T-Mobile US (NASDAQ:TMUS – Get Rating) received a $180.00 target price from investment analysts at The Goldman Sachs Group in a note issued to investors on Tuesday, Borsen Zeitung reports. The Goldman Sachs Group’s target price points to a potential upside of 20.35% from the company’s current price.
Several other equities research analysts also recently commented on TMUS. Cowen upped their price target on shares of T-Mobile US from $187.00 to $201.00 in a research report on Friday, October 28th. Tigress Financial raised their price target on shares of T-Mobile US from $195.00 to $202.00 and gave the company a “buy” rating in a report on Tuesday, November 15th. Morgan Stanley cut their price target on shares of T-Mobile US from $180.00 to $175.00 and set an “overweight” rating on the stock in a report on Thursday, December 15th. Royal Bank of Canada set a $166.00 price target on shares of T-Mobile US in a report on Thursday, January 5th. Finally, UBS Group set a $180.00 target price on shares of T-Mobile US in a research note on Thursday, January 5th. Two equity research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, T-Mobile US currently has a consensus rating of “Buy” and a consensus price target of $178.83.
T-Mobile US Trading Up 0.5%
Shares of NASDAQ:TMUS traded up $0.79 during mid-day trading on Tuesday, hitting $149.56. The stock had a trading volume of 3,739,998 shares, compared to its average volume of 6,616,150. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.73 and a current ratio of 0.81. The company has a market cap of $186.08 billion, a PE ratio of 122.59, a P/E/G ratio of 0.84 and a beta of 0.55. T-Mobile US has a 12-month low of $101.51 and a 12-month high of $154.38. The company’s 50 day moving average is $145.71 and its 200-day moving average is $141.95.
T-Mobile US (NASDAQ:TMUS – Get Rating) last issued its quarterly earnings results on Thursday, October 27th. The Wireless communications provider reported $0.40 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.13). The firm had revenue of $19.48 billion during the quarter, compared to analysts’ expectations of $19.98 billion. T-Mobile US had a net margin of 1.92% and a return on equity of 6.29%. The firm’s revenue was down .7% compared to the same quarter last year. During the same quarter last year, the company posted $0.55 EPS. On average, sell-side analysts predict that T-Mobile US will post 2.01 EPS for the current year.
Insider Activity
In related news, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction dated Monday, October 31st. The shares were sold at an average price of $150.76, for a total transaction of $150,760.00. Following the completion of the transaction, the director now directly owns 3,980 shares of the company’s stock, valued at approximately $600,024.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available on the SEC website. In related news, Director Srikant M. Datar sold 750 shares of T-Mobile US stock in a transaction dated Friday, November 4th. The shares were sold at an average price of $147.50, for a total transaction of $110,625.00. Following the completion of the transaction, the director now directly owns 3,230 shares of the company’s stock, valued at approximately $476,425. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available on the SEC website. Also, Director Srikant M. Datar sold 1,000 shares of the business’s stock in a transaction dated Monday, October 31st. The stock was sold at an average price of $150.76, for a total transaction of $150,760.00. Following the completion of the transaction, the director now directly owns 3,980 shares of the company’s stock, valued at $600,024.80. The disclosure for this sale can be found here. In the last three months, insiders have sold 73,450 shares of company stock worth $11,045,767. Corporate insiders own 0.68% of the company’s stock.
Hedge Funds Weigh In On T-Mobile US
A number of institutional investors have recently modified their holdings of the stock. Parkside Financial Bank & Trust raised its stake in shares of T-Mobile US by 8.6% in the third quarter. Parkside Financial Bank & Trust now owns 900 shares of the Wireless communications provider’s stock worth $121,000 after acquiring an additional 71 shares during the last quarter. Bell Investment Advisors Inc raised its stake in shares of T-Mobile US by 33.8% in the third quarter. Bell Investment Advisors Inc now owns 281 shares of the Wireless communications provider’s stock worth $38,000 after acquiring an additional 71 shares during the last quarter. Carnegie Capital Asset Management LLC raised its stake in shares of T-Mobile US by 0.8% in the second quarter. Carnegie Capital Asset Management LLC now owns 9,053 shares of the Wireless communications provider’s stock worth $1,218,000 after acquiring an additional 72 shares during the last quarter. Kore Private Wealth LLC grew its position in shares of T-Mobile US by 1.6% during the 2nd quarter. Kore Private Wealth LLC now owns 4,703 shares of the Wireless communications provider’s stock worth $633,000 after buying an additional 74 shares during the period. Finally, Massmutual Trust Co. FSB ADV grew its position in shares of T-Mobile US by 11.1% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 753 shares of the Wireless communications provider’s stock worth $101,000 after buying an additional 75 shares during the period. 42.86% of the stock is owned by institutional investors.
About T-Mobile US
(Get Rating)
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.
Further Reading
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