T-Mobile US (NASDAQ:TMUS) Earns Neutral Rating from Sanford C. Bernstein

T-Mobile US (NASDAQ:TMUS)‘s stock had its “neutral” rating reaffirmed by research analysts at Sanford C. Bernstein in a research report issued to clients and investors on Monday,MarketScreener reports.

A number of other research analysts have also recently weighed in on the company. DZ Bank reiterated a “buy” rating on shares of T-Mobile US in a report on Tuesday, October 28th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of T-Mobile US in a research note on Monday, December 15th. Argus decreased their target price on T-Mobile US from $275.00 to $245.00 and set a “buy” rating for the company in a report on Tuesday, December 9th. KeyCorp upgraded shares of T-Mobile US from an “underweight” rating to a “sector weight” rating in a report on Tuesday, December 2nd. Finally, Moffett Nathanson lifted their price target on shares of T-Mobile US from $210.00 to $230.00 and gave the company a “neutral” rating in a research report on Thursday, October 2nd. Three research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $260.17.

T-Mobile US Price Performance

T-Mobile US stock opened at $197.67 on Monday. T-Mobile US has a 1 year low of $194.01 and a 1 year high of $276.49. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.80 and a current ratio of 0.89. The firm has a 50 day moving average price of $209.65 and a 200 day moving average price of $228.31. The company has a market cap of $221.10 billion, a price-to-earnings ratio of 19.01, a PEG ratio of 1.26 and a beta of 0.44.

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

Insiders Place Their Bets

In other T-Mobile US news, Director Letitia A. Long sold 1,457 shares of T-Mobile US stock in a transaction on Friday, December 5th. The shares were sold at an average price of $210.32, for a total value of $306,436.24. Following the completion of the transaction, the director owned 5,438 shares of the company’s stock, valued at $1,143,720.16. The trade was a 21.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Telekom Ag Deutsche sold 1,374 shares of the stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $220.46, for a total transaction of $302,912.04. Following the sale, the director owned 582,065,875 shares in the company, valued at approximately $128,322,242,802.50. This trade represents a 0.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 979,442 shares of company stock worth $223,402,816. Corporate insiders own 0.37% of the company’s stock.

Institutional Trading of T-Mobile US

Large investors have recently added to or reduced their stakes in the business. Activest Wealth Management lifted its holdings in T-Mobile US by 9,400.0% in the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 94 shares during the period. Howard Hughes Medical Institute bought a new stake in shares of T-Mobile US during the 2nd quarter worth about $25,000. United Community Bank lifted its stake in shares of T-Mobile US by 131.1% in the 3rd quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 59 shares during the period. Elevation Wealth Partners LLC lifted its stake in shares of T-Mobile US by 190.0% in the 3rd quarter. Elevation Wealth Partners LLC now owns 116 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 76 shares during the period. Finally, Missouri Trust & Investment Co boosted its holdings in shares of T-Mobile US by 807.7% in the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 105 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Company Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.