T-Mobile US Receives Hold Rating from Argus (TMUS)
Shares of T-Mobile US (NASDAQ:TMUS) traded down 8.40% on Wednesday, hitting $31.06. The stock had a trading volume of 17,733,466 shares. T-Mobile US has a 52 week low of $22.95 and a 52 week high of $35.50. The stock has a 50-day moving average of $32.58 and a 200-day moving average of $32.00. The company has a market cap of $25.071 billion and a price-to-earnings ratio of 142.48.
T-Mobile US (NASDAQ:TMUS) last released its earnings data on Thursday, July 31st. The company reported $0.48 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.08 by $0.40. The company had revenue of $7.20 million for the quarter, compared to the consensus estimate of $7.04 million. Analysts expect that T-Mobile US will post $0.47 EPS for the current fiscal year.
TMUS has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of T-Mobile US in a research note on Monday. They now have a $35.00 price target on the stock, up previously from $32.50. Separately, analysts at Evercore Partners upgraded shares of T-Mobile US from an “equal weight” rating to an “overweight” rating in a research note on Monday. They now have a $40.00 price target on the stock, up previously from $34.00. Finally, analysts at Nomura reiterated a “neutral” rating on shares of T-Mobile US in a research note on Friday, August 1st. They now have a $32.00 price target on the stock, up previously from $30.00. One analyst has rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company. T-Mobile US has a consensus rating of “Buy” and an average target price of $36.87.
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