T-Mobile US Given Average Rating of “Buy” by Brokerages (NASDAQ:TMUS)
T-Mobile US (NASDAQ:TMUS) has earned a consensus recommendation of “Buy” from the nineteen brokerages that are presently covering the stock, Analyst Ratings Net reports. Six investment analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $35.79.
A number of analysts have recently weighed in on TMUS shares. Analysts at BMO Capital Markets initiated coverage on shares of T-Mobile US in a research note on Tuesday, July 8th. They set an “outperform” rating and a $40.00 price target on the stock. Separately, analysts at Pacific Crest initiated coverage on shares of T-Mobile US in a research note on Friday, June 27th. They set an “outperform” rating and a $40.00 price target on the stock. Finally, 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.
T-Mobile US (NASDAQ:TMUS) opened at 31.19 on Tuesday. T-Mobile US has a 52 week low of $22.95 and a 52 week high of $35.50. The stock’s 50-day moving average is $32.79 and its 200-day moving average is $32.04. The company’s market cap is $25.043 billion.
T-Mobile US (NASDAQ:TMUS) last released its earnings data on Thursday, May 1st. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the 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 $0.20 EPS for the current fiscal year.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.