T-Mobile US, Inc. (NASDAQ:TMUS) Receives Consensus Rating of “Moderate Buy” from Analysts

T-Mobile US, Inc. (NASDAQ:TMUS) has received a consensus rating of “Moderate Buy” from the twenty-three research firms that are presently covering the company, MarketBeat.com reports. Eleven equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $257.55.

A number of equities research analysts recently weighed in on the stock. Oppenheimer upped their target price on shares of T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday, January 31st. Barclays upped their price target on T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. Evercore ISI raised shares of T-Mobile US to a “strong-buy” rating in a research report on Thursday, January 23rd. Scotiabank increased their price objective on shares of T-Mobile US from $247.00 to $275.00 and gave the company a “sector perform” rating in a research note on Monday, March 3rd. Finally, Tigress Financial lifted their target price on shares of T-Mobile US from $290.00 to $305.00 and gave the stock a “buy” rating in a research report on Tuesday.

Insider Activity at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the transaction, the director now owns 3,291 shares of the company’s stock, valued at $865,533. The trade was a 18.15 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.67% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On T-Mobile US

A number of institutional investors and hedge funds have recently modified their holdings of the company. Barclays PLC boosted its holdings in T-Mobile US by 38.3% in the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock valued at $653,160,000 after purchasing an additional 876,182 shares during the period. Gladstone Institutional Advisory LLC purchased a new stake in shares of T-Mobile US in the fourth quarter worth $1,552,000. Trust Co. of Vermont boosted its stake in T-Mobile US by 11.9% during the fourth quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider’s stock valued at $5,954,000 after buying an additional 2,865 shares during the period. Rice Partnership LLC purchased a new position in T-Mobile US during the fourth quarter worth about $7,678,000. Finally, Exchange Traded Concepts LLC grew its position in T-Mobile US by 737.8% during the fourth quarter. Exchange Traded Concepts LLC now owns 56,521 shares of the Wireless communications provider’s stock worth $12,476,000 after buying an additional 49,775 shares in the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

T-Mobile US Trading Up 2.0 %

Shares of T-Mobile US stock opened at $241.59 on Wednesday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US has a 52 week low of $161.61 and a 52 week high of $276.49. The stock has a 50 day moving average price of $259.35 and a two-hundred day moving average price of $241.14. The stock has a market capitalization of $274.61 billion, a PE ratio of 24.98, a price-to-earnings-growth ratio of 1.55 and a beta of 0.63.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, beating analysts’ consensus estimates of $2.48 by $0.10. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. The business had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.67 billion. During the same quarter in the previous year, the business posted $2.00 EPS. T-Mobile US’s quarterly revenue was up 6.6% on a year-over-year basis. As a group, equities analysts anticipate that T-Mobile US will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date is Friday, May 30th. T-Mobile US’s payout ratio is currently 34.34%.

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 United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.