T-Mobile US Inc (NASDAQ:TMUS) insider Thomas Christopher Keys sold 25,000 shares of the stock in a transaction dated Friday, March 9th. The shares were sold at an average price of $65.50, for a total transaction of $1,637,500.00. Following the completion of the sale, the insider now owns 406,883 shares of the company’s stock, valued at approximately $26,650,836.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
T-Mobile US Inc (TMUS) opened at $64.78 on Thursday. The firm has a market cap of $55,520.00, a PE ratio of 12.46, a PEG ratio of 0.84 and a beta of 0.38. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.77 and a quick ratio of 0.64. T-Mobile US Inc has a 12 month low of $54.60 and a 12 month high of $68.88.
T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Thursday, February 8th. The Wireless communications provider reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.11. The firm had revenue of $10.76 billion during the quarter, compared to the consensus estimate of $10.84 billion. T-Mobile US had a net margin of 11.19% and a return on equity of 9.60%. The company’s revenue was up 5.1% on a year-over-year basis. During the same quarter last year, the company earned $0.45 earnings per share. equities research analysts expect that T-Mobile US Inc will post 3.4 EPS for the current fiscal year.
Institutional investors and hedge funds have recently bought and sold shares of the company. Rational Advisors LLC bought a new position in shares of T-Mobile US in the third quarter valued at approximately $105,000. Cerebellum GP LLC bought a new position in shares of T-Mobile US in the fourth quarter valued at approximately $127,000. Capital Bank & Trust Co boosted its position in shares of T-Mobile US by 3,128.6% in the third quarter. Capital Bank & Trust Co now owns 2,260 shares of the Wireless communications provider’s stock valued at $139,000 after acquiring an additional 2,190 shares during the period. Opera Trading Capital bought a new position in shares of T-Mobile US in the third quarter valued at approximately $154,000. Finally, Prime Capital Investment Advisors LLC bought a new position in shares of T-Mobile US in the fourth quarter valued at approximately $184,000. Hedge funds and other institutional investors own 35.68% of the company’s stock.
TMUS has been the subject of several analyst reports. HSBC upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating in a report on Tuesday, November 21st. Moffett Nathanson upgraded shares of T-Mobile US from a “neutral” rating to a “buy” rating in a report on Monday, November 27th. Jefferies Group reiterated a “top pick” rating and issued a $62.78 target price (down previously from $72.00) on shares of T-Mobile US in a report on Tuesday, November 28th. Deutsche Bank raised their price objective on shares of T-Mobile US to $72.00 and gave the stock a “buy” rating in a report on Monday, December 11th. Finally, Morgan Stanley raised their price objective on shares of T-Mobile US from $72.00 to $74.00 and gave the stock an “overweight” rating in a report on Wednesday, December 13th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, nineteen have issued a buy rating and four have issued a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $70.65.
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 U.S. Virgin Islands. The company offers voice, messaging, and data services to approximately 71 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.
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