Shares of T-Mobile US, Inc. (NASDAQ:TMUS – Get Free Report) have received an average rating of “Moderate Buy” from the twenty-eight ratings firms that are currently covering the company, MarketBeat.com reports. Six analysts have rated the stock with a hold recommendation, twenty-one have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $238.25.
A number of research analysts have weighed in on TMUS shares. KeyCorp decreased their price target on T-Mobile US from $250.00 to $240.00 and set an “overweight” rating for the company in a research note on Thursday, October 29th. Wells Fargo & Company decreased their target price on shares of T-Mobile US from $170.00 to $169.00 and set an “equal weight” rating for the company in a research note on Friday, July 24th. Raymond James Financial upgraded shares of T-Mobile US from a “market perform” rating to an “outperform” rating and set a $170.00 target price on the stock in a report on Monday, October 12th. Citigroup dropped their price target on shares of T-Mobile US from $225.00 to $165.00 and set a “neutral” rating on the stock in a research report on Thursday, October 29th. Finally, Wolfe Research cut shares of T-Mobile US from an “outperform” rating to a “peer perform” rating in a research note on Friday, August 14th.
Get Our Latest Stock Report on TMUS
T-Mobile US Trading Up 0.9%
Shares of NASDAQ:TMUS opened at $160.59 on Friday. The company’s 50-day moving average price is $165.28 and its two-hundred day moving average price is $186.30. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.91 and a quick ratio of 0.78. T-Mobile US has a one year low of $143.75 and a one year high of $224.75. The stock has a market capitalization of $170.11 billion, a PE ratio of 14.22, a price-to-earnings-growth ratio of 0.92 and a beta of 0.40.
T-Mobile US (NASDAQ:TMUS – Get Free Report) last announced its quarterly earnings data on Wednesday, October 28th. The Wireless communications provider reported $3.22 earnings per share for the quarter, beating the consensus estimate of $2.89 by $0.33. The company had revenue of $23.58 billion during the quarter, compared to analysts’ expectations of $23.15 billion. T-Mobile US had a return on equity of 21.47% and a net margin of 12.05%. T-Mobile US’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter last year, the company earned $2.41 EPS. On average, equities analysts forecast that T-Mobile US will post 11.44 EPS for the current fiscal year.
T-Mobile US Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Wednesday, November 25th will be issued a $1.17 dividend. This represents a $4.68 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Wednesday, November 25th. This is a positive change from T-Mobile US’s previous quarterly dividend of $1.02. T-Mobile US’s payout ratio is currently 39.38%.
T-Mobile US News Summary
Here are the key news stories impacting T-Mobile US this week:
- Positive Sentiment: T-Mobile introduced T-Mix, customizable wireless plans that let customers choose or change features. A national campaign starring Bryan Cranston is intended to raise awareness; customer uptake will determine the financial impact. Article: Sorry to Wake You, But T-Mobile and Bryan Cranston Have a Change in Plans
- Positive Sentiment: The company launched a 5 Gig fiber plan for $90 per month with symmetrical speeds and a 10-year price guarantee. The offer could help attract broadband customers and expand revenue, though the article does not report early subscriber results. Article: Can T-Mobile’s Latest Fiber Plans Attract More Broadband Customers?
- Positive Sentiment: T-Mobile’s recent quarterly results beat analyst estimates for earnings and revenue, with revenue up year over year—supportive fundamentals as investors assess its new offerings.
- Neutral Sentiment: ETFs were net sellers of about $24.5 million in TMUS shares on Nov. 3. That is a limited, short-term flow signal and does not by itself establish a broader trend. Article: ETFs Are Net Sellers of T-Mobile (TMUS) on Nov. 3
- Negative Sentiment: Amdocs warned that its outlook allows for a potential end to its T-Mobile agreements, contributing to a sharp cut in Amdocs’ revenue forecast. The news raises uncertainty about the supplier relationship, though the articles do not quantify any direct financial impact on T-Mobile. Article: Amdocs Stock Has Its Worst Day in 24 Years as T-Mobile Business Is at Risk
- Negative Sentiment: Reports that Deutsche Telekom has hit the brakes on a possible combination with T-Mobile’s U.S. business cast doubt on a potential deal catalyst. Article: Deutsche Telekom Said to Hit Brakes on T-Mobile Merger
Insider Transactions at T-Mobile US
In related news, CAO Daniel James Drobac sold 772 shares of T-Mobile US stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $178.33, for a total transaction of $137,670.76. Following the completion of the transaction, the chief accounting officer owned 35,118 shares in the company, valued at approximately $6,262,592.94. This trade represents a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.32% of the company’s stock.
Institutional Investors Weigh In On T-Mobile US
Hedge funds have recently added to or reduced their stakes in the business. Maryland State Retirement & Pension System boosted its stake in shares of T-Mobile US by 13.9% in the 3rd quarter. Maryland State Retirement & Pension System now owns 30,175 shares of the Wireless communications provider’s stock worth $4,921,000 after buying an additional 3,672 shares during the last quarter. NBH Bank grew its holdings in shares of T-Mobile US by 8.1% in the third quarter. NBH Bank now owns 1,023 shares of the Wireless communications provider’s stock valued at $167,000 after acquiring an additional 77 shares in the last quarter. Joel Isaacson & Co. LLC increased its position in shares of T-Mobile US by 10.8% during the third quarter. Joel Isaacson & Co. LLC now owns 3,412 shares of the Wireless communications provider’s stock valued at $556,000 after acquiring an additional 333 shares during the last quarter. Jacobi Capital Management LLC increased its position in shares of T-Mobile US by 11.2% during the 3rd quarter. Jacobi Capital Management LLC now owns 1,784 shares of the Wireless communications provider’s stock valued at $291,000 after purchasing an additional 180 shares during the last quarter. Finally, Machina Capital S.A.S. raised its position in T-Mobile US by 81.5% in the third quarter. Machina Capital S.A.S. now owns 4,745 shares of the Wireless communications provider’s stock worth $774,000 after acquiring an additional 2,131 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.
T-Mobile US Company Profile
T-Mobile US, Inc (NASDAQ: TMUS) is a wireless communications company that provides mobile voice, messaging and data services to consumers, businesses and government customers in the United States, Puerto Rico and the U.S. Virgin Islands. Its offerings include postpaid and prepaid wireless plans, connected devices, broadband internet and other communications services.
The company operates a nationwide wireless network, including 5G services, and sells smartphones, tablets, connected devices and related accessories through retail stores, online channels and third-party distributors.
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