Analysts forecast that T-Mobile US Inc (NASDAQ:TMUS) will report earnings of $0.35 per share for the current fiscal quarter, according to Zacks Investment Research. Fifteen analysts have issued estimates for T-Mobile US’s earnings, with estimates ranging from $0.15 to $0.51. T-Mobile US posted earnings of $0.45 per share in the same quarter last year, which would suggest a negative year over year growth rate of 22.2%. The business is scheduled to issue its next earnings report on Tuesday, February 13th.

On average, analysts expect that T-Mobile US will report full-year earnings of $2.45 per share for the current financial year, with EPS estimates ranging from $2.22 to $2.57. For the next fiscal year, analysts forecast that the business will report earnings of $2.94 per share, with EPS estimates ranging from $2.13 to $3.89. Zacks’ EPS calculations are a mean average based on a survey of research firms that follow T-Mobile US.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Monday, October 23rd. The Wireless communications provider reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.17. The business had revenue of $10.02 billion during the quarter, compared to the consensus estimate of $10.01 billion. T-Mobile US had a net margin of 5.55% and a return on equity of 9.99%. The company’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.27 EPS.

TMUS has been the subject of several recent analyst reports. BidaskClub downgraded shares of T-Mobile US from a “hold” rating to a “sell” rating in a research report on Saturday, September 30th. Royal Bank of Canada restated a “buy” rating and set a $76.00 price objective on shares of T-Mobile US in a research report on Tuesday, October 3rd. Robert W. Baird restated a “hold” rating and set a $70.00 price objective on shares of T-Mobile US in a research report on Wednesday, October 4th. Deutsche Bank reduced their price objective on shares of T-Mobile US from $70.00 to $65.00 and set a “hold” rating for the company in a research report on Tuesday, October 10th. Finally, KeyCorp set a $72.00 price objective on shares of T-Mobile US and gave the stock a “buy” rating in a research report on Wednesday, October 11th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, twenty-one have issued a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $69.86.

Shares of T-Mobile US (NASDAQ:TMUS) traded down $0.88 during trading hours on Thursday, hitting $62.88. 4,087,690 shares of the stock traded hands, compared to its average volume of 3,740,000. The stock has a market cap of $53,050.00, a P/E ratio of 24.66, a PEG ratio of 0.98 and a beta of 0.29. The company has a quick ratio of 0.80, a current ratio of 0.92 and a debt-to-equity ratio of 1.50. T-Mobile US has a twelve month low of $54.60 and a twelve month high of $68.88.

T-Mobile US declared that its Board of Directors has approved a share repurchase plan on Wednesday, December 6th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the Wireless communications provider to purchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

In other news, EVP David A. Miller sold 15,000 shares of T-Mobile US stock in a transaction on Monday, December 18th. The shares were sold at an average price of $62.78, for a total value of $941,700.00. Following the transaction, the executive vice president now directly owns 104,448 shares of the company’s stock, valued at approximately $6,557,245.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Peter A. Ewens sold 10,000 shares of T-Mobile US stock in a transaction on Monday, January 8th. The shares were sold at an average price of $65.05, for a total transaction of $650,500.00. Following the completion of the transaction, the executive vice president now directly owns 146,434 shares in the company, valued at $9,525,531.70. The disclosure for this sale can be found here. Insiders sold a total of 73,620 shares of company stock worth $4,708,192 over the last ninety days. Corporate insiders own 0.29% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in TMUS. Rational Advisors LLC acquired a new position in T-Mobile US in the 3rd quarter valued at $105,000. Capital Bank & Trust Co increased its stake in T-Mobile US by 3,128.6% in the 3rd quarter. Capital Bank & Trust Co now owns 2,260 shares of the Wireless communications provider’s stock valued at $139,000 after buying an additional 2,190 shares during the period. Opera Trading Capital acquired a new position in T-Mobile US in the 3rd quarter valued at $154,000. Renaissance Group LLC acquired a new position in T-Mobile US in the 3rd quarter valued at $201,000. Finally, Atria Investments LLC acquired a new position in T-Mobile US in the 4th quarter valued at $207,000. 34.94% of the stock is currently owned by institutional investors.

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About T-Mobile US

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.

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

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