th. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $260.17.

T-Mobile US Stock Down 4.4%

The business has a 50-day moving average of $203.99 and a 200-day moving average of $225.53. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.80 and a current ratio of 0.89. The stock has a market capitalization of $211.17 billion, a price-to-earnings ratio of 18.15, a P/E/G ratio of 1.14 and a beta of 0.45.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share for the quarter, beating analysts’ consensus estimates of $2.40 by $0.01. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. The business had revenue of $21.96 billion during the quarter, compared to analysts’ expectations of $21.61 billion. During the same period last year, the business earned $2.61 earnings per share. The business’s revenue for the quarter was up 8.9% on a year-over-year basis. On average, sell-side analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Friday, February 27th will be given a $1.02 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $4.08 dividend on an annualized basis and a yield of 2.2%. T-Mobile US’s payout ratio is presently 39.23%.

Insider Buying and Selling

In other news, CEO Srini Gopalan bought 9,800 shares of the stock in a transaction that occurred on Thursday, November 6th. The stock was bought at an average cost of $201.82 per share, for a total transaction of $1,977,836.00. Following the acquisition, the chief executive officer directly owned 90,258 shares of the company’s stock, valued at $18,215,869.56. The trade was a 12.18% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Telekom Ag Deutsche sold 64,426 shares of the stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $226.17, for a total transaction of $14,571,228.42. Following the sale, the director directly owned 582,220,759 shares in the company, valued at $131,680,869,063.03. This represents a 0.01% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 464,045 shares of company stock valued at $104,064,001. Corporate insiders own 0.37% of the company’s stock.

Institutional Investors Weigh In On T-Mobile US

Several large investors have recently bought and sold shares of the stock. Corbyn Investment Management Inc. MD grew its position in shares of T-Mobile US by 6.2% during the fourth quarter. Corbyn Investment Management Inc. MD now owns 20,982 shares of the Wireless communications provider’s stock worth $4,260,000 after buying an additional 1,221 shares in the last quarter. Argentarii LLC lifted its stake in T-Mobile US by 8.8% during the fourth quarter. Argentarii LLC now owns 1,475 shares of the Wireless communications provider’s stock worth $300,000 after purchasing an additional 119 shares during the last quarter. Signal Advisors Wealth LLC boosted its holdings in T-Mobile US by 15.3% in the fourth quarter. Signal Advisors Wealth LLC now owns 1,527 shares of the Wireless communications provider’s stock valued at $310,000 after purchasing an additional 203 shares in the last quarter. World Equity Group Inc. increased its stake in T-Mobile US by 17.8% in the fourth quarter. World Equity Group Inc. now owns 1,031 shares of the Wireless communications provider’s stock valued at $209,000 after purchasing an additional 156 shares during the last quarter. Finally, Czech National Bank raised its holdings in T-Mobile US by 3.2% during the fourth quarter. Czech National Bank now owns 126,822 shares of the Wireless communications provider’s stock worth $25,750,000 after purchasing an additional 3,914 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Company Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.