T-Mobile US (NASDAQ:TMUS) released its quarterly earnings data on Tuesday. The Wireless communications provider reported $0.74 EPS for the quarter, beating the consensus estimate of $0.55 by $0.19, MarketWatch Earnings reports. T-Mobile US had a return on equity of 8.69% and a net margin of 5.11%. The company had revenue of $19.76 billion for the quarter, compared to analysts’ expectations of $18.99 billion. During the same period last year, the firm posted $1.10 earnings per share. T-Mobile US’s revenue was up 77.8% compared to the same quarter last year.

TMUS traded down $2.97 during trading on Tuesday, hitting $128.48. 4,851,968 shares of the company traded hands, compared to its average volume of 4,480,093. The company has a market cap of $160.19 billion, a PE ratio of 41.99, a P/E/G ratio of 2.22 and a beta of 0.55. The stock’s 50-day simple moving average is $128.91 and its two-hundred day simple moving average is $126.74. T-Mobile US has a 1 year low of $86.41 and a 1 year high of $135.54. The company has a current ratio of 0.98, a quick ratio of 0.88 and a debt-to-equity ratio of 1.05.

TMUS has been the topic of several recent analyst reports. KeyCorp increased their price objective on T-Mobile US from $135.00 to $155.00 and gave the company an “overweight” rating in a research report on Wednesday, January 13th. UBS Group reaffirmed a “buy” rating and set a $162.00 price objective on shares of T-Mobile US in a research report on Friday, March 12th. Credit Suisse Group reaffirmed a “buy” rating and set a $165.00 price objective on shares of T-Mobile US in a research report on Friday, March 12th. Truist raised their target price on T-Mobile US from $135.00 to $150.00 in a research report on Friday, February 5th. Finally, Royal Bank of Canada set a $133.00 target price on T-Mobile US and gave the stock a “neutral” rating in a research report on Friday, March 12th. Four equities research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company. T-Mobile US presently has a consensus rating of “Buy” and an average target price of $145.48.

In related news, insider Neville R. Ray sold 12,400 shares of the firm’s stock in a transaction on Thursday, March 11th. The shares were sold at an average price of $130.06, for a total transaction of $1,612,744.00. Following the completion of the transaction, the insider now directly owns 462,864 shares of the company’s stock, valued at $60,200,091.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO G Michael Sievert sold 40,000 shares of the stock in a transaction on Friday, February 26th. The shares were sold at an average price of $121.67, for a total transaction of $4,866,800.00. Insiders have sold 93,200 shares of company stock valued at $11,731,760 over the last ninety days. 0.47% of the stock is currently owned by corporate insiders.

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 102.1 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, wearables, and tablets and other mobile communication devices, as well as wireless devices and accessories.

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

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