The stock of T-Mobile US Inc (NASDAQ:TMUS) last traded at $136.99, down -0.62% from the previous session.
Data from the available sources indicates that T-Mobile US Inc (NASDAQ:TMUS) is covered by 28 analysts. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $210.00 and a low of $118.49, we find $175.00. Given the previous closing price of $137.84, this indicates a potential upside of 26.96 percent. TMUS stock price is now -1.32% away from the 50-day moving average and -2.96% away from the 200-day moving average. The market capitalization of the company currently stands at $161.16B.
In total, 2 analysts have assigned it a hold rating, and 24 have given it a buy rating. Brokers who have rated the stock have averaged $174.55 as their price target over the next twelve months.
With the price target maintained at $160, Wolfe Research recently Upgraded its rating from Peer Perform to Outperform for T-Mobile US Inc (NASDAQ: TMUS).
In other news, Bazzano Dara, SVP & Chief Accounting Officer sold 3,953 shares of the company’s stock on Sep 13. The stock was sold for $558,796 at an average price of $141.36. Upon completion of the transaction, the SVP & Chief Accounting Officer now directly owns 10,877 shares in the company, valued at $1.49 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 11, President, Consumer Group Freier Jon sold 15,000 shares of the business’s stock. A total of $2,100,000 was realized by selling the stock at an average price of $140.00. This leaves the insider owning 175,901 shares of the company worth $24.1 million. Insiders disposed of 21,173,049 shares of company stock worth roughly $2.9 billion over the past 1 year. A total of 59.69% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in TMUS stock. A new stake in T-Mobile US Inc shares was purchased by JERICHO CAPITAL ASSET MANAGEMENT L.P. during the first quarter worth $329,068,000. CRAKE ASSET MANAGEMENT LLP invested $25,891,000 in shares of TMUS during the first quarter. In the first quarter, UNISUPER MANAGEMENT PTY LTD acquired a new stake in T-Mobile US Inc valued at approximately $25,607,000. ARDMORE ROAD ASSET MANAGEMENT LP acquired a new stake in TMUS for approximately $20,549,000. BORNITE CAPITAL MANAGEMENT LP purchased a new stake in TMUS valued at around $20,549,000 in the second quarter. In total, there are 1,719 active investors with 41.77% ownership of the company’s stock.
With an opening price of $138.41 on Friday morning, T-Mobile US Inc (NASDAQ: TMUS) set off the trading day. During the past 12 months, T-Mobile US Inc has had a low of $124.92 and a high of $154.38. As of last week, the company has a debt-to-equity ratio of 1.77, a current ratio of 0.82, and a quick ratio of 0.77. According to the stock market information, the enterprise value for the company is $267.20B, which is based on a 27.24 price-to-earnings ratio, a 0.41 price-to-earnings-growth ratio, and a beta of 0.54. The fifty day moving average price for TMUS is $138.81 and a two-hundred day moving average price translates $141.16 for the stock.
The latest earnings results from T-Mobile US Inc (NASDAQ: TMUS) was released for Jun, 2023. According to the Telecom Services Company, earnings per share came in at $1.86, beating analysts’ expectations of $1.69 by 0.17. This compares to -$0.09 EPS in the same period last year. The net profit margin was 7.82% and return on equity was 9.05% for TMUS. The company reported revenue of $19.2 billion for the quarter, compared to $19.7 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.56 percent. For the current quarter, analysts expect TMUS to generate $19.32B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 12/15/2023. Investors who held shares on 12/01/2023 were paid a $0.65 dividend. On an annualized basis, this represents a $0.52 dividend and a 0.38% percent yield. There was an ex-dividend date of 11/30/2023 for this dividend.
T-Mobile US Inc(TMUS) 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; leasing through JUMP! On Demand; and High Speed Internet services. In addition, the company offers services, devices, and accessories under the T-Mobile and Metro by T-Mobile brands through its owned and operated retail stores, T-Mobile app and customer care channels, and its websites. It also sells its devices to dealers and other third-party distributors for resale through independent third-party retail outlets and various third-party websites. The company was founded in 1994 and is headquartered in Bellevue, Washington.
