T-Mobile US, Inc. (NASDAQ:TMUS) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of T-Mobile US, Inc. (NASDAQ:TMUS) have been assigned a consensus rating of “Moderate Buy” from the thirty-two analysts that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, seventeen have assigned a buy rating and three have assigned a strong buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $266.8333.

A number of equities analysts recently issued reports on the company. Rothschild Redb upgraded T-Mobile US to a “hold” rating in a research note on Tuesday, September 30th. Deutsche Bank Aktiengesellschaft raised their price objective on T-Mobile US from $280.00 to $300.00 in a report on Thursday, October 2nd. DZ Bank reiterated a “buy” rating on shares of T-Mobile US in a report on Tuesday, October 28th. Cowen reiterated a “buy” rating on shares of T-Mobile US in a research report on Friday, October 24th. Finally, Raymond James Financial raised T-Mobile US to a “hold” rating in a research note on Wednesday, October 1st.

T-Mobile US Stock Up 0.7%

NASDAQ:TMUS opened at $216.08 on Friday. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.89 and a quick ratio of 0.80. The company has a 50-day moving average of $226.40 and a 200 day moving average of $235.85. T-Mobile US has a 1-year low of $199.41 and a 1-year high of $276.49. The firm has a market cap of $241.69 billion, a PE ratio of 20.78, a price-to-earnings-growth ratio of 1.51 and a beta of 0.57.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share for the quarter, topping analysts’ consensus estimates of $2.40 by $0.01. The company had revenue of $21.96 billion during the quarter, compared to analyst estimates of $21.61 billion. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.T-Mobile US’s revenue was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.61 earnings per share. As a group, research analysts anticipate that T-Mobile US will post 10.37 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 26th will be issued a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 1.9%. This is a boost from T-Mobile US’s previous quarterly dividend of $0.88. The ex-dividend date is Wednesday, November 26th. T-Mobile US’s dividend payout ratio (DPR) is 39.23%.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 1,374 shares of the company’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $220.46, for a total value of $302,912.04. Following the completion of the transaction, the director owned 582,065,875 shares in the company, valued at $128,322,242,802.50. This represents a 0.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Srini Gopalan acquired 9,800 shares of the company’s stock in a transaction on Thursday, November 6th. The stock was acquired at an average price of $201.82 per share, for a total transaction of $1,977,836.00. Following the completion of the purchase, the chief executive officer owned 90,258 shares of the company’s stock, valued at $18,215,869.56. This trade represents a 12.18% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders have sold 1,971,041 shares of company stock valued at $470,946,486. Corporate insiders own 0.37% of the company’s stock.

Hedge Funds Weigh In On T-Mobile US

Large investors have recently modified their holdings of the business. Vanguard Group Inc. raised its position in T-Mobile US by 1.5% in the third quarter. Vanguard Group Inc. now owns 42,797,074 shares of the Wireless communications provider’s stock worth $10,244,764,000 after acquiring an additional 636,192 shares in the last quarter. State Street Corp grew its position in T-Mobile US by 4.5% during the second quarter. State Street Corp now owns 23,141,316 shares of the Wireless communications provider’s stock worth $5,513,650,000 after buying an additional 994,740 shares during the period. Capital International Investors grew its position in T-Mobile US by 5.5% during the third quarter. Capital International Investors now owns 13,726,288 shares of the Wireless communications provider’s stock worth $3,285,608,000 after buying an additional 711,278 shares during the period. Wellington Management Group LLP increased its holdings in T-Mobile US by 47.5% in the third quarter. Wellington Management Group LLP now owns 13,461,669 shares of the Wireless communications provider’s stock valued at $3,222,454,000 after buying an additional 4,335,368 shares in the last quarter. Finally, Invesco Ltd. lifted its position in shares of T-Mobile US by 6.1% during the 3rd quarter. Invesco Ltd. now owns 7,903,104 shares of the Wireless communications provider’s stock valued at $1,891,845,000 after acquiring an additional 453,096 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.

T-Mobile US Company Profile

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 customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.