T-Mobile US (TMUS) to Release Quarterly Earnings on Wednesday

T-Mobile US (NASDAQ:TMUSGet Rating) is set to issue its quarterly earnings data before the market opens on Wednesday, February 1st. Analysts expect the company to announce earnings of $1.10 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

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 company had revenue of $19.48 billion for the quarter, compared to analyst estimates of $19.98 billion. During the same quarter in the prior year, the business earned $0.55 earnings per share. T-Mobile US’s revenue was down .7% on a year-over-year basis. On average, analysts expect T-Mobile US to post $2 EPS for the current fiscal year and $7 EPS for the next fiscal year.

T-Mobile US Price Performance

Shares of TMUS opened at $145.81 on Wednesday. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.81 and a quick ratio of 0.73. The stock has a market cap of $181.41 billion, a PE ratio of 119.52, a P/E/G ratio of 0.82 and a beta of 0.55. The firm has a 50-day simple moving average of $145.49 and a two-hundred day simple moving average of $142.74. T-Mobile US has a 1-year low of $103.77 and a 1-year high of $154.38.

Analysts Set New Price Targets

TMUS has been the subject of a number of research reports. Cowen lifted their price objective on shares of T-Mobile US from $187.00 to $201.00 in a report on Friday, October 28th. Royal Bank of Canada set a $166.00 price objective on shares of T-Mobile US in a report on Thursday, January 5th. StockNews.com initiated coverage on shares of T-Mobile US in a report on Wednesday, October 12th. They issued a “hold” rating for the company. UBS Group set a $180.00 price objective on shares of T-Mobile US in a report on Thursday, January 5th. Finally, Benchmark dropped their price objective on shares of T-Mobile US to $197.00 in a report on Thursday, October 20th. Two equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, T-Mobile US currently has a consensus rating of “Moderate Buy” and an average target price of $178.83.

Insider Transactions at T-Mobile US

In other news, Director Srikant M. Datar sold 750 shares of the business’s stock in a transaction that occurred on 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 sale, the director now owns 3,230 shares in the company, valued at approximately $476,425. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Srikant M. Datar sold 1,000 shares of the business’s stock in a transaction that occurred on 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 sale, the director now owns 3,980 shares in the company, valued at approximately $600,024.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Srikant M. Datar sold 750 shares of the company’s stock in a transaction on 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 sale, the director now owns 3,230 shares of the company’s stock, valued at approximately $476,425. The disclosure for this sale can be found here. In the last quarter, insiders sold 73,450 shares of company stock worth $11,045,767. 0.68% of the stock is currently owned by insiders.

Institutional Trading of T-Mobile US

Several institutional investors and hedge funds have recently bought and sold shares of the business. National Pension Service raised its position in T-Mobile US by 1.0% in the 3rd quarter. National Pension Service now owns 958,131 shares of the Wireless communications provider’s stock valued at $129,003,000 after purchasing an additional 9,166 shares during the last quarter. CENTRAL TRUST Co raised its position in T-Mobile US by 8.9% in the 3rd quarter. CENTRAL TRUST Co now owns 52,373 shares of the Wireless communications provider’s stock valued at $7,026,000 after purchasing an additional 4,270 shares during the last quarter. M&T Bank Corp raised its position in T-Mobile US by 3.1% in the 3rd quarter. M&T Bank Corp now owns 40,763 shares of the Wireless communications provider’s stock valued at $5,467,000 after purchasing an additional 1,244 shares during the last quarter. Captrust Financial Advisors raised its position in T-Mobile US by 11.2% in the 3rd quarter. Captrust Financial Advisors now owns 92,219 shares of the Wireless communications provider’s stock valued at $12,373,000 after purchasing an additional 9,276 shares during the last quarter. Finally, Clearstead Advisors LLC raised its position in T-Mobile US by 3,000.0% in the 3rd quarter. Clearstead Advisors LLC now owns 1,085 shares of the Wireless communications provider’s stock valued at $146,000 after purchasing an additional 1,050 shares during the last quarter. Hedge funds and other institutional investors own 42.86% of the company’s stock.

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

Earnings History for T-Mobile US (NASDAQ:TMUS)

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