T-Mobile US, Inc. (NASDAQ:TMUS) Receives $254.56 Consensus PT from Analysts

Shares of T-Mobile US, Inc. (NASDAQ:TMUS) have been assigned a consensus recommendation of “Moderate Buy” from the thirty ratings firms that are presently covering the company, Marketbeat.com reports. Seven equities research analysts have rated the stock with a hold recommendation, twenty-two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $252.88.

A number of research analysts have commented on TMUS shares. Bank of America upgraded shares of T-Mobile US from a “neutral” rating to a “buy” rating and set a $220.00 price target for the company in a research note on Monday, July 6th. Wall Street Zen upgraded T-Mobile US from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Sanford C. Bernstein reissued a “neutral” rating on shares of T-Mobile US in a report on Wednesday, April 22nd. KeyCorp dropped their target price on T-Mobile US from $260.00 to $250.00 and set an “overweight” rating for the company in a report on Friday. Finally, Benchmark cut their target price on T-Mobile US from $295.00 to $280.00 and set a “buy” rating for the company in a research report on Friday.

Insiders Place Their Bets

In other T-Mobile US news, insider Michael J. Katz sold 5,000 shares of T-Mobile US stock in a transaction on Friday, May 1st. The stock was sold at an average price of $195.81, for a total transaction of $979,050.00. Following the completion of the transaction, the insider directly owned 181,930 shares of the company’s stock, valued at approximately $35,623,713.30. This trade represents a 2.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Jon Freier sold 4,799 shares of the business’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $190.00, for a total transaction of $911,810.00. Following the completion of the sale, the chief operating officer owned 217,168 shares in the company, valued at $41,261,920. This represents a 2.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.32% of the company’s stock.

Hedge Funds Weigh In On T-Mobile US

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TMUS. Ballast Inc. raised its stake in shares of T-Mobile US by 37.0% in the second quarter. Ballast Inc. now owns 8,367 shares of the Wireless communications provider’s stock valued at $1,403,000 after acquiring an additional 2,258 shares during the last quarter. Wedge Capital Management L L P NC grew its position in T-Mobile US by 0.6% during the 2nd quarter. Wedge Capital Management L L P NC now owns 80,474 shares of the Wireless communications provider’s stock worth $13,498,000 after acquiring an additional 483 shares during the last quarter. Accel Wealth Management acquired a new stake in T-Mobile US during the 2nd quarter valued at $245,000. Heck Capital Advisors LLC raised its position in T-Mobile US by 47.1% in the 2nd quarter. Heck Capital Advisors LLC now owns 4,338 shares of the Wireless communications provider’s stock valued at $728,000 after purchasing an additional 1,388 shares during the last quarter. Finally, Tema ETFs LLC boosted its stake in T-Mobile US by 24.6% in the second quarter. Tema ETFs LLC now owns 9,314 shares of the Wireless communications provider’s stock worth $1,562,000 after purchasing an additional 1,837 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $180.09 on Friday. The firm has a fifty day moving average of $184.53 and a 200-day moving average of $195.62. The stock has a market cap of $193.18 billion, a price-to-earnings ratio of 18.86, a P/E/G ratio of 1.06 and a beta of 0.33. T-Mobile US has a 52-week low of $165.66 and a 52-week high of $261.56. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.83 and a current ratio of 0.92.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share for the quarter, beating the consensus estimate of $2.59 by $0.40. The business had revenue of $22.79 billion for the quarter, compared to analyst estimates of $22.95 billion. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. The firm’s revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the business earned $2.84 EPS. On average, equities research analysts forecast that T-Mobile US will post 10.65 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 28th will be paid a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, August 28th. T-Mobile US’s dividend payout ratio is currently 42.72%.

More T-Mobile US News

Here are the key news stories impacting T-Mobile US this week:

• Positive Sentiment: T-Mobile beat second-quarter profit expectations, with adjusted EPS of $2.99, helped by strong service revenue and customers moving to higher-priced premium plans.
• Positive Sentiment: The company raised its full-year free cash flow outlook, which is a key bullish signal for investors because it supports dividends, buybacks, and financial flexibility.
• Positive Sentiment: T-Mobile continued its share repurchase program, including a multibillion-dollar buyback tranche, reinforcing management’s confidence in cash generation.
• Positive Sentiment: Several analysts remain constructive even after trimming price targets, with multiple firms still rating the stock Buy or Overweight.

About T-Mobile US

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.