T-Mobile US (TMUS) Scheduled to Post Earnings on Thursday

T-Mobile US (NASDAQ:TMUS – Get Rating) is scheduled to announce its earnings results after the market closes on Thursday, October 27th. Analysts expect the company to announce earnings of $0.60 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

T-Mobile US (NASDAQ:TMUS – Get Rating) last issued its quarterly earnings results on Wednesday, July 27th. The Wireless communications provider reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $1.02. T-Mobile US had a return on equity of 6.59% and a net margin of 2.14%. The company had revenue of $19.70 billion during the quarter, compared to analysts’ expectations of $20.08 billion. During the same quarter in the previous year, the firm posted $0.78 EPS. The firm’s revenue was down 1.2% compared to the same quarter last year. On average, analysts expect T-Mobile US to post $2 EPS for the current fiscal year and $6 EPS for the next fiscal year.

T-Mobile US Stock Performance

Shares of TMUS opened at $135.74 on Thursday. The stock has a 50-day moving average of $140.48 and a two-hundred day moving average of $135.65. T-Mobile US has a one year low of $101.51 and a one year high of $148.04. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.74 and a current ratio of 0.85. The stock has a market cap of $170.22 billion, a P/E ratio of 99.08, a P/E/G ratio of 2.31 and a beta of 0.50.

Insider Buying and Selling

In related news, insider Neville R. Ray sold 50,000 shares of T-Mobile US stock in a transaction dated Tuesday, August 9th. The stock was sold at an average price of $145.21, for a total value of $7,260,500.00. Following the sale, the insider now directly owns 363,902 shares in the company, valued at approximately $52,842,209.42. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, insider Neville R. Ray sold 50,000 shares of T-Mobile US stock in a transaction dated Tuesday, August 9th. The stock was sold at an average price of $145.21, for a total value of $7,260,500.00. Following the sale, the insider now directly owns 363,902 shares in the company, valued at approximately $52,842,209.42. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction dated Wednesday, August 10th. The stock was sold at an average price of $145.00, for a total value of $145,000.00. Following the completion of the sale, the director now owns 4,980 shares in the company, valued at $722,100. The disclosure for this sale can be found here. In the last three months, insiders have sold 101,846 shares of company stock worth $14,808,930. Insiders own 0.68% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Parkside Financial Bank & Trust boosted its holdings in shares of T-Mobile US by 18.8% during the 1st quarter. Parkside Financial Bank & Trust now owns 670 shares of the Wireless communications provider’s stock worth $86,000 after purchasing an additional 106 shares during the last quarter. KC Investment Advisors LLC boosted its holdings in shares of T-Mobile US by 2.9% during the 1st quarter. KC Investment Advisors LLC now owns 7,512 shares of the Wireless communications provider’s stock worth $964,000 after purchasing an additional 210 shares during the last quarter. Orion Portfolio Solutions LLC boosted its holdings in shares of T-Mobile US by 19.7% during the 1st quarter. Orion Portfolio Solutions LLC now owns 2,365 shares of the Wireless communications provider’s stock worth $304,000 after purchasing an additional 390 shares during the last quarter. Global Wealth Management Investment Advisory Inc. boosted its holdings in shares of T-Mobile US by 5.9% during the 1st quarter. Global Wealth Management Investment Advisory Inc. now owns 7,553 shares of the Wireless communications provider’s stock worth $969,000 after purchasing an additional 422 shares during the last quarter. Finally, Worth Asset Management LLC acquired a new position in T-Mobile US in the first quarter valued at approximately $62,000. 45.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have commented on TMUS shares. StockNews.com started coverage on T-Mobile US in a research report on Wednesday, October 12th. They set a “hold” rating for the company. Royal Bank of Canada lifted their price objective on T-Mobile US from $152.00 to $158.00 in a research note on Thursday, July 14th. Wolfe Research lifted their price objective on T-Mobile US from $162.00 to $168.00 and gave the company an “outperform” rating in a research note on Thursday, September 29th. Cowen lifted their price objective on T-Mobile US from $179.00 to $187.00 in a research note on Thursday, July 28th. Finally, JPMorgan Chase & Co. set a $200.00 price objective on T-Mobile US in a research note on Wednesday. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $171.70.

T-Mobile US Company Profile

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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 108.7 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, wearables, and tablets and other mobile communication devices, as well as wireless devices and accessories.