T-Mobile US Inc (NASDAQ:TMUS) – Research analysts at KeyCorp boosted their Q4 2018 earnings per share (EPS) estimates for shares of T-Mobile US in a report released on Thursday. KeyCorp analyst B. Nispel now forecasts that the Wireless communications provider will earn $0.43 per share for the quarter, up from their previous estimate of $0.40. KeyCorp currently has a “Buy” rating and a $76.00 target price on the stock. KeyCorp also issued estimates for T-Mobile US’s FY2019 earnings at $3.58 EPS.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Thursday, February 8th. The Wireless communications provider reported $0.48 EPS for the quarter, topping the consensus estimate of $0.37 by $0.11. T-Mobile US had a net margin of 11.19% and a return on equity of 9.60%. The firm had revenue of $10.76 billion during the quarter, compared to analyst estimates of $10.84 billion. During the same quarter in the prior year, the business posted $0.45 earnings per share. T-Mobile US’s revenue for the quarter was up 5.1% compared to the same quarter last year.

TMUS has been the subject of several other research reports. Moffett Nathanson raised shares of T-Mobile US from a “neutral” rating to a “buy” rating in a research report on Monday, November 27th. HSBC raised shares of T-Mobile US from a “hold” rating to a “buy” rating in a research report on Tuesday, November 21st. Deutsche Bank raised shares of T-Mobile US from a “hold” rating to a “buy” rating and increased their price objective for the stock from $56.22 to $65.00 in a research report on Thursday, November 9th. Societe Generale started coverage on shares of T-Mobile US in a research report on Tuesday, October 24th. They issued a “buy” rating and a $71.00 price objective for the company. Finally, BTIG Research increased their price objective on shares of T-Mobile US from $74.00 to $84.00 and gave the stock a “buy” rating in a research report on Wednesday, October 18th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, twenty have issued a buy rating and four have given a strong buy rating to the company. T-Mobile US presently has a consensus rating of “Buy” and a consensus price target of $70.06.

Shares of T-Mobile US (NASDAQ:TMUS) traded down $1.08 during mid-day trading on Monday, reaching $58.12. 4,816,600 shares of the company traded hands, compared to its average volume of 3,651,312. T-Mobile US has a 1 year low of $54.60 and a 1 year high of $68.88. The company has a quick ratio of 0.64, a current ratio of 0.77 and a debt-to-equity ratio of 1.30. The firm has a market capitalization of $49,660.00, a price-to-earnings ratio of 11.03, a price-to-earnings-growth ratio of 0.78 and a beta of 0.30.

T-Mobile US declared that its board has initiated a share buyback program on Wednesday, December 6th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the Wireless communications provider to repurchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

In other T-Mobile US news, EVP David A. Miller sold 15,000 shares of the stock in a transaction on Monday, December 18th. The shares were sold at an average price of $62.78, for a total transaction of $941,700.00. Following the transaction, the executive vice president now directly owns 104,448 shares in the company, valued at approximately $6,557,245.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Peter A. Ewens sold 10,000 shares of the stock in a transaction on Monday, January 8th. The shares were sold at an average price of $65.05, for a total transaction of $650,500.00. Following the transaction, the executive vice president now owns 146,434 shares in the company, valued at $9,525,531.70. The disclosure for this sale can be found here. Insiders have sold a total of 73,620 shares of company stock worth $4,708,192 over the last quarter. 0.29% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Paulson & CO. Inc. boosted its stake in T-Mobile US by 46.1% during the 2nd quarter. Paulson & CO. Inc. now owns 6,050,700 shares of the Wireless communications provider’s stock valued at $366,793,000 after acquiring an additional 1,910,600 shares during the last quarter. Carmignac Gestion lifted its position in shares of T-Mobile US by 32.1% in the 3rd quarter. Carmignac Gestion now owns 5,844,199 shares of the Wireless communications provider’s stock worth $360,353,000 after buying an additional 1,419,024 shares during the last quarter. State Street Corp lifted its position in shares of T-Mobile US by 5.4% in the 2nd quarter. State Street Corp now owns 5,599,085 shares of the Wireless communications provider’s stock worth $339,409,000 after buying an additional 289,120 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of T-Mobile US by 13.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 4,251,576 shares of the Wireless communications provider’s stock worth $262,150,000 after buying an additional 498,332 shares during the last quarter. Finally, APG Asset Management N.V. lifted its position in shares of T-Mobile US by 11.8% in the 3rd quarter. APG Asset Management N.V. now owns 3,973,999 shares of the Wireless communications provider’s stock worth $245,037,000 after buying an additional 418,863 shares during the last quarter. Hedge funds and other institutional investors own 35.23% of the company’s stock.

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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 U.S. Virgin Islands. The company offers voice, messaging, and data services to approximately 71 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.

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

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