T-Mobile US (NASDAQ:TMUS) Releases Quarterly Earnings Results, Beats Expectations By $0.17 EPS

T-Mobile US (NASDAQ:TMUS) released its quarterly earnings data on Thursday. The Wireless communications provider reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.17, Briefing.com reports. The business had revenue of $19.59 billion during the quarter, compared to analyst estimates of $19.81 billion. T-Mobile US had a return on equity of 13.45% and a net margin of 11.15%. The company’s revenue was down .2% compared to the same quarter last year. During the same period last year, the company posted $1.58 EPS.

T-Mobile US Trading Down 0.1 %

T-Mobile US stock opened at $163.96 on Friday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.83 and a current ratio of 0.91. The business’s 50-day simple moving average is $162.51 and its 200-day simple moving average is $157.08. The firm has a market capitalization of $194.60 billion, a PE ratio of 22.31, a PEG ratio of 0.68 and a beta of 0.49. T-Mobile US has a 52 week low of $124.92 and a 52 week high of $168.64.

T-Mobile US Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be paid a $0.65 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.59%. T-Mobile US’s payout ratio is presently 35.37%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on TMUS. Wells Fargo & Company raised their price objective on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Monday, January 22nd. Raymond James raised their target price on T-Mobile US from $180.00 to $185.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 26th. Tigress Financial increased their price objective on T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, February 8th. Morgan Stanley increased their price objective on T-Mobile US from $180.00 to $186.00 and gave the stock an “overweight” rating in a report on Monday, January 29th. Finally, Oppenheimer reiterated an “outperform” rating and set a $190.00 price objective on shares of T-Mobile US in a report on Wednesday, April 3rd. One analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $186.33.

Insider Buying and Selling

In related news, Director Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock in a transaction dated Friday, April 26th. The stock was sold at an average price of $163.26, for a total transaction of $30,965,524.20. Following the sale, the director now directly owns 678,107,041 shares of the company’s stock, valued at $110,707,755,513.66. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other T-Mobile US news, Director Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of $163.26, for a total transaction of $30,965,524.20. Following the sale, the director now directly owns 678,107,041 shares of the company’s stock, valued at $110,707,755,513.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael J. Katz sold 6,655 shares of T-Mobile US stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $161.23, for a total value of $1,072,985.65. Following the sale, the insider now directly owns 126,616 shares in the company, valued at $20,414,297.68. The disclosure for this sale can be found here. Insiders have sold a total of 6,180,319 shares of company stock valued at $1,002,629,987 over the last three months. 0.70% of the stock is owned by corporate insiders.

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.