T-Mobile US, Inc. (NASDAQ:TMUS) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of T-Mobile US, Inc. (NASDAQ:TMUS) have earned a consensus recommendation of “Moderate Buy” from the thirty analysts that are presently covering the company, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation, twenty-two have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $260.48.

Several brokerages have recently commented on TMUS. Wolfe Research reaffirmed an “outperform” rating and issued a $255.00 price target on shares of T-Mobile US in a research note on Thursday, February 12th. Weiss Ratings reissued a “hold (c+)” rating on shares of T-Mobile US in a research note on Friday, April 10th. Moffett Nathanson raised T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 target price on the stock in a research note on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft decreased their target price on T-Mobile US from $300.00 to $285.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Finally, Morgan Stanley assumed coverage on T-Mobile US in a research note on Thursday, April 16th. They set an “overweight” rating and a $260.00 target price on the stock.

Insider Buying and Selling

In other news, insider Andre Almeida bought 5,097 shares of the firm’s stock in a transaction that occurred on 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 purchase, the insider owned 44,850 shares in the company, valued at approximately $8,798,673. The trade was a 12.82% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Jon Freier sold 4,799 shares of the stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $190.00, for a total value of $911,810.00. Following the transaction, the chief operating officer directly owned 217,168 shares in the company, valued at approximately $41,261,920. The trade was a 2.16% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.32% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On T-Mobile US

Several large investors have recently bought and sold shares of the stock. Cozad Asset Management Inc. increased its holdings in T-Mobile US by 30.6% during the 1st quarter. Cozad Asset Management Inc. now owns 49,423 shares of the Wireless communications provider’s stock worth $10,380,000 after purchasing an additional 11,594 shares during the period. Glenmede Trust Co. NA increased its holdings in T-Mobile US by 5.9% during the 1st quarter. Glenmede Trust Co. NA now owns 17,452 shares of the Wireless communications provider’s stock worth $3,665,000 after purchasing an additional 977 shares during the period. Essential Partners LLC increased its holdings in T-Mobile US by 336.9% during the 1st quarter. Essential Partners LLC now owns 1,219 shares of the Wireless communications provider’s stock worth $256,000 after purchasing an additional 940 shares during the period. Vestor Capital LLC increased its holdings in T-Mobile US by 20,595.5% during the 1st quarter. Vestor Capital LLC now owns 41,391 shares of the Wireless communications provider’s stock worth $8,693,000 after purchasing an additional 41,191 shares during the period. Finally, Groupe la Francaise increased its holdings in T-Mobile US by 25.1% during the 1st quarter. Groupe la Francaise now owns 286,246 shares of the Wireless communications provider’s stock worth $60,081,000 after purchasing an additional 57,341 shares during the period. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Performance

Shares of T-Mobile US stock opened at $181.45 on Thursday. T-Mobile US has a 52 week low of $180.44 and a 52 week high of $261.56. The business’s fifty day simple moving average is $195.00 and its 200-day simple moving average is $201.12. The firm has a market cap of $196.37 billion, a PE ratio of 19.30, a price-to-earnings-growth ratio of 1.10 and a beta of 0.31. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.58.

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

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 29th will be paid a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $4.08 annualized dividend and a yield of 2.2%. T-Mobile US’s dividend payout ratio is presently 43.40%.

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.