T-Mobile US, Inc. (NASDAQ:TMUS) Receives Consensus Rating of “Moderate Buy” from Brokerages

T-Mobile US, Inc. (NASDAQ:TMUS) has received an average rating of “Moderate Buy” from the twenty-one ratings firms that are presently covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation, fifteen have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $247.58.

Several brokerages have weighed in on TMUS. Tigress Financial boosted their price objective on T-Mobile US from $235.00 to $280.00 and gave the stock a “buy” rating in a research note on Monday, December 2nd. Wells Fargo & Company increased their price target on T-Mobile US from $230.00 to $240.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. KeyCorp lowered shares of T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price objective for the company. in a research note on Thursday, December 12th. UBS Group increased their target price on shares of T-Mobile US from $210.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Finally, Morgan Stanley assumed coverage on shares of T-Mobile US in a research note on Monday, December 16th. They set an “overweight” rating and a $280.00 price target for the company.

T-Mobile US Stock Up 0.6 %

NASDAQ TMUS opened at $223.01 on Thursday. The stock has a 50 day moving average price of $231.87 and a 200-day moving average price of $205.61. T-Mobile US has a one year low of $153.84 and a one year high of $248.15. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. The company has a market capitalization of $258.80 billion, a P/E ratio of 25.43, a P/E/G ratio of 1.18 and a beta of 0.53.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, beating the consensus estimate of $2.32 by $0.29. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The business had revenue of $20.16 billion during the quarter, compared to analyst estimates of $20.01 billion. During the same quarter last year, the business earned $1.82 earnings per share. T-Mobile US’s quarterly revenue was up 4.7% compared to the same quarter last year. As a group, equities analysts predict that T-Mobile US will post 9.38 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be issued a $0.88 dividend. The ex-dividend date is Friday, February 28th. This represents a $3.52 annualized dividend and a dividend yield of 1.58%. T-Mobile US’s payout ratio is currently 40.14%.

Insiders Place Their Bets

In other news, insider Michael J. Katz sold 3,000 shares of the business’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $205.30, for a total value of $615,900.00. Following the completion of the transaction, the insider now directly owns 119,687 shares of the company’s stock, valued at approximately $24,571,741.10. The trade was a 2.45 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Mark Wolfe Nelson sold 42,769 shares of the firm’s stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $216.26, for a total value of $9,249,223.94. Following the sale, the executive vice president now directly owns 61,871 shares in the company, valued at approximately $13,380,222.46. The trade was a 40.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 209,969 shares of company stock worth $47,272,427 in the last three months. Corporate insiders own 0.67% of the company’s stock.

Institutional Investors Weigh In On T-Mobile US

A number of hedge funds and other institutional investors have recently bought and sold shares of TMUS. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of T-Mobile US by 6.5% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 38,439 shares of the Wireless communications provider’s stock valued at $6,772,000 after purchasing an additional 2,355 shares during the last quarter. HB Wealth Management LLC grew its stake in shares of T-Mobile US by 45.1% during the second quarter. HB Wealth Management LLC now owns 10,638 shares of the Wireless communications provider’s stock worth $1,874,000 after acquiring an additional 3,309 shares during the last quarter. Whittier Trust Co. increased its holdings in shares of T-Mobile US by 3.6% during the second quarter. Whittier Trust Co. now owns 6,013 shares of the Wireless communications provider’s stock valued at $1,059,000 after acquiring an additional 207 shares in the last quarter. Arkadios Wealth Advisors purchased a new position in shares of T-Mobile US in the 2nd quarter valued at approximately $667,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in T-Mobile US in the 2nd quarter worth approximately $30,000. Hedge funds and other 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.