Morgan Stanley Lowers T-Mobile US (NASDAQ:TMUS) Price Target to $230.00

T-Mobile US (NASDAQ:TMUS) had its price target dropped by research analysts at Morgan Stanley from $260.00 to $230.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the Wireless communications provider’s stock. Morgan Stanley’s price objective would suggest a potential upside of 22.04% from the stock’s previous close.

TMUS has been the topic of several other reports. Sanford C. Bernstein reaffirmed a “neutral” rating on shares of T-Mobile US in a research report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft reduced their price target on shares of T-Mobile US from $300.00 to $285.00 and set a “buy” rating for the company in a report on Thursday, April 30th. Scotiabank lowered their price target on shares of T-Mobile US from $266.00 to $263.00 and set a “sector outperform” rating for the company in a research report on Wednesday, April 29th. Wall Street Zen raised shares of T-Mobile US from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, Arete Research increased their price objective on shares of T-Mobile US from $295.00 to $300.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $258.96.

T-Mobile US Stock Performance

Shares of NASDAQ:TMUS traded up $6.68 during trading on Tuesday, hitting $188.47. 1,052,076 shares of the company traded hands, compared to its average volume of 5,999,989. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.58. The business’s fifty day moving average is $186.09 and its 200-day moving average is $197.09. The stock has a market capitalization of $203.96 billion, a price-to-earnings ratio of 20.10, a PEG ratio of 1.03 and a beta of 0.33. T-Mobile US has a one year low of $165.66 and a one year high of $261.56.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.01 by $0.26. The business had revenue of $23.11 billion for the quarter, compared to the consensus estimate of $22.98 billion. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The business’s revenue was up 10.6% on a year-over-year basis. During the same quarter last year, the business posted $2.58 EPS. As a group, equities analysts predict that T-Mobile US will post 10.65 earnings per share for the current fiscal year.

Insider Activity at T-Mobile US

In other T-Mobile US news, insider Michael J. Katz sold 5,000 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $195.81, for a total transaction of $979,050.00. Following the completion of the transaction, the insider directly owned 181,930 shares of the company’s stock, valued at approximately $35,623,713.30. This trade represents a 2.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Andre Almeida purchased 5,097 shares of the stock in a transaction dated Friday, May 1st. The shares were purchased at an average price of $196.18 per share, for a total transaction of $999,929.46. Following the completion of the transaction, the insider owned 44,850 shares in the company, valued at $8,798,673. This trade represents a 12.82% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 0.32% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. JDM Financial Group LLC raised its position in T-Mobile US by 114.0% in the fourth quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 65 shares in the last quarter. Main Street Group LTD acquired a new stake in T-Mobile US in the 1st quarter valued at about $25,000. Swiss RE Ltd. bought a new position in shares of T-Mobile US during the 4th quarter valued at about $29,000. Turning Point Benefit Group Inc. boosted its position in shares of T-Mobile US by 3,825.0% during the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock valued at $32,000 after purchasing an additional 153 shares in the last quarter. Finally, Sachetta LLC grew its stake in shares of T-Mobile US by 52.9% in the 1st quarter. Sachetta LLC now owns 159 shares of the Wireless communications provider’s stock worth $33,000 after purchasing an additional 55 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

Key T-Mobile US News

Here are the key news stories impacting T-Mobile US this week:

• Positive Sentiment: Bank of America upgraded T-Mobile US to buy and raised its price target to $220, signaling confidence in the company’s valuation and competitive position. Read More
• Positive Sentiment: Analysts said T-Mobile appears better insulated than some peers from Starlink-related disruption, helping ease investor concerns across the telecom sector. Article Title
• Positive Sentiment: The stock has also been mentioned as a top pick in billionaire Jeffrey Talpins’ filings, reinforcing investor interest in the name. Article Title
• Neutral Sentiment: Market commentary highlighted that T-Mobile has significant strategic partnership value and may benefit if weaker rivals struggle, but this is more of a long-term industry theme than a near-term catalyst. Article Title
• Neutral Sentiment: Other headlines focused on broader telecom and satellite competition, but those reports also suggested the Starlink threat may be overstated for U.S. wireless carriers. Article Title

About T-Mobile US

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.