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

T-Mobile US, Inc. (NASDAQ:TMUS) has been given an average recommendation of “Buy” by the fifteen analysts that are presently covering the firm, MarketBeat.com reports. Fourteen analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $190.79.

A number of equities analysts recently issued reports on the company. Oppenheimer reiterated an “outperform” rating and issued a $190.00 target price on shares of T-Mobile US in a report on Wednesday, April 3rd. Benchmark reiterated a “buy” rating and issued a $200.00 target price on shares of T-Mobile US in a report on Wednesday, May 29th. TD Cowen cut their target price on T-Mobile US from $204.00 to $202.00 and set a “buy” rating on the stock in a report on Friday, April 26th. StockNews.com cut T-Mobile US from a “buy” rating to a “hold” rating in a report on Wednesday. Finally, The Goldman Sachs Group started coverage on T-Mobile US in a report on Monday. They issued a “buy” rating and a $200.00 target price on the stock.

T-Mobile US Price Performance

T-Mobile US stock opened at $178.46 on Thursday. The stock has a market capitalization of $209.13 billion, a price-to-earnings ratio of 24.28, a PEG ratio of 0.69 and a beta of 0.51. T-Mobile US has a 52-week low of $131.47 and a 52-week high of $182.67. The stock’s 50 day moving average price is $170.51 and its two-hundred day moving average price is $164.86. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.17. The firm had revenue of $19.59 billion for the quarter, compared to analysts’ expectations of $19.81 billion. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The company’s revenue for the quarter was down .2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.58 EPS. On average, equities analysts predict that T-Mobile US will post 9.01 earnings per share for the current year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Friday, August 30th will be given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 1.46%. The ex-dividend date of this dividend is Friday, August 30th. T-Mobile US’s dividend payout ratio is presently 35.37%.

Insider Activity

In related news, Director Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock in a transaction dated Friday, April 5th. The stock was sold at an average price of $161.41, for a total value of $30,614,634.70. Following the completion of the sale, the director now owns 680,857,456 shares of the company’s stock, valued at approximately $109,897,201,972.96. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, Director Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock in a transaction dated Friday, April 5th. The stock was sold at an average price of $161.41, for a total value of $30,614,634.70. Following the completion of the sale, the director now owns 680,857,456 shares of the company’s stock, valued at approximately $109,897,201,972.96. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Dara Bazzano sold 4,300 shares of the firm’s stock in a transaction dated Thursday, June 6th. The stock was sold at an average price of $179.78, for a total value of $773,054.00. Following the completion of the transaction, the chief accounting officer now owns 6,202 shares of the company’s stock, valued at approximately $1,114,995.56. The disclosure for this sale can be found here. Insiders sold a total of 6,399,830 shares of company stock valued at $1,071,720,246 in the last ninety days. 0.67% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Everence Capital Management Inc. boosted its position in shares of T-Mobile US by 25.9% during the 2nd quarter. Everence Capital Management Inc. now owns 11,270 shares of the Wireless communications provider’s stock valued at $1,850,000 after acquiring an additional 2,320 shares during the last quarter. Massmutual Trust Co. FSB ADV boosted its position in shares of T-Mobile US by 8.5% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 1,608 shares of the Wireless communications provider’s stock valued at $283,000 after acquiring an additional 126 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of T-Mobile US by 41.4% during the 2nd quarter. GAMMA Investing LLC now owns 7,240 shares of the Wireless communications provider’s stock valued at $1,276,000 after acquiring an additional 2,120 shares during the last quarter. Transcend Capital Advisors LLC boosted its position in shares of T-Mobile US by 29.4% during the 2nd quarter. Transcend Capital Advisors LLC now owns 2,110 shares of the Wireless communications provider’s stock valued at $372,000 after acquiring an additional 479 shares during the last quarter. Finally, Neville Rodie & Shaw Inc. boosted its position in shares of T-Mobile US by 1.3% during the 2nd quarter. Neville Rodie & Shaw Inc. now owns 28,225 shares of the Wireless communications provider’s stock valued at $4,973,000 after acquiring an additional 360 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

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 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.