T-Mobile US, Inc. (NASDAQ:TMUS) – Investment analysts at William Blair increased their FY2017 earnings estimates for shares of T-Mobile US in a note issued to investors on Monday. William Blair analyst J. Breen now expects that the Wireless communications provider will post earnings per share of $2.44 for the year, up from their previous forecast of $2.05. William Blair currently has a “Buy” rating on the stock. William Blair also issued estimates for T-Mobile US’s Q4 2017 earnings at $0.34 EPS and FY2018 earnings at $2.63 EPS.

Other equities research analysts have also recently issued reports about the stock. Jefferies Group LLC reiterated a “buy” rating and issued a $80.00 target price on shares of T-Mobile US in a research report on Saturday, July 22nd. Cowen and Company reiterated a “buy” rating and issued a $70.00 target price on shares of T-Mobile US in a research report on Friday, August 25th. BidaskClub upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating in a research report on Saturday, August 5th. UBS AG reiterated a “buy” rating and issued a $80.00 target price on shares of T-Mobile US in a research report on Saturday, July 22nd. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $76.00 target price on shares of T-Mobile US in a research report on Tuesday, October 3rd. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $70.43.

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T-Mobile US (NASDAQ TMUS) opened at 62.28 on Wednesday. The firm has a 50 day moving average of $62.18 and a 200-day moving average of $63.63. T-Mobile US has a 52 week low of $48.76 and a 52 week high of $68.88. The stock has a market capitalization of $51.76 billion, a PE ratio of 26.39 and a beta of 0.40.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Monday, October 23rd. The Wireless communications provider reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.17. T-Mobile US had a net margin of 5.55% and a return on equity of 10.17%. The business had revenue of $10.02 billion during the quarter, compared to analysts’ expectations of $10.01 billion. During the same period last year, the company posted $0.27 EPS. The business’s revenue was up 7.7% on a year-over-year basis.

A number of institutional investors have recently modified their holdings of TMUS. Janus Henderson Group PLC lifted its stake in T-Mobile US by 12,230.1% in the second quarter. Janus Henderson Group PLC now owns 4,479,412 shares of the Wireless communications provider’s stock worth $271,542,000 after acquiring an additional 4,443,083 shares during the last quarter. Capital World Investors lifted its stake in T-Mobile US by 158.7% in the second quarter. Capital World Investors now owns 3,867,024 shares of the Wireless communications provider’s stock worth $234,419,000 after acquiring an additional 2,372,024 shares during the last quarter. Paulson & CO. Inc. lifted its stake in T-Mobile US by 46.1% in the second quarter. Paulson & CO. Inc. now owns 6,050,700 shares of the Wireless communications provider’s stock worth $366,793,000 after acquiring an additional 1,910,600 shares during the last quarter. Prudential Financial Inc. lifted its stake in T-Mobile US by 3,877.3% in the second quarter. Prudential Financial Inc. now owns 1,587,360 shares of the Wireless communications provider’s stock worth $96,226,000 after acquiring an additional 1,547,450 shares during the last quarter. Finally, BlackRock Inc. lifted its stake in T-Mobile US by 10.9% in the second quarter. BlackRock Inc. now owns 15,334,976 shares of the Wireless communications provider’s stock worth $929,608,000 after acquiring an additional 1,502,636 shares during the last quarter. Institutional investors own 35.11% of the company’s stock.

T-Mobile US Company Profile

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services to approximately 71 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.

Earnings History and Estimates for T-Mobile US (NASDAQ:TMUS)

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