T-Mobile US (NASDAQ:TMUS) Given “Neutral” Rating at Sanford C. Bernstein

T-Mobile US (NASDAQ:TMUS)‘s stock had its “neutral” rating restated by stock analysts at Sanford C. Bernstein in a research report issued on Monday,MarketScreener reports.

Other equities research analysts have also recently issued research reports about the stock. DZ Bank reaffirmed a “buy” rating on shares of T-Mobile US in a research note on Tuesday, October 28th. TD Cowen reduced their price target on T-Mobile US from $291.00 to $263.00 and set a “buy” rating on the stock in a report on Friday, October 24th. Hsbc Global Res raised T-Mobile US from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 24th. Oppenheimer cut T-Mobile US from an “outperform” rating to a “market perform” rating in a research note on Friday, November 21st. Finally, Moffett Nathanson increased their price objective on T-Mobile US from $210.00 to $230.00 and gave the stock a “neutral” rating in a report on Thursday, October 2nd. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $260.17.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $196.10 on Monday. The firm’s fifty day moving average is $210.87 and its 200-day moving average is $228.99. T-Mobile US has a 52 week low of $194.01 and a 52 week high of $276.49. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.80 and a current ratio of 0.89. The firm has a market cap of $219.34 billion, a PE ratio of 18.86, a price-to-earnings-growth ratio of 1.26 and a beta of 0.44.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share for the quarter, beating analysts’ consensus estimates of $2.40 by $0.01. The company had revenue of $21.96 billion for the quarter, compared to analysts’ expectations of $21.61 billion. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.T-Mobile US’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period last year, the firm posted $2.61 EPS. Sell-side analysts predict that T-Mobile US will post 10.37 earnings per share for the current year.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $238.98, for a total value of $15,396,525.48. Following the completion of the sale, the director owned 634,241,492 shares of the company’s stock, valued at approximately $151,571,031,758.16. This trade represents a 0.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders sold 1,043,868 shares of company stock valued at $238,762,618. Corporate insiders own 0.37% of the company’s stock.

Institutional Trading of T-Mobile US

A number of institutional investors have recently made changes to their positions in TMUS. Activest Wealth Management grew its position in T-Mobile US by 9,400.0% in the 1st quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 94 shares during the period. Howard Hughes Medical Institute bought a new stake in shares of T-Mobile US in the second quarter worth $25,000. United Community Bank lifted its holdings in T-Mobile US by 131.1% in the third quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 59 shares during the period. Missouri Trust & Investment Co boosted its position in T-Mobile US by 807.7% in the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 105 shares during the last quarter. Finally, Elevation Wealth Partners LLC grew its stake in shares of T-Mobile US by 190.0% during the 3rd quarter. Elevation Wealth Partners LLC now owns 116 shares of the Wireless communications provider’s stock valued at $28,000 after purchasing an additional 76 shares during the period. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Company Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.