T-Mobile US Inc. (NASDAQ:TMUS) was downgraded by equities researchers at Vetr from a “buy” rating to a “hold” rating in a note issued to investors on Monday. They presently have a $48.53 price target on the stock. Vetr‘s target price would suggest a potential upside of 4.25% from the company’s previous close.

A number of other research firms also recently commented on TMUS. Argus reissued a “buy” rating and issued a $56.00 target price (up previously from $49.00) on shares of T-Mobile US in a report on Thursday, August 4th. Citigroup Inc. reissued a “buy” rating and issued a $51.00 target price (up previously from $47.00) on shares of T-Mobile US in a report on Monday, June 13th. Jefferies Group raised their target price on T-Mobile US from $45.00 to $55.00 and gave the company a “buy” rating in a report on Thursday, July 21st. Robert W. Baird reissued a “neutral” rating and issued a $42.00 target price on shares of T-Mobile US in a report on Tuesday, June 28th. Finally, Zacks Investment Research raised T-Mobile US from a “hold” rating to a “buy” rating and set a $49.00 target price for the company in a report on Tuesday, July 12th. Ten research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $48.78.

T-Mobile US (NASDAQ:TMUS) opened at 46.55 on Monday. The stock’s 50 day moving average is $46.56 and its 200 day moving average is $42.23. The firm has a market cap of $38.30 billion, a PE ratio of 35.81 and a beta of 0.76. T-Mobile US has a 12 month low of $33.23 and a 12 month high of $48.11.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Wednesday, July 27th. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.05. T-Mobile US had a return on equity of 6.77% and a net margin of 3.36%. The company earned $9.20 billion during the quarter, compared to the consensus estimate of $9.03 billion. During the same quarter last year, the company earned $0.42 earnings per share. T-Mobile US’s quarterly revenue was up 12.2% compared to the same quarter last year. On average, equities analysts forecast that T-Mobile US will post $1.31 earnings per share for the current year.

In related news, insider Thomas Christopher Keys sold 14,700 shares of the business’s stock in a transaction that occurred on Friday, September 2nd. The stock was sold at an average price of $47.11, for a total transaction of $692,517.00. Following the transaction, the insider now directly owns 355,876 shares of the company’s stock, valued at approximately $16,765,318.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Neville R. Ray sold 3,969 shares of the business’s stock in a transaction that occurred on Friday, July 22nd. The stock was sold at an average price of $45.01, for a total value of $178,644.69. Following the transaction, the executive vice president now directly owns 206,073 shares in the company, valued at $9,275,345.73. The disclosure for this sale can be found here. 0.30% of the stock is owned by insiders.

A number of institutional investors have recently added to or reduced their stakes in TMUS. Junto Capital Management LP bought a new position in T-Mobile US during the first quarter valued at approximately $31,310,000. Royal Bank of Canada increased its stake in T-Mobile US by 84.5% in the first quarter. Royal Bank of Canada now owns 539,418 shares of the company’s stock valued at $20,659,000 after buying an additional 246,987 shares in the last quarter. Geode Capital Management LLC increased its stake in T-Mobile US by 2.0% in the first quarter. Geode Capital Management LLC now owns 1,937,905 shares of the company’s stock valued at $74,182,000 after buying an additional 38,059 shares in the last quarter. Invictus RG increased its stake in T-Mobile US by 330.4% in the first quarter. Invictus RG now owns 3,641 shares of the company’s stock valued at $139,000 after buying an additional 2,795 shares in the last quarter. Finally, Nationwide Fund Advisors increased its stake in T-Mobile US by 0.3% in the second quarter. Nationwide Fund Advisors now owns 266,600 shares of the company’s stock valued at $11,536,000 after buying an additional 800 shares in the last quarter. 34.18% of the stock is currently owned by hedge funds and other institutional investors.

About T-Mobile US

5 Day Chart for NASDAQ:TMUS

Receive News & Ratings for T-Mobile US Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile US Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.