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

Shares of T-Mobile US, Inc. (NASDAQ:TMUS) have earned a consensus rating of “Moderate Buy” from the twenty-three analysts that are currently covering the firm, Marketbeat reports. Ten equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $254.80.

A number of equities analysts recently commented on the company. Barclays lifted their price target on T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. Hsbc Global Res cut T-Mobile US from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 5th. Sanford C. Bernstein assumed coverage on T-Mobile US in a report on Tuesday, December 10th. They set a “market perform” rating and a $265.00 price target for the company. Citigroup downgraded shares of T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 price objective for the company. in a research report on Friday. Finally, Tigress Financial restated a “buy” rating on shares of T-Mobile US in a research report on Wednesday, February 26th.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $260.17 on Tuesday. The stock has a market capitalization of $297.05 billion, a price-to-earnings ratio of 26.90, a PEG ratio of 1.55 and a beta of 0.64. The business has a 50-day moving average of $244.62 and a 200-day moving average of $229.13. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. T-Mobile US has a fifty-two week low of $158.84 and a fifty-two week high of $276.49.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. As a group, sell-side analysts predict that T-Mobile US will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be given a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a yield of 1.35%. T-Mobile US’s dividend payout ratio is currently 36.40%.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the business’s stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the transaction, the director now directly owns 3,291 shares in the company, valued at $865,533. The trade was a 18.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.67% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Rakuten Securities Inc. grew its stake in shares of T-Mobile US by 93.9% during the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 62 shares during the last quarter. Dunhill Financial LLC grew its stake in shares of T-Mobile US by 76.7% during the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after buying an additional 56 shares during the last quarter. CoreFirst Bank & Trust bought a new stake in shares of T-Mobile US during the fourth quarter worth $28,000. Financial Life Planners bought a new stake in shares of T-Mobile US during the fourth quarter worth $29,000. Finally, Legacy Investment Solutions LLC bought a new stake in shares of T-Mobile US during the third quarter worth $34,000. 42.49% of the stock is currently owned by institutional investors and hedge funds.

About T-Mobile US

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.