T-Mobile Us Inc (NASDAQ:TMUS) was up 1.2% on Wednesday after Nomura raised their price target on the stock from $96.00 to $102.00. The stock traded as high as $95.23 and last traded at $95.60, approximately 5,590,491 shares changed hands during mid-day trading. An increase of 105% from the average daily volume of 2,724,658 shares. The stock had previously closed at $94.49.
TMUS has been the subject of several other research reports. Cowen dropped their price objective on T-Mobile Us from $93.00 to $87.00 and set an “outperform” rating for the company in a report on Tuesday, October 29th. Raymond James increased their target price on T-Mobile Us from $94.00 to $95.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, October 30th. KeyCorp increased their target price on T-Mobile Us from $90.00 to $99.00 and gave the stock an “overweight” rating in a research report on Friday, February 7th. SunTrust Banks reissued a “buy” rating and issued a $100.00 target price on shares of T-Mobile Us in a research report on Friday, February 7th. Finally, ValuEngine lowered T-Mobile Us from a “hold” rating to a “sell” rating in a research report on Thursday, January 16th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. T-Mobile Us presently has a consensus rating of “Buy” and an average price target of $94.92.
Large investors have recently made changes to their positions in the company. Lloyd Advisory Services LLC. bought a new position in T-Mobile Us during the 4th quarter valued at approximately $39,000. NumerixS Investment Technologies Inc bought a new position in T-Mobile Us during the 4th quarter valued at approximately $409,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its position in T-Mobile Us by 70.5% during the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 80,540 shares of the Wireless communications provider’s stock valued at $6,316,000 after buying an additional 33,289 shares in the last quarter. Advisor Group Inc. increased its position in T-Mobile Us by 56.2% during the 4th quarter. Advisor Group Inc. now owns 24,443 shares of the Wireless communications provider’s stock valued at $1,917,000 after buying an additional 8,794 shares in the last quarter. Finally, Vestcor Investment Management Corp bought a new position in T-Mobile Us during the 4th quarter valued at approximately $1,942,000. 33.86% of the stock is owned by hedge funds and other institutional investors.
The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.67 and a current ratio of 0.74. The company has a market cap of $72.44 billion, a P/E ratio of 23.74, a price-to-earnings-growth ratio of 1.64 and a beta of 0.43. The stock has a 50-day moving average of $80.57 and a two-hundred day moving average of $79.22.
T-Mobile Us (NASDAQ:TMUS) last posted its quarterly earnings data on Thursday, February 6th. The Wireless communications provider reported $0.87 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.83 by $0.04. T-Mobile Us had a return on equity of 14.09% and a net margin of 7.71%. The company had revenue of $11.88 billion during the quarter, compared to analyst estimates of $11.82 billion. During the same quarter last year, the company earned $0.75 EPS. The firm’s revenue for the quarter was up 3.8% on a year-over-year basis. Research analysts predict that T-Mobile Us Inc will post 4.69 EPS for the current year.
About T-Mobile Us (NASDAQ:TMUS)
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 79.7 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.
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