T-Mobile US, Inc. (NASDAQ:TMUS) – Investment analysts at FBR & Co decreased their FY2016 earnings per share estimates for T-Mobile US in a report issued on Wednesday. FBR & Co analyst D. Dixon now forecasts that the firm will earn $1.52 per share for the year, down from their previous estimate of $1.64. FBR & Co currently has a “Outperform” rating and a $55.00 target price on the stock. FBR & Co also issued estimates for T-Mobile US’s Q4 2016 earnings at $0.28 EPS and FY2017 earnings at $1.81 EPS.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Monday, October 24th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.05. The firm had revenue of $9.20 million for the quarter, compared to analysts’ expectations of $9.45 billion. T-Mobile US had a net margin of 3.87% and a return on equity of 7.21%. The business’s revenue was up 17.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.15 EPS.

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Earnings History and Estimates for T-Mobile US (NASDAQ:TMUS)

A number of other research analysts have also recently weighed in on TMUS. BTIG Research reaffirmed a “buy” rating and issued a $65.00 price objective (up previously from $56.00) on shares of T-Mobile US in a report on Thursday. RBC Capital Markets reaffirmed a “buy” rating and issued a $67.00 price objective on shares of T-Mobile US in a report on Thursday. Argus reaffirmed a “buy” rating on shares of T-Mobile US in a report on Wednesday. Jefferies Group reaffirmed a “buy” rating and issued a $59.00 price objective on shares of T-Mobile US in a report on Tuesday. Finally, Moffett Nathanson cut shares of T-Mobile US from a “buy” rating to a “neutral” rating in a report on Tuesday. Eight equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $52.18.

Shares of T-Mobile US (NASDAQ:TMUS) opened at 57.19 on Thursday. The stock has a market capitalization of $47.13 billion, a PE ratio of 36.22 and a beta of 0.68. The stock’s 50 day moving average is $56.52 and its 200 day moving average is $48.97. T-Mobile US has a 12 month low of $33.23 and a 12 month high of $59.46.

In related news, Director W Michael Barnes sold 22,500 shares of the company’s stock in a transaction that occurred on Friday, December 30th. The shares were sold at an average price of $57.86, for a total transaction of $1,301,850.00. Following the sale, the director now directly owns 113,267 shares of the company’s stock, valued at approximately $6,553,628.62. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.30% of the stock is currently owned by insiders.

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Large investors have recently made changes to their positions in the company. Carmignac Gestion increased its stake in shares of T-Mobile US by 1.0% in the second quarter. Carmignac Gestion now owns 5,215,074 shares of the company’s stock valued at $225,656,000 after buying an additional 50,700 shares during the last quarter. American Century Companies Inc. increased its stake in shares of T-Mobile US by 69.4% in the second quarter. American Century Companies Inc. now owns 436,208 shares of the company’s stock valued at $18,875,000 after buying an additional 178,725 shares during the last quarter. Strs Ohio increased its stake in shares of T-Mobile US by 106.8% in the second quarter. Strs Ohio now owns 799,735 shares of the company’s stock valued at $34,604,000 after buying an additional 413,087 shares during the last quarter. Bank of Montreal Can acquired a new stake in shares of T-Mobile US during the second quarter valued at $16,681,000. Finally, Shell Asset Management Co. increased its stake in shares of T-Mobile US by 51.6% in the second quarter. Shell Asset Management Co. now owns 35,942 shares of the company’s stock valued at $1,555,000 after buying an additional 12,232 shares during the last quarter. 34.25% of the stock is currently owned by hedge funds and other institutional investors.

5 Day Chart for NASDAQ:TMUS

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