T-Mobile US Given Consensus Rating of “Hold” by Analysts (NASDAQ:TMUS)
Shares of T-Mobile US (NASDAQ:TMUS) have earned an average recommendation of “Hold” from the nineteen brokerages that are covering the stock, Analyst Ratings.Net reports. Eight investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $33.36.
TMUS has been the subject of a number of recent research reports. Analysts at Macquarie downgraded shares of T-Mobile US from an “outperform” rating to a “neutral” rating in a research note on Monday, June 2nd. Finally, analysts at Sanford C. Bernstein initiated coverage on shares of T-Mobile US in a research note on Thursday, May 22nd. They set a “market perform” rating on the stock.
T-Mobile US (NASDAQ:TMUS) traded down 0.39% during mid-day trading on Thursday, hitting $33.0707. 465,079 shares of the company’s stock traded hands. T-Mobile US has a 1-year low of $20.95 and a 1-year high of $35.50. The stock’s 50-day moving average is $32.47 and its 200-day moving average is $31.22. The company’s market cap is $26.553 billion.
T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Thursday, May 1st. The company reported ($0.19) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.10) by $0.09. The company had revenue of $6.88 billion for the quarter, compared to the consensus estimate of $6.92 billion. Analysts expect that T-Mobile US will post $0.21 EPS for the current fiscal year.
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