T-Mobile US (NASDAQ:TMUS) Stock Rating Lowered by StockNews.com

T-Mobile US (NASDAQ:TMUSGet Rating) was downgraded by StockNews.com from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday.

A number of other equities research analysts have also weighed in on TMUS. TheStreet upgraded T-Mobile US from a “c+” rating to a “b-” rating in a research report on Thursday, March 3rd. Credit Suisse Group set a $188.00 target price on T-Mobile US in a report on Monday. Barclays set a $150.00 price objective on T-Mobile US in a report on Thursday, February 3rd. UBS Group set a $170.00 target price on T-Mobile US in a research report on Thursday, February 3rd. Finally, Morgan Stanley increased their price objective on T-Mobile US from $149.00 to $150.00 and gave the stock an “overweight” rating in a research report on Friday, February 4th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, T-Mobile US has a consensus rating of “Buy” and an average price target of $161.24.

NASDAQ:TMUS traded up $3.41 during mid-day trading on Wednesday, hitting $134.85. The company had a trading volume of 6,828,500 shares, compared to its average volume of 5,699,862. The firm has a market cap of $168.47 billion, a P/E ratio of 55.95, a P/E/G ratio of 2.05 and a beta of 0.51. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.78 and a current ratio of 0.89. The business’s fifty day moving average is $126.30 and its two-hundred day moving average is $119.52. T-Mobile US has a fifty-two week low of $101.51 and a fifty-two week high of $150.20.

T-Mobile US (NASDAQ:TMUSGet Rating) last posted its quarterly earnings results on Wednesday, February 2nd. The Wireless communications provider reported $1.10 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.94. T-Mobile US had a return on equity of 6.18% and a net margin of 3.78%. The firm had revenue of $20.79 billion during the quarter, compared to the consensus estimate of $21.12 billion. During the same period last year, the company earned $1.03 earnings per share. Equities analysts forecast that T-Mobile US will post 2.46 earnings per share for the current year.

In other news, insider Neville R. Ray sold 120,000 shares of T-Mobile US stock in a transaction dated Thursday, February 3rd. The shares were sold at an average price of $120.40, for a total value of $14,448,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.69% of the stock is currently owned by company insiders.

A number of hedge funds have recently modified their holdings of TMUS. Dorsey & Whitney Trust CO LLC grew its holdings in shares of T-Mobile US by 4.0% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 2,086 shares of the Wireless communications provider’s stock valued at $242,000 after purchasing an additional 80 shares in the last quarter. Synovus Financial Corp grew its holdings in shares of T-Mobile US by 2.0% in the fourth quarter. Synovus Financial Corp now owns 4,148 shares of the Wireless communications provider’s stock valued at $477,000 after purchasing an additional 81 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in shares of T-Mobile US by 17.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 564 shares of the Wireless communications provider’s stock valued at $65,000 after purchasing an additional 85 shares in the last quarter. KC Investment Advisors LLC grew its holdings in shares of T-Mobile US by 1.3% in the fourth quarter. KC Investment Advisors LLC now owns 7,302 shares of the Wireless communications provider’s stock valued at $847,000 after purchasing an additional 91 shares in the last quarter. Finally, Meeder Asset Management Inc. grew its holdings in shares of T-Mobile US by 2.0% in the third quarter. Meeder Asset Management Inc. now owns 4,633 shares of the Wireless communications provider’s stock valued at $592,000 after purchasing an additional 93 shares in the last quarter. 43.87% of the stock is currently owned by institutional investors.

T-Mobile US Company Profile (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.

Recommended Stories

Analyst Recommendations for T-Mobile US (NASDAQ:TMUS)

Receive News & Ratings for T-Mobile US Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile US and related companies with MarketBeat.com's FREE daily email newsletter.