Stocks of T-Mobile US Inc (NASDAQ:TMUS) traded higher last session on Wall Street, down -0.33% to $234.37.
TMUS stock price is now 3.07% away from the 50-day moving average and 17.45% away from the 200-day moving average. The market capitalization of the company currently stands at $271.98B.
With the price target reduced from $240 to $220, Wells Fargo Downgraded its rating from Overweight to Equal Weight for T-Mobile US Inc (NASDAQ: TMUS). On January 06, 2025, RBC Capital Mkts Downgraded its previous ‘Outperform’ rating to ‘Sector Perform’ on the stock reducing its target price from $255 to quote $240, while ‘Morgan Stanley’ rates the stock as ‘Overweight’
In other news, Almeida Andre, Director bought 3,808 shares of the company’s stock on Dec 09 ’24. The stock was bought for $897,528 at an average price of $235.72. Upon completion of the transaction, the Director now directly owns 3,808 shares in the company, valued at $0.89 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 13 ’24, Director Long Letitia A sold 1,100 shares of the business’s stock. A total of $254,188 was realized by selling the stock at an average price of $231.08. This leaves the insider owning 5,653 shares of the company worth $1.32 million. A total of 58.46% of the company’s stock is owned by insiders.
During the past 12 months, T-Mobile US Inc has had a low of $158.84 and a high of $248.15. As of last week, the company has a debt-to-equity ratio of 1.81, a current ratio of 1.08, and a quick ratio of 0.99. According to the stock market information, the enterprise value for the company is $363986026496, which is based on a 24.23 price-to-earnings ratio, a 1.51 price-to-earnings-growth ratio, and a beta of 0.56. The fifty day moving average price for TMUS is $227.4596 and a two-hundred day moving average price translates $199.1749 for the stock.
The latest earnings results from T-Mobile US Inc (NASDAQ: TMUS) was released for 2024-09-30. The net profit margin was 13.93% and return on equity was 16.09% for TMUS. The company reported revenue of $20.16 billion for the quarter, compared to $19.25 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.73 percent.
