T-Mobile US, Inc. (NASDAQ:TMUS) Receives Consensus Recommendation of “Moderate Buy” from Analysts

T-Mobile US, Inc. (NASDAQ:TMUS) has been given an average recommendation of “Moderate Buy” by the thirty research firms that are currently covering the firm, Marketbeat reports. Seven analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $260.2692.

A number of analysts have recently issued reports on the company. Morgan Stanley began coverage on T-Mobile US in a research report on Thursday, April 16th. They issued an “overweight” rating and a $260.00 price objective for the company. TD Cowen boosted their target price on T-Mobile US from $252.00 to $261.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Wall Street Zen upgraded T-Mobile US from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Scotiabank cut their price target on T-Mobile US from $266.00 to $263.00 and set a “sector outperform” rating for the company in a report on Wednesday, April 29th. Finally, Oppenheimer raised shares of T-Mobile US from a “market perform” rating to an “outperform” rating and set a $260.00 price objective for the company in a research report on Wednesday, April 29th.

Insider Buying and Selling

In related news, insider Andre Almeida acquired 5,097 shares of the business’s stock in a transaction on Friday, May 1st. The stock was purchased at an average cost of $196.18 per share, for a total transaction of $999,929.46. Following the completion of the transaction, the insider directly owned 44,850 shares of the company’s stock, valued at approximately $8,798,673. The trade was a 12.82% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael J. Katz sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $195.81, for a total value of $979,050.00. Following the sale, the insider owned 181,930 shares of the company’s stock, valued at approximately $35,623,713.30. This represents a 2.67% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.32% of the stock is currently owned by insiders.

Institutional Trading of T-Mobile US

Several hedge funds have recently added to or reduced their stakes in TMUS. JDM Financial Group LLC grew its holdings in T-Mobile US by 114.0% in the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 65 shares in the last quarter. Main Street Group LTD bought a new position in T-Mobile US during the 1st quarter worth $25,000. Swiss RE Ltd. acquired a new stake in shares of T-Mobile US during the fourth quarter worth $29,000. Turning Point Benefit Group Inc. boosted its position in shares of T-Mobile US by 3,825.0% in the fourth quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock valued at $32,000 after acquiring an additional 153 shares during the period. Finally, Sachetta LLC boosted its position in shares of T-Mobile US by 52.9% in the first quarter. Sachetta LLC now owns 159 shares of the Wireless communications provider’s stock valued at $33,000 after acquiring an additional 55 shares during the period. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Price Performance

T-Mobile US stock opened at $177.52 on Monday. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.09 and a quick ratio of 0.97. The company’s 50-day moving average is $186.09 and its 200-day moving average is $197.09. The firm has a market capitalization of $192.11 billion, a PE ratio of 18.89, a P/E/G ratio of 1.03 and a beta of 0.33. T-Mobile US has a fifty-two week low of $165.66 and a fifty-two week high of $261.56.

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

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 28th will be paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, August 28th. T-Mobile US’s dividend payout ratio (DPR) is currently 43.40%.

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.