T-Mobile US (NASDAQ:TMUS) PT Set at $177.00 by UBS Group

UBS Group set a $177.00 price target on T-Mobile US (NASDAQ:TMUSGet Rating) in a research report released on Monday, Stock Target Advisor reports.

TMUS has been the topic of several other reports. Benchmark increased their target price on T-Mobile US from $200.00 to $205.00 in a research note on Thursday, April 28th. StockNews.com upgraded T-Mobile US from a sell rating to a hold rating in a research note on Sunday, May 1st. Citigroup raised their price target on T-Mobile US from $155.00 to $156.00 and gave the stock a buy rating in a research note on Monday, March 14th. JPMorgan Chase & Co. set a $180.00 price target on T-Mobile US in a research note on Wednesday, June 1st. Finally, TheStreet upgraded T-Mobile US from a c+ rating to a b- rating in a research note on Thursday, March 3rd. One research analyst has rated the stock with a sell rating, three have given a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, T-Mobile US presently has an average rating of Moderate Buy and a consensus price target of $163.68.

TMUS stock opened at $135.94 on Monday. T-Mobile US has a twelve month low of $101.51 and a twelve month high of $150.20. The company has a quick ratio of 0.69, a current ratio of 0.81 and a debt-to-equity ratio of 1.06. The firm has a market cap of $169.83 billion, a PE ratio of 60.69, a price-to-earnings-growth ratio of 1.56 and a beta of 0.51. The business has a 50 day moving average of $129.67 and a 200 day moving average of $123.56.

T-Mobile US (NASDAQ:TMUSGet Rating) last issued its earnings results on Wednesday, April 27th. The Wireless communications provider reported $0.57 EPS for the quarter, beating the consensus estimate of $0.41 by $0.16. T-Mobile US had a return on equity of 5.46% and a net margin of 3.49%. The business had revenue of $20.12 billion for the quarter, compared to the consensus estimate of $20.14 billion. During the same period last year, the business posted $0.92 EPS. The company’s revenue was up 1.8% compared to the same quarter last year. On average, research analysts expect that T-Mobile US will post 2.95 earnings per share for the current fiscal year.

In related news, CEO G Michael Sievert sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 11th. The stock was sold at an average price of $121.99, for a total value of $2,439,800.00. Following the completion of the sale, the chief executive officer now owns 674,472 shares in the company, valued at $82,278,839.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.68% of the stock is currently owned by insiders.

A number of institutional investors have recently bought and sold shares of TMUS. Core Alternative Capital lifted its holdings in T-Mobile US by 600.0% during the first quarter. Core Alternative Capital now owns 203 shares of the Wireless communications provider’s stock worth $26,000 after buying an additional 174 shares during the period. Charter Oak Capital Management LLC purchased a new stake in T-Mobile US during the fourth quarter worth $29,000. Koshinski Asset Management Inc. lifted its holdings in T-Mobile US by 48.5% during the first quarter. Koshinski Asset Management Inc. now owns 245 shares of the Wireless communications provider’s stock worth $31,000 after buying an additional 80 shares during the period. San Luis Wealth Advisors LLC purchased a new stake in T-Mobile US during the first quarter worth $31,000. Finally, Steward Financial Group LLC acquired a new position in shares of T-Mobile US during the first quarter worth $32,000. Institutional investors own 45.24% of the company’s stock.

About T-Mobile US (Get Rating)

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 108.7 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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