T-Mobile US (TMUS) to Release Quarterly Earnings on Monday

T-Mobile US (NASDAQ:TMUS) is scheduled to be announcing its earnings results before the market opens on Monday, February 12th. Analysts expect the company to announce earnings of $0.34 per share for the quarter.

T-Mobile US (TMUS) opened at $63.59 on Monday. The stock has a market capitalization of $52,900.00, a P/E ratio of 24.94, a PEG ratio of 0.85 and a beta of 0.30. T-Mobile US has a one year low of $54.60 and a one year high of $68.88. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.80 and a current ratio of 0.92.

T-Mobile US declared that its Board of Directors has initiated a share repurchase program on Wednesday, December 6th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the Wireless communications provider to repurchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s management believes its stock is undervalued.

A number of equities analysts have recently issued reports on TMUS shares. Deutsche Bank increased their target price on T-Mobile US to $72.00 and gave the stock a “buy” rating in a research note on Monday, December 11th. Bank of America increased their target price on T-Mobile US from $34.00 to $40.00 and gave the stock an “underperform” rating in a research note on Tuesday, October 24th. KeyCorp set a $72.00 target price on T-Mobile US and gave the stock a “buy” rating in a research note on Wednesday, October 11th. UBS Group reissued a “buy” rating and set a $70.00 target price (down from $80.00) on shares of T-Mobile US in a research note on Monday, November 6th. Finally, Moffett Nathanson raised T-Mobile US from a “neutral” rating to a “buy” rating in a research note on Monday, November 27th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $69.86.

In other T-Mobile US news, EVP Elizabeth A. Mcauliffe sold 4,310 shares of the firm’s stock in a transaction on Saturday, December 29th. The stock was sold at an average price of $64.10, for a total transaction of $276,271.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO J Braxton Carter II sold 15,000 shares of the firm’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of $62.97, for a total value of $944,550.00. Following the transaction, the chief financial officer now directly owns 163,688 shares of the company’s stock, valued at approximately $10,307,433.36. The disclosure for this sale can be found here. Insiders have sold 73,620 shares of company stock valued at $4,708,192 in the last three months. 0.29% of the stock is currently owned by company insiders.

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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.

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

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