T-Mobile US, Inc. (NASDAQ:TMUS)‘s stock had its “buy” rating reaffirmed by Jefferies Group in a report released on Tuesday. They presently have a $59.00 price target on the stock. Jefferies Group’s price objective suggests a potential upside of 0.44% from the company’s current price.
Other equities analysts have also recently issued reports about the stock. Vetr raised shares of T-Mobile US from a “hold” rating to a “buy” rating and set a $48.53 target price for the company in a research note on Monday, September 12th. Moffett Nathanson cut shares of T-Mobile US from a “buy” rating to a “neutral” rating in a research note on Tuesday. Robert W. Baird reaffirmed a “neutral” rating on shares of T-Mobile US in a research note on Wednesday, September 14th. FBR & Co raised their target price on shares of T-Mobile US from $48.00 to $54.00 and gave the company a “mkt perform” rating in a research note on Tuesday, October 25th. Finally, Nomura reaffirmed a “neutral” rating and set a $46.00 target price on shares of T-Mobile US in a research note on Sunday. Eight investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. T-Mobile US presently has an average rating of “Buy” and an average target price of $50.75.
T-Mobile US (NASDAQ:TMUS) traded up 3.65% during mid-day trading on Tuesday, reaching $58.74. 5,458,290 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $56.52 and a 200-day moving average price of $48.97. The stock has a market capitalization of $48.40 billion, a PE ratio of 37.20 and a beta of 0.68. T-Mobile US has a 12-month low of $33.23 and a 12-month high of $59.46.
T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Monday, October 24th. The company reported $0.27 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.05. The company earned $9.20 million during the quarter, compared to analysts’ expectations of $9.45 billion. T-Mobile US had a net margin of 3.87% and a return on equity of 7.21%. T-Mobile US’s quarterly revenue was up 17.8% on a year-over-year basis. During the same period last year, the company posted $0.15 earnings per share. Equities research analysts expect that T-Mobile US will post $1.53 EPS for the current year.
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In other news, Director W Michael Barnes sold 22,500 shares of the business’s stock in a transaction dated Friday, December 30th. The shares were sold at an average price of $57.86, for a total value of $1,301,850.00. Following the completion of the sale, the director now owns 113,267 shares in the company, valued at approximately $6,553,628.62. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.30% of the stock is currently owned by insiders.
Large investors have recently bought and sold shares of the stock. DIAM Co. Ltd. raised its stake in T-Mobile US by 16.9% in the third quarter. DIAM Co. Ltd. now owns 186,903 shares of the company’s stock valued at $8,692,000 after buying an additional 27,087 shares in the last quarter. Emerald Acquisition Ltd. raised its stake in T-Mobile US by 37.0% in the third quarter. Emerald Acquisition Ltd. now owns 780,913 shares of the company’s stock valued at $36,485,000 after buying an additional 210,809 shares in the last quarter. Teachers Advisors LLC raised its stake in T-Mobile US by 1.6% in the third quarter. Teachers Advisors LLC now owns 1,499,747 shares of the company’s stock valued at $70,068,000 after buying an additional 23,793 shares in the last quarter. Strs Ohio raised its stake in T-Mobile US by 15.6% in the third quarter. Strs Ohio now owns 924,857 shares of the company’s stock valued at $43,209,000 after buying an additional 125,122 shares in the last quarter. Finally, Morgan Stanley raised its stake in T-Mobile US by 18.4% in the third quarter. Morgan Stanley now owns 5,116,660 shares of the company’s stock valued at $239,050,000 after buying an additional 793,406 shares in the last quarter. Institutional investors and hedge funds own 34.25% of the company’s stock.
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