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

T-Mobile US, Inc. (NASDAQ:TMUS) has earned an average rating of “Moderate Buy” from the thirty-three brokerages that are presently covering the stock, Marketbeat.com reports. Twelve equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and three have assigned a strong buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $260.1667.

A number of analysts have weighed in on the company. Sanford C. Bernstein reiterated a “neutral” rating on shares of T-Mobile US in a research note on Monday, December 22nd. HSBC upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating and set a $285.00 price target on the stock in a report on Friday, October 24th. Daiwa Capital Markets decreased their price objective on shares of T-Mobile US from $240.00 to $230.00 and set a “neutral” rating for the company in a report on Tuesday, October 28th. Citigroup dropped their target price on shares of T-Mobile US from $268.00 to $220.00 and set a “neutral” rating on the stock in a research note on Friday, December 19th. Finally, Oppenheimer lowered shares of T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, November 21st.

T-Mobile US Stock Performance

T-Mobile US stock opened at $199.58 on Monday. T-Mobile US has a 1-year low of $194.01 and a 1-year high of $276.49. The company’s 50-day moving average is $205.73 and its 200 day moving average is $226.72. The firm has a market capitalization of $223.23 billion, a P/E ratio of 19.19, a price-to-earnings-growth ratio of 1.17 and a beta of 0.45. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.89 and a quick ratio of 0.80.

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

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Friday, February 27th will be given a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $4.08 dividend on an annualized basis and a yield of 2.0%. T-Mobile US’s payout ratio is 39.23%.

Insiders Place Their Bets

In related news, Director Telekom Ag Deutsche sold 1,374 shares of the company’s stock in a transaction dated 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 sale, the director directly owned 582,065,875 shares of the company’s stock, 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 Securities & Exchange Commission, which is available through the SEC website. Also, Director Letitia A. Long sold 1,457 shares of the firm’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $210.32, for a total transaction of $306,436.24. Following the transaction, the director directly owned 5,438 shares in the company, valued at $1,143,720.16. This trade represents a 21.13% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 657,323 shares of company stock worth $147,921,356. 0.37% of the stock is owned by company insiders.

Hedge Funds Weigh In On T-Mobile US

Hedge funds and other institutional investors have recently modified their holdings of the business. AIA Group Ltd lifted its holdings in T-Mobile US by 127.2% during the third quarter. AIA Group Ltd now owns 22,131 shares of the Wireless communications provider’s stock worth $5,298,000 after buying an additional 12,392 shares during the period. Lindenwold Advisors INC raised its position in shares of T-Mobile US by 1.2% in the 3rd quarter. Lindenwold Advisors INC now owns 7,975 shares of the Wireless communications provider’s stock worth $1,909,000 after acquiring an additional 94 shares in the last quarter. IFP Advisors Inc lifted its stake in shares of T-Mobile US by 1.9% during the 3rd quarter. IFP Advisors Inc now owns 15,591 shares of the Wireless communications provider’s stock worth $3,826,000 after purchasing an additional 296 shares during the last quarter. Tevis Investment Management boosted its position in T-Mobile US by 3.0% during the third quarter. Tevis Investment Management now owns 1,688 shares of the Wireless communications provider’s stock valued at $404,000 after purchasing an additional 49 shares in the last quarter. Finally, Polar Asset Management Partners Inc. boosted its position in T-Mobile US by 84.3% during the third quarter. Polar Asset Management Partners Inc. now owns 102,261 shares of the Wireless communications provider’s stock valued at $24,479,000 after purchasing an additional 46,761 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors.

About T-Mobile US

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.