T-Mobile US Inc (NASDAQ:TMUS) shares traded 0.19% higher at $160.69 on Wall Street last session.
TMUS stock price is now -1.08% away from the 50-day moving average and 7.29% away from the 200-day moving average. The market capitalization of the company currently stands at $190.72B.
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). On February 06, 2023, MoffettNathanson Downgraded its previous ‘Outperform’ rating to ‘Market Perform’ on the stock keeping its target price maintained at $174, while ‘Wolfe Research’ rates the stock as ‘Peer Perform’
In other news, DEUTSCHE TELEKOM AG, Director sold 189,670 shares of the company’s stock on Apr 11 ’24. The stock was sold for $30,431,723 at an average price of $160.45. Upon completion of the transaction, the Director now directly owns 680,117,043 shares in the company, valued at $109.29 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 10 ’24, Director DEUTSCHE TELEKOM AG sold 170,903 shares of the business’s stock. A total of $27,335,365 was realized by selling the stock at an average price of $159.95. This leaves the insider owning 680,306,713 shares of the company worth $109.32 billion. A total of 62.94% of the company’s stock is owned by insiders.
During the past 12 months, T-Mobile US Inc has had a low of $124.92 and a high of $168.64. As of last week, the company has a debt-to-equity ratio of 1.75, a current ratio of 0.91, and a quick ratio of 0.83. According to the stock market information, the enterprise value for the company is $298.62B, which is based on a 23.16 price-to-earnings ratio, a 0.91 price-to-earnings-growth ratio, and a beta of 0.49. The fifty day moving average price for TMUS is $162.42 and a two-hundred day moving average price translates $149.90 for the stock.
The latest earnings results from T-Mobile US Inc (NASDAQ: TMUS) was released for Dec, 2023. According to the Telecom Services Company, earnings per share came in at $1.67, missing analysts’ expectations of $1.9 by -0.23. This compares to $1.18 EPS in the same period last year. The net profit margin was 10.59% and return on equity was 12.38% for TMUS. The company reported revenue of $20.48 billion for the quarter, compared to $20.27 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.01 percent. For the current quarter, analysts expect TMUS to generate $19.84B in revenue.
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; reinsurance for device insurance policies and extended warranty contracts; 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.
