T-Mobile US, Inc. (NASDAQ:TMUS) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of T-Mobile US, Inc. (NASDAQ:TMUS) have earned an average rating of “Moderate Buy” from the thirty-two research firms that are currently covering the stock, Marketbeat reports. Eleven investment analysts have rated the stock with a hold recommendation, eighteen have given a buy recommendation and three have given a strong buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $262.1667.

Several research firms have issued reports on TMUS. Rothschild Redb raised shares of T-Mobile US to a “hold” rating in a research report on Tuesday, September 30th. Scotiabank lifted their price target on shares of T-Mobile US from $271.50 to $278.00 and gave the company a “sector outperform” rating in a research note on Monday, October 6th. Royal Bank Of Canada reiterated a “buy” rating on shares of T-Mobile US in a report on Friday, October 24th. Weiss Ratings reissued a “buy (b-)” rating on shares of T-Mobile US in a research note on Monday. Finally, Tigress Financial lifted their target price on T-Mobile US from $305.00 to $310.00 and gave the company a “buy” rating in a research report on Tuesday, November 11th.

Insider Buying and Selling

In other news, insider Michael J. Katz sold 2,500 shares of the stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $215.91, for a total transaction of $539,775.00. Following the transaction, the insider directly owned 156,203 shares in the company, valued at approximately $33,725,789.73. This trade represents a 1.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Letitia A. Long sold 1,457 shares of T-Mobile US stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $210.32, for a total transaction of $306,436.24. Following the transaction, the director directly owned 5,438 shares in the company, valued at approximately $1,143,720.16. The trade was a 21.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,043,868 shares of company stock valued at $238,762,618 over the last quarter. 0.37% of the stock is owned by company insiders.

Institutional Trading of T-Mobile US

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Weaver Capital Management LLC grew its holdings in T-Mobile US by 0.6% in the second quarter. Weaver Capital Management LLC now owns 6,737 shares of the Wireless communications provider’s stock worth $1,605,000 after purchasing an additional 42 shares during the period. Haven Private LLC boosted its position in shares of T-Mobile US by 1.3% during the 2nd quarter. Haven Private LLC now owns 3,186 shares of the Wireless communications provider’s stock worth $759,000 after purchasing an additional 42 shares in the last quarter. Bank of Stockton boosted its position in shares of T-Mobile US by 1.2% during the 2nd quarter. Bank of Stockton now owns 3,802 shares of the Wireless communications provider’s stock worth $906,000 after purchasing an additional 44 shares in the last quarter. Richardson Financial Services Inc. grew its stake in shares of T-Mobile US by 0.9% in the 2nd quarter. Richardson Financial Services Inc. now owns 4,899 shares of the Wireless communications provider’s stock valued at $1,183,000 after buying an additional 45 shares during the period. Finally, Cetera Trust Company N.A increased its position in T-Mobile US by 0.4% in the 2nd quarter. Cetera Trust Company N.A now owns 12,018 shares of the Wireless communications provider’s stock valued at $2,863,000 after buying an additional 45 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Performance

TMUS stock opened at $199.38 on Thursday. T-Mobile US has a twelve month low of $194.01 and a twelve month high of $276.49. The firm has a market cap of $223.01 billion, a price-to-earnings ratio of 19.17, a PEG ratio of 1.27 and a beta of 0.44. The business’s fifty day simple moving average is $212.03 and its two-hundred day simple moving average is $229.71. The company has a quick ratio of 0.80, a current ratio of 0.89 and a debt-to-equity ratio of 1.37.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.40 by $0.01. The firm had revenue of $21.96 billion during the quarter, compared to analyst estimates of $21.61 billion. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. The business’s revenue was up 8.9% on a year-over-year basis. During the same period in the previous year, the firm earned $2.61 earnings per share. Analysts predict that T-Mobile US will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Friday, February 27th will be issued a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Friday, February 27th. T-Mobile US’s payout ratio is presently 39.23%.

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.