Analysts Set T-Mobile US, Inc. (NASDAQ:TMUS) Target Price at $185.93

Shares of T-Mobile US, Inc. (NASDAQ:TMUS) have earned an average rating of “Buy” from the fourteen brokerages that are covering the company, Marketbeat.com reports. Thirteen research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $186.33.

TMUS has been the subject of several analyst reports. Morgan Stanley increased their price objective on shares of T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research note on Monday, January 29th. Oppenheimer restated an “outperform” rating and set a $190.00 price target on shares of T-Mobile US in a research note on Wednesday, April 3rd. Citigroup raised their price target on shares of T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a research note on Monday, March 25th. Royal Bank of Canada raised their price target on shares of T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, TD Cowen decreased their price target on shares of T-Mobile US from $204.00 to $202.00 and set a “buy” rating for the company in a research note on Friday.

Insider Buying and Selling

In other T-Mobile US news, insider Michael J. Katz sold 6,655 shares of the firm’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $161.23, for a total value of $1,072,985.65. Following the completion of the transaction, the insider now directly owns 126,616 shares of the company’s stock, valued at approximately $20,414,297.68. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other T-Mobile US news, insider Michael J. Katz sold 6,655 shares of the firm’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $161.23, for a total value of $1,072,985.65. Following the completion of the transaction, the insider now directly owns 126,616 shares of the company’s stock, valued at approximately $20,414,297.68. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Telekom Ag Deutsche sold 170,903 shares of the firm’s stock in a transaction on Wednesday, April 10th. The shares were sold at an average price of $159.95, for a total transaction of $27,335,934.85. Following the completion of the transaction, the director now directly owns 680,306,713 shares of the company’s stock, valued at $108,815,058,744.35. The disclosure for this sale can be found here. In the last ninety days, insiders sold 6,180,319 shares of company stock valued at $1,002,629,987. Company insiders own 0.70% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of TMUS. Private Wealth Management Group LLC bought a new stake in shares of T-Mobile US during the 4th quarter worth $27,000. Westside Investment Management Inc. lifted its holdings in shares of T-Mobile US by 75.8% during the 1st quarter. Westside Investment Management Inc. now owns 174 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 75 shares during the last quarter. Valley National Advisers Inc. lifted its holdings in shares of T-Mobile US by 232.1% during the 4th quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 123 shares during the last quarter. BluePath Capital Management LLC bought a new stake in shares of T-Mobile US during the 3rd quarter worth $26,000. Finally, Baker Avenue Asset Management LP lifted its holdings in shares of T-Mobile US by 63.3% during the 3rd quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock worth $29,000 after acquiring an additional 81 shares during the last quarter. 42.49% of the stock is owned by institutional investors.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $163.96 on Friday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.83 and a current ratio of 0.91. The stock has a market cap of $194.60 billion, a price-to-earnings ratio of 23.66, a PEG ratio of 0.68 and a beta of 0.49. T-Mobile US has a fifty-two week low of $124.92 and a fifty-two week high of $168.64. The firm’s 50-day simple moving average is $162.51 and its 200 day simple moving average is $156.98.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, beating the consensus estimate of $1.83 by $0.17. The firm had revenue of $19.59 billion during the quarter, compared to analyst estimates of $19.81 billion. T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The company’s revenue for the quarter was down .2% on a year-over-year basis. During the same quarter last year, the business posted $1.58 EPS. As a group, research analysts anticipate that T-Mobile US will post 8.83 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Friday, May 31st will be issued a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 1.59%. The ex-dividend date is Friday, May 31st. T-Mobile US’s dividend payout ratio (DPR) is presently 37.52%.

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 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.