T-Mobile US, Inc. (NASDAQ:TMUS)‘s stock had its “buy” rating reissued by investment analysts at Barclays PLC in a research report issued to clients and investors on Wednesday. They currently have a $65.00 price target on the stock. Barclays PLC’s price objective points to a potential upside of 7.24% from the stock’s current price.

Other equities analysts have also recently issued reports about the stock. Royal Bank Of Canada lifted their price objective on shares of T-Mobile US from $67.00 to $69.00 and gave the stock an “outperform” rating in a research report on Wednesday. RBC Capital Markets reaffirmed a “buy” rating and set a $67.00 price objective on shares of T-Mobile US in a research report on Thursday, January 12th. Instinet reaffirmed a “neutral” rating and set a $62.00 price objective on shares of T-Mobile US in a research report on Wednesday. Nomura reaffirmed a “neutral” rating and set a $46.00 price objective on shares of T-Mobile US in a research report on Sunday, January 8th. Finally, FBR & Co lifted their price objective on shares of T-Mobile US from $48.00 to $54.00 and gave the stock a “mkt perform” rating in a research report on Tuesday, October 25th. Ten investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. T-Mobile US currently has an average rating of “Buy” and an average target price of $56.45.

Analyst Recommendations for T-Mobile US (NASDAQ:TMUS)

Shares of T-Mobile US (NASDAQ:TMUS) opened at 60.61 on Wednesday. T-Mobile US has a 12 month low of $34.87 and a 12 month high of $63.68. The firm has a market cap of $50.09 billion, a PE ratio of 35.86 and a beta of 0.71. The company’s 50 day moving average is $59.99 and its 200-day moving average is $52.31.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Tuesday, February 14th. The company reported $0.45 EPS for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.16. T-Mobile US had a net margin of 3.87% and a return on equity of 7.21%. The firm earned $10.20 billion during the quarter, compared to analysts’ expectations of $9.84 billion. During the same period in the previous year, the business posted $0.34 earnings per share. The company’s revenue for the quarter was up 23.4% compared to the same quarter last year. Equities research analysts predict that T-Mobile US will post $1.82 EPS for the current year.

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In related news, insider Thomas Christopher Keys sold 100,000 shares of the business’s stock in a transaction dated Wednesday, January 25th. The stock was sold at an average price of $60.31, for a total value of $6,031,000.00. Following the completion of the transaction, the insider now owns 455,876 shares of the company’s stock, valued at $27,493,881.56. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director W Michael Barnes sold 22,500 shares of the business’s stock in a transaction dated Friday, December 30th. The shares were sold at an average price of $57.86, for a total value of $1,301,850.00. Following the completion of the transaction, the director now directly owns 113,267 shares of the company’s stock, valued at approximately $6,553,628.62. The disclosure for this sale can be found here. 0.30% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently modified their holdings of the company. Toronto Dominion Bank increased its position in shares of T-Mobile US by 57.7% in the third quarter. Toronto Dominion Bank now owns 2,484 shares of the company’s stock valued at $116,000 after buying an additional 909 shares during the last quarter. US Bancorp DE increased its position in shares of T-Mobile US by 5.5% in the third quarter. US Bancorp DE now owns 2,779 shares of the company’s stock valued at $130,000 after buying an additional 144 shares during the last quarter. Gilder Gagnon Howe & Co. LLC increased its position in shares of T-Mobile US by 9.6% in the second quarter. Gilder Gagnon Howe & Co. LLC now owns 3,079 shares of the company’s stock valued at $133,000 after buying an additional 269 shares during the last quarter. Winslow Evans & Crocker Inc. increased its position in shares of T-Mobile US by 9.4% in the third quarter. Winslow Evans & Crocker Inc. now owns 3,134 shares of the company’s stock valued at $146,000 after buying an additional 270 shares during the last quarter. Finally, Riverhead Capital Management LLC acquired a new position in shares of T-Mobile US during the third quarter valued at approximately $150,000. 33.17% of the stock is owned by hedge funds and other institutional investors.

5 Day Chart for NASDAQ:TMUS

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