T-Mobile US (NASDAQ:TMUS) PT Raised to $202.00

T-Mobile US (NASDAQ:TMUSGet Rating) had its price target raised by stock analysts at Tigress Financial from $195.00 to $202.00 in a research report issued on Tuesday, The Fly reports. The firm currently has a “buy” rating on the Wireless communications provider’s stock. Tigress Financial’s price objective indicates a potential upside of 39.43% from the stock’s current price.

A number of other brokerages have also recently weighed in on TMUS. Raymond James dropped their price target on T-Mobile US from $178.00 to $175.00 and set a “strong-buy” rating for the company in a research report on Friday, October 28th. Citigroup increased their price objective on T-Mobile US from $156.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, July 20th. Benchmark decreased their price objective on T-Mobile US to $197.00 in a research note on Thursday, October 20th. StockNews.com began coverage on T-Mobile US in a research note on Wednesday, October 12th. They set a “hold” rating on the stock. Finally, TheStreet raised T-Mobile US from a “c+” rating to a “b-” rating in a research note on Friday, October 28th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $174.15.

T-Mobile US Trading Down 0.1 %

NASDAQ:TMUS opened at $144.88 on Tuesday. The stock has a fifty day moving average price of $140.89 and a two-hundred day moving average price of $137.69. The stock has a market capitalization of $180.25 billion, a price-to-earnings ratio of 118.75, a PEG ratio of 2.63 and a beta of 0.54. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.73 and a current ratio of 0.81. T-Mobile US has a 1 year low of $101.51 and a 1 year high of $154.38.

T-Mobile US (NASDAQ:TMUSGet Rating) last announced its quarterly earnings results on Thursday, October 27th. The Wireless communications provider reported $0.40 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.13). T-Mobile US had a net margin of 1.92% and a return on equity of 6.29%. The firm had revenue of $19.48 billion during the quarter, compared to analysts’ expectations of $19.98 billion. During the same quarter in the prior year, the business earned $0.55 EPS. The company’s quarterly revenue was down .7% compared to the same quarter last year. As a group, sell-side analysts anticipate that T-Mobile US will post 2.05 earnings per share for the current fiscal year.

Insider Transactions at T-Mobile US

In other news, insider Neville R. Ray sold 50,000 shares of the firm’s stock in a transaction dated Friday, October 28th. The stock was sold at an average price of $150.47, for a total value of $7,523,500.00. Following the transaction, the insider now directly owns 313,902 shares in the company, valued at approximately $47,232,833.94. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, insider Neville R. Ray sold 50,000 shares of the firm’s stock in a transaction dated Friday, October 28th. The stock was sold at an average price of $150.47, for a total value of $7,523,500.00. Following the transaction, the insider now directly owns 313,902 shares in the company, valued at approximately $47,232,833.94. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Srikant M. Datar sold 750 shares of the firm’s stock in a transaction dated Friday, November 4th. The shares were sold at an average price of $147.50, for a total value of $110,625.00. Following the sale, the director now owns 3,230 shares in the company, valued at $476,425. The disclosure for this sale can be found here. Insiders have sold a total of 73,450 shares of company stock worth $11,045,767 in the last three months. 0.68% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On T-Mobile US

Several hedge funds have recently modified their holdings of TMUS. Core Alternative Capital raised its holdings in shares of T-Mobile US by 600.0% during the 1st quarter. Core Alternative Capital now owns 203 shares of the Wireless communications provider’s stock valued at $26,000 after buying an additional 174 shares during the period. Syverson Strege & Co purchased a new stake in shares of T-Mobile US during the 2nd quarter valued at about $27,000. Householder Group Estate & Retirement Specialist LLC purchased a new stake in shares of T-Mobile US during the 3rd quarter valued at about $27,000. Evermay Wealth Management LLC increased its holdings in T-Mobile US by 103.9% during the 3rd quarter. Evermay Wealth Management LLC now owns 208 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 106 shares during the last quarter. Finally, Venture Visionary Partners LLC purchased a new stake in T-Mobile US during the 2nd quarter worth approximately $30,000. 45.24% of the stock is currently owned by hedge funds and other 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.

Recommended Stories

The Fly logo

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.