T-Mobile US, Inc. (NASDAQ:TMUS) Receives $205.69 Consensus Price Target from Brokerages

T-Mobile US, Inc. (NASDAQ:TMUS) has earned an average recommendation of “Buy” from the nineteen research firms that are covering the firm, Marketbeat.com reports. Seventeen equities research analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $210.25.

TMUS has been the topic of several recent analyst reports. Oppenheimer boosted their price target on T-Mobile US from $200.00 to $215.00 and gave the stock an “outperform” rating in a research note on Thursday. Bank of America increased their target price on T-Mobile US from $175.00 to $195.00 and gave the company a “buy” rating in a research note on Monday, June 10th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of T-Mobile US from $185.00 to $200.00 and gave the stock a “buy” rating in a research note on Thursday, July 18th. Wells Fargo & Company raised their price objective on shares of T-Mobile US from $200.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, September 12th. Finally, Morgan Stanley upped their target price on shares of T-Mobile US from $191.00 to $209.00 and gave the company an “overweight” rating in a research note on Monday.

T-Mobile US Stock Performance

T-Mobile US stock opened at $199.64 on Tuesday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.78 and a current ratio of 0.84. T-Mobile US has a one year low of $135.82 and a one year high of $206.30. The stock’s 50 day moving average price is $191.90 and its 200 day moving average price is $176.21. The firm has a market capitalization of $233.95 billion, a PE ratio of 27.16, a price-to-earnings-growth ratio of 0.74 and a beta of 0.51.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 earnings per share for the quarter, beating analysts’ consensus estimates of $2.27 by $0.22. T-Mobile US had a net margin of 11.95% and a return on equity of 14.88%. The business had revenue of $19.77 billion during the quarter, compared to analyst estimates of $19.61 billion. During the same period last year, the business earned $1.86 EPS. The business’s revenue was up 3.0% on a year-over-year basis. As a group, sell-side analysts expect that T-Mobile US will post 9.18 EPS for the current fiscal year.

Insider Activity at T-Mobile US

In other T-Mobile US news, Director Raul Marcelo Claure sold 132,309 shares of the business’s stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $196.74, for a total transaction of $26,030,472.66. Following the completion of the transaction, the director now owns 1,551,204 shares in the company, valued at approximately $305,183,874.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other T-Mobile US news, Director Raul Marcelo Claure sold 132,309 shares of the business’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $196.74, for a total transaction of $26,030,472.66. Following the sale, the director now directly owns 1,551,204 shares in the company, valued at approximately $305,183,874.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Telekom Ag Deutsche sold 133,461 shares of the stock in a transaction that occurred on Wednesday, June 26th. The shares were sold at an average price of $175.86, for a total transaction of $23,470,451.46. Following the completion of the transaction, the director now owns 670,545,206 shares of the company’s stock, valued at $117,922,079,927.16. The disclosure for this sale can be found here. Insiders have sold a total of 706,875 shares of company stock worth $130,909,198 in the last three months. 0.67% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of TMUS. Wellington Management Group LLP boosted its position in shares of T-Mobile US by 200.0% during the 4th quarter. Wellington Management Group LLP now owns 6,362,601 shares of the Wireless communications provider’s stock valued at $1,020,116,000 after purchasing an additional 4,241,877 shares in the last quarter. Putnam Investments LLC grew its position in T-Mobile US by 74.6% in the fourth quarter. Putnam Investments LLC now owns 3,939,221 shares of the Wireless communications provider’s stock worth $631,575,000 after buying an additional 1,682,743 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of T-Mobile US by 3.8% in the first quarter. Vanguard Group Inc. now owns 45,042,339 shares of the Wireless communications provider’s stock valued at $7,351,811,000 after buying an additional 1,667,778 shares in the last quarter. Clearbridge Investments LLC lifted its position in shares of T-Mobile US by 18.8% during the 1st quarter. Clearbridge Investments LLC now owns 3,652,486 shares of the Wireless communications provider’s stock valued at $596,159,000 after acquiring an additional 578,348 shares during the last quarter. Finally, Capital International Investors lifted its position in shares of T-Mobile US by 27.1% during the 4th quarter. Capital International Investors now owns 2,660,314 shares of the Wireless communications provider’s stock valued at $426,528,000 after acquiring an additional 567,390 shares during the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

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.