T-Mobile US (NASDAQ:TMUS) Upgraded to “Outperform” at Raymond James Financial

Raymond James Financial upgraded shares of T-Mobile US (NASDAQ:TMUS) from a market perform rating to an outperform rating in a report published on Monday morning, MarketBeat Ratings reports. They currently have $170.00 target price on the Wireless communications provider’s stock.

A number of other analysts also recently issued reports on the stock. Sanford C. Bernstein reaffirmed a “neutral” rating on shares of T-Mobile US in a report on Monday, September 28th. Wells Fargo & Company reduced their price target on shares of T-Mobile US from $170.00 to $169.00 and set an “equal weight” rating for the company in a research note on Friday, July 24th. Moffett Nathanson boosted their price objective on shares of T-Mobile US from $242.00 to $246.00 and gave the company a “buy” rating in a report on Tuesday, September 22nd. Wolfe Research reissued a “peer perform” rating on shares of T-Mobile US in a report on Friday, August 14th. Finally, TD Cowen lowered their price objective on shares of T-Mobile US from $261.00 to $260.00 and set a “buy” rating on the stock in a research report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, T-Mobile US presently has a consensus rating of “Moderate Buy” and an average target price of $244.65.

T-Mobile US Trading Up 2.2%

T-Mobile US stock opened at $151.87 on Monday. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.92 and a quick ratio of 0.83. T-Mobile US has a one year low of $147.90 and a one year high of $230.65. The stock has a market capitalization of $162.91 billion, a PE ratio of 15.90, a price-to-earnings-growth ratio of 0.93 and a beta of 0.33. The business’s fifty day moving average is $174.52 and its 200 day moving average is $183.74.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, July 23rd. The Wireless communications provider reported $2.99 EPS for the quarter, topping the consensus estimate of $2.59 by $0.40. T-Mobile US had a return on equity of 20.16% and a net margin of 11.45%. The company had revenue of $22.79 billion during the quarter, compared to the consensus estimate of $22.95 billion. During the same period last year, the company earned $2.84 EPS. T-Mobile US’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, sell-side analysts predict that T-Mobile US will post 11.09 EPS for the current year.

T-Mobile US Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Wednesday, November 25th will be issued a $1.17 dividend. The ex-dividend date of this dividend is Wednesday, November 25th. This is an increase from T-Mobile US’s previous quarterly dividend of $1.02. This represents a $4.68 annualized dividend and a dividend yield of 3.1%. T-Mobile US’s dividend payout ratio is presently 42.72%.

Insider Buying and Selling

In related news, CAO Daniel James Drobac sold 772 shares of the company’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $178.33, for a total transaction of $137,670.76. Following the completion of the sale, the chief accounting officer owned 35,118 shares in the company, valued at approximately $6,262,592.94. This represents a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.32% of the company’s stock.

Institutional Investors Weigh In On T-Mobile US

Large investors have recently made changes to their positions in the company. Essex Financial Services Inc. boosted its stake in T-Mobile US by 3.5% in the 1st quarter. Essex Financial Services Inc. now owns 1,551 shares of the Wireless communications provider’s stock worth $326,000 after purchasing an additional 53 shares during the period. Wick Capital Partners LLC lifted its holdings in shares of T-Mobile US by 4.2% in the fourth quarter. Wick Capital Partners LLC now owns 1,355 shares of the Wireless communications provider’s stock worth $275,000 after buying an additional 55 shares in the last quarter. Sachetta LLC lifted its holdings 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 worth $33,000 after buying an additional 55 shares in the last quarter. Legacy Wealth Asset Management LLC boosted its position in shares of T-Mobile US by 1.2% during the second quarter. Legacy Wealth Asset Management LLC now owns 4,844 shares of the Wireless communications provider’s stock worth $812,000 after acquiring an additional 56 shares during the last quarter. Finally, Harbor Investment Advisory LLC boosted its position in shares of T-Mobile US by 2.6% during the first quarter. Harbor Investment Advisory LLC now owns 2,351 shares of the Wireless communications provider’s stock worth $494,000 after acquiring an additional 60 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US News Summary

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

• Positive Sentiment: Raymond James upgraded T-Mobile to “Outperform” from “Market Perform” and assigned a $170 price target, implying roughly 12% upside from the referenced share price. The firm also argued that the threat from SpaceX’s Starlink mobile ambitions is overstated, providing a direct catalyst for the rebound. Raymond James upgrades T-Mobile US to outperform from market perform
• Positive Sentiment: Some investors continue to view T-Mobile as an attractive long-term dividend-growth stock, citing its approximately 3% yield, strong cash flow and potential for double-digit earnings growth. This supports the stock’s valuation following its recent decline, though the view is based on a long-term investment thesis rather than a new company announcement. 2 Dividend Growers I’m Accumulating Ahead Of Earnings With Long-Term Double-Digit Upside Potential
• Neutral Sentiment: TMUS recovered part of its historic selloff after SpaceX agreed to acquire nationwide spectrum for Starlink’s planned mobile services. The broader move also lifted other telecom shares, suggesting some of the activity reflected sector-wide positioning and short-term bargain hunting. T-Mobile Rebounds After Record Drop on Starlink Spectrum Move
• Negative Sentiment: SpaceX’s spectrum deal remains a competitive overhang because Starlink could expand into direct-to-device mobile connectivity. Telecom stocks sold off sharply on concerns that the move could pressure wireless pricing, customer retention and long-term growth. Telecom Stocks Tumble After SpaceX Spectrum Deal
• Negative Sentiment: Scotiabank reportedly cut its price target for T-Mobile, citing SpaceX competition and broader technology disruption. Reports of new T-Mobile plans that could limit certain discounts and perks may also create customer dissatisfaction or reduce promotional flexibility. T-Mobile US Stock Price Target Cut by Scotiabank T-Mobile Plans to Limit Customer Discounts With New Phone Plans

About T-Mobile US

T-Mobile US, Inc is a wireless communications company that provides mobile voice, messaging, and data services to consumers, businesses, and government customers in the United States. Its offerings include wireless plans, smartphones, connected devices, accessories, and related services, supported by a nationwide cellular network.

The company also provides fixed wireless broadband and other internet services for households, as well as wireless connectivity, networking, and communications solutions for businesses and public-sector organizations.