T-Mobile US (NASDAQ:TMUS) Sets New 12-Month Low Following Analyst Downgrade

Shares of T-Mobile US, Inc. (NASDAQ:TMUS) reached a new 52-week low on Tuesday after Morgan Stanley lowered their price target on the stock from $280.00 to $260.00. Morgan Stanley currently has an overweight rating on the stock. T-Mobile US traded as low as $199.17 and last traded at $201.3650, with a volume of 2875106 shares traded. The stock had previously closed at $204.44.

A number of other equities analysts also recently commented on the stock. Argus decreased their price target on shares of T-Mobile US from $275.00 to $245.00 and set a “buy” rating for the company in a research report on Tuesday. Cowen reissued a “buy” rating on shares of T-Mobile US in a research report on Friday, October 24th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of T-Mobile US in a report on Monday. Oppenheimer lowered T-Mobile US from an “outperform” rating to a “market perform” rating in a report on Friday, November 21st. Finally, DZ Bank reissued a “buy” rating on shares of T-Mobile US in a research report on Tuesday, October 28th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, T-Mobile US currently has a consensus rating of “Moderate Buy” and an average target price of $265.17.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 64,452 shares of the business’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $240.65, for a total transaction of $15,510,373.80. Following the sale, the director owned 634,821,326 shares in the company, valued at approximately $152,769,752,101.90. The trade was a 0.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last ninety days, insiders sold 1,301,598 shares of company stock valued at $300,561,785. Company insiders own 0.37% of the company’s stock.

Institutional Investors Weigh In On T-Mobile US

A number of institutional investors and hedge funds have recently modified their holdings of the company. Weaver Capital Management LLC lifted its stake in T-Mobile US by 0.6% during the 2nd quarter. Weaver Capital Management LLC now owns 6,737 shares of the Wireless communications provider’s stock valued at $1,605,000 after acquiring an additional 42 shares during the period. Haven Private LLC raised its holdings in shares of T-Mobile US by 1.3% during the second quarter. Haven Private LLC now owns 3,186 shares of the Wireless communications provider’s stock worth $759,000 after purchasing an additional 42 shares during the last quarter. Bank of Stockton lifted its position in T-Mobile US by 1.2% during the second quarter. Bank of Stockton now owns 3,802 shares of the Wireless communications provider’s stock valued at $906,000 after purchasing an additional 44 shares during the period. Richardson Financial Services Inc. boosted its holdings in T-Mobile US by 0.9% in the second quarter. Richardson Financial Services Inc. now owns 4,899 shares of the Wireless communications provider’s stock valued at $1,183,000 after purchasing an additional 45 shares during the last quarter. Finally, Cetera Trust Company N.A boosted its holdings in T-Mobile US by 0.4% in the second quarter. Cetera Trust Company N.A now owns 12,018 shares of the Wireless communications provider’s stock valued at $2,863,000 after purchasing an additional 45 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Price Performance

The firm has a 50-day simple moving average of $215.14 and a two-hundred day simple moving average of $231.29. The company has a market capitalization of $218.47 billion, a price-to-earnings ratio of 18.78, a P/E/G ratio of 1.29 and a beta of 0.44. The company has a current ratio of 0.89, a quick ratio of 0.80 and a debt-to-equity ratio of 1.37.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 EPS for the quarter, topping analysts’ consensus estimates of $2.40 by $0.01. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.The firm had revenue of $21.96 billion for the quarter, compared to the consensus estimate of $21.61 billion. During the same quarter in the prior year, the business earned $2.61 earnings per share. The company’s revenue was up 8.9% compared to the same quarter last year. As a group, analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Friday, February 27th will be paid a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, February 27th. T-Mobile US’s payout ratio is currently 39.23%.

About T-Mobile US

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.