T-Mobile US Rating Reiterated by Macquarie (TMUS)
T-Mobile US (NASDAQ:TMUS)‘s stock had its “neutral” rating restated by Macquarie in a research note issued on Friday. They currently have a $33.00 price target on the stock, down from their previous price target of $38.00. Macquarie’s price objective suggests a potential upside of 10.22% from the stock’s previous close.
Shares of T-Mobile US (NASDAQ:TMUS) opened at 29.94 on Friday. 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 $32.4 and a 200-day moving average of $31.97. The company has a market cap of $24.167 billion and a P/E ratio of 125.46.
T-Mobile US (NASDAQ:TMUS) last issued its quarterly 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.
Other equities research analysts have also recently issued reports about the stock. Analysts at Argus reiterated a “hold” rating on shares of T-Mobile US in a research note on Wednesday. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of T-Mobile US in a research note on Monday, August 4th. They now have a $35.00 price target on the stock, up previously from $32.50. Finally, 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, August 4th. They now have a $40.00 price target on the stock, up previously from $34.00. Seven analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $36.63.
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