T-Mobile US (NASDAQ:TMUS) Rating Increased to Buy at Bank of America

Bank of America upgraded shares of T-Mobile US (NASDAQ:TMUS) from a neutral rating to a buy rating in a research report sent to investors on Monday morning, Marketbeat reports. Bank of America currently has $220.00 target price on the Wireless communications provider’s stock.

TMUS has been the topic of a number of other reports. Citigroup lifted their price target on T-Mobile US from $220.00 to $225.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 17th. Scotiabank lowered their target price on shares of T-Mobile US from $266.00 to $263.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, April 29th. Wall Street Zen raised shares of T-Mobile US from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Barclays reissued a “buy” rating on shares of T-Mobile US in a research note on Friday, April 24th. Finally, UBS Group lowered their price target on shares of T-Mobile US from $300.00 to $255.00 and set a “buy” rating on the stock in a research report on Monday, June 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $260.16.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $187.35 on Monday. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.97 and a current ratio of 1.09. The firm has a fifty day moving average of $186.09 and a 200 day moving average of $197.09. The firm has a market cap of $202.75 billion, a PE ratio of 19.85, a PEG ratio of 1.03 and a beta of 0.33. T-Mobile US has a one year low of $165.66 and a one year high of $261.56.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.01 by $0.26. The business had revenue of $23.11 billion for the quarter, compared to analyst estimates of $22.98 billion. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The company’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter last year, the business earned $2.58 earnings per share. As a group, research analysts predict that T-Mobile US will post 10.65 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 28th will be paid a $1.02 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.2%. T-Mobile US’s dividend payout ratio (DPR) is 43.40%.

Insider Transactions at T-Mobile US

In other news, insider Andre Almeida purchased 5,097 shares of the stock in a transaction dated Friday, May 1st. The shares were purchased at an average price of $196.18 per share, with a total value of $999,929.46. Following the transaction, the insider owned 44,850 shares in the company, valued at $8,798,673. The trade was a 12.82% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Michael J. Katz sold 5,000 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $195.81, for a total transaction of $979,050.00. Following the completion of the sale, the insider directly owned 181,930 shares of the company’s stock, valued at $35,623,713.30. This represents a 2.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.32% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Sei Investments Co. raised its position in T-Mobile US by 6.3% in the second quarter. Sei Investments Co. now owns 142,587 shares of the Wireless communications provider’s stock valued at $33,972,000 after purchasing an additional 8,491 shares during the period. Diversify Advisory Services LLC boosted its position in shares of T-Mobile US by 315.7% during the second quarter. Diversify Advisory Services LLC now owns 4,548 shares of the Wireless communications provider’s stock worth $1,147,000 after buying an additional 3,454 shares during the period. Darwin Wealth Management LLC acquired a new stake in shares of T-Mobile US in the second quarter valued at $375,000. Raymond James Financial Inc. raised its holdings in shares of T-Mobile US by 0.5% in the 2nd quarter. Raymond James Financial Inc. now owns 2,054,144 shares of the Wireless communications provider’s stock valued at $489,420,000 after buying an additional 9,568 shares during the period. Finally, Viking Global Investors LP lifted its stake in T-Mobile US by 81.7% during the 2nd quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock worth $677,925,000 after acquiring an additional 1,279,422 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US News Summary

Here are the key news stories impacting T-Mobile US this week:

• Positive Sentiment: Bank of America upgraded T-Mobile US to buy and raised its price target to $220, signaling confidence in the company’s valuation and competitive position. Read More
• Positive Sentiment: Analysts said T-Mobile appears better insulated than some peers from Starlink-related disruption, helping ease investor concerns across the telecom sector. Article Title
• Positive Sentiment: The stock has also been mentioned as a top pick in billionaire Jeffrey Talpins’ filings, reinforcing investor interest in the name. Article Title
• Neutral Sentiment: Market commentary highlighted that T-Mobile has significant strategic partnership value and may benefit if weaker rivals struggle, but this is more of a long-term industry theme than a near-term catalyst. Article Title
• Neutral Sentiment: Other headlines focused on broader telecom and satellite competition, but those reports also suggested the Starlink threat may be overstated for U.S. wireless carriers. Article Title

About T-Mobile US

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.