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

T-Mobile US, Inc. (NASDAQ:TMUS) has been given an average rating of “Moderate Buy” by the twenty-one ratings firms that are covering the company, Marketbeat reports. Seven equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $245.74.

A number of equities analysts recently issued reports on TMUS shares. BNP Paribas upgraded shares of T-Mobile US to a “strong-buy” rating in a research note on Friday, October 25th. Raymond James downgraded shares of T-Mobile US from an “outperform” rating to a “market perform” rating in a research note on Friday, October 25th. Scotiabank raised their price target on shares of T-Mobile US from $236.00 to $237.00 and gave the company a “sector perform” rating in a research report on Thursday, October 24th. TD Cowen upped their price objective on T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Finally, Sanford C. Bernstein initiated coverage on T-Mobile US in a report on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 target price for the company.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $218.57 on Monday. The company has a 50 day simple moving average of $227.27 and a two-hundred day simple moving average of $211.34. T-Mobile US has a fifty-two week low of $158.84 and a fifty-two week high of $248.15. The company has a market capitalization of $253.65 billion, a price-to-earnings ratio of 24.92, a P/E/G ratio of 1.08 and a beta of 0.56. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.32 by $0.29. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The business had revenue of $20.16 billion during the quarter, compared to analysts’ expectations of $20.01 billion. During the same quarter in the previous year, the business earned $1.82 earnings per share. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. Analysts expect that T-Mobile US will post 9.3 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.61%. The ex-dividend date is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is currently 40.14%.

Insider Activity

In related news, Director Raul Marcelo Claure sold 110,000 shares of T-Mobile US stock in a transaction on Monday, November 4th. The shares were sold at an average price of $224.30, for a total transaction of $24,673,000.00. Following the transaction, the director now owns 1,441,204 shares in the company, valued at approximately $323,262,057.20. The trade was a 7.09 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Nestor Cano sold 11,100 shares of the stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $230.75, for a total value of $2,561,325.00. Following the completion of the sale, the executive vice president now owns 4,400 shares of the company’s stock, valued at $1,015,300. The trade was a 71.61 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 144,200 shares of company stock valued at $32,736,303 in the last ninety days. Corporate insiders own 0.67% of the company’s stock.

Hedge Funds Weigh In On T-Mobile US

A number of hedge funds have recently made changes to their positions in TMUS. DT Investment Partners LLC boosted its stake in T-Mobile US by 65.3% in the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 47 shares during the period. Dunhill Financial LLC lifted its holdings in shares of T-Mobile US by 76.7% in the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after buying an additional 56 shares in the last quarter. MFA Wealth Advisors LLC boosted its position in shares of T-Mobile US by 128.3% during the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 77 shares during the last quarter. Financial Life Planners purchased a new position in T-Mobile US during the fourth quarter valued at $29,000. Finally, Legacy Investment Solutions LLC bought a new stake in T-Mobile US in the 3rd quarter valued at $34,000. Institutional investors own 42.49% of the company’s stock.

About T-Mobile US

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.