Analysts Set T-Mobile US, Inc. (NASDAQ:TMUS) Price Target at $190.79

Shares of T-Mobile US, Inc. (NASDAQ:TMUS) have been assigned a consensus rating of “Buy” from the fifteen ratings firms that are covering the stock, Marketbeat.com reports. Fourteen equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $190.79.

TMUS has been the topic of several research reports. Citigroup raised their price objective on T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a report on Monday, March 25th. TD Cowen lowered their price target 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 lowered T-Mobile US from a “buy” rating to a “hold” rating in a report on Wednesday, July 3rd. Oppenheimer reissued an “outperform” rating and set a $190.00 price target on shares of T-Mobile US in a report on Wednesday, April 3rd. Finally, Bank of America raised their price target on T-Mobile US from $175.00 to $195.00 and gave the stock a “buy” rating in a report on Monday, June 10th.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $180.52 on Thursday. The stock’s 50-day moving average is $172.29 and its two-hundred day moving average is $165.79. The firm has a market cap of $211.54 billion, a price-to-earnings ratio of 24.56, a PEG ratio of 0.70 and a beta of 0.51. T-Mobile US has a 1 year low of $131.47 and a 1 year high of $182.67. 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 issued its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.17. The company had revenue of $19.59 billion for the quarter, compared to analyst estimates of $19.81 billion. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The business’s quarterly revenue was down .2% compared to the same quarter last year. During the same quarter last year, the company posted $1.58 earnings per share. Analysts predict that T-Mobile US will post 9.02 earnings per share for the current year.

T-Mobile US Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Friday, August 30th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.44%. T-Mobile US’s payout ratio is 35.37%.

Insider Activity

In other news, Director Telekom Ag Deutsche sold 170,703 shares of T-Mobile US stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $160.24, for a total transaction of $27,353,448.72. Following the completion of the sale, the director now directly owns 679,776,137 shares in the company, valued at approximately $108,927,328,192.88. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, CFO Peter Osvaldik sold 10,000 shares of T-Mobile US stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of $180.98, for a total transaction of $1,809,800.00. Following the completion of the sale, the chief financial officer now directly owns 81,307 shares in the company, valued at approximately $14,714,940.86. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Telekom Ag Deutsche sold 170,703 shares of T-Mobile US stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $160.24, for a total transaction of $27,353,448.72. Following the sale, the director now owns 679,776,137 shares of the company’s stock, valued at $108,927,328,192.88. The disclosure for this sale can be found here. In the last three months, insiders sold 5,849,587 shares of company stock worth $983,194,872. Company insiders own 0.67% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of TMUS. Lazard Asset Management LLC raised its position in shares of T-Mobile US by 46.9% during the 3rd quarter. Lazard Asset Management LLC now owns 19,126 shares of the Wireless communications provider’s stock worth $2,678,000 after purchasing an additional 6,110 shares during the last quarter. Glenmede Trust Co. NA raised its position in shares of T-Mobile US by 26.0% during the 3rd quarter. Glenmede Trust Co. NA now owns 9,797 shares of the Wireless communications provider’s stock worth $1,372,000 after purchasing an additional 2,022 shares during the last quarter. Axxcess Wealth Management LLC acquired a new position in shares of T-Mobile US during the 3rd quarter worth approximately $443,000. Evergreen Capital Management LLC raised its holdings in T-Mobile US by 65.1% in the 3rd quarter. Evergreen Capital Management LLC now owns 3,376 shares of the Wireless communications provider’s stock valued at $473,000 after acquiring an additional 1,331 shares during the last quarter. Finally, Royal London Asset Management Ltd. raised its holdings in T-Mobile US by 0.7% in the 3rd quarter. Royal London Asset Management Ltd. now owns 212,342 shares of the Wireless communications provider’s stock valued at $29,732,000 after acquiring an additional 1,504 shares during the last quarter. 42.49% of the stock is currently 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.