T-Mobile US Receives Average Rating of “Buy” from Brokerages (NASDAQ:TMUS)
Shares of T-Mobile US (NASDAQ:TMUS) have earned a consensus rating of “Buy” from the twenty-one analysts that are covering the stock, AmericanBankingNews.com reports. Seven equities research analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $36.56.
Shares of T-Mobile US (NASDAQ:TMUS) opened at 30.589 on Tuesday. T-Mobile US has a 52 week low of $23.52 and a 52 week high of $35.50. The stock’s 50-day moving average is $30.83 and its 200-day moving average is $31.76. The company has a market cap of $24.690 billion and a P/E ratio of 126.39.
T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Monday, August 18th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.32. On average, analysts predict that T-Mobile US will post $0.49 earnings per share for the current fiscal year.
A number of research firms have recently commented on TMUS. Analysts at Barclays reiterated an “overweight” rating on shares of T-Mobile US in a research note on Wednesday, August 27th. They now have a $35.00 price target on the stock, down previously from $37.00. Separately, analysts at Macquarie reiterated a “neutral” rating on shares of T-Mobile US in a research note on Friday, August 8th. They now have a $33.00 price target on the stock, down previously from $38.00. Finally, analysts at Argus reiterated a “hold” rating on shares of T-Mobile US in a research note on Wednesday, August 6th.
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