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

T-Mobile US, Inc. (NASDAQ:TMUS) has been assigned an average rating of “Moderate Buy” from the thirty ratings firms that are covering the company, MarketBeat reports. Seven analysts have rated the stock with a hold recommendation, twenty-two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $260.2692.

Several equities analysts have recently commented on TMUS shares. Barclays reaffirmed a “buy” rating on shares of T-Mobile US in a report on Friday, April 24th. Scotiabank reduced their price objective on T-Mobile US from $266.00 to $263.00 and set a “sector outperform” rating for the company in a research report on Wednesday, April 29th. Arete Research upped their price objective on T-Mobile US from $295.00 to $300.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Freedom Capital raised T-Mobile US from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 17th. Finally, Oppenheimer raised T-Mobile US from a “market perform” rating to an “outperform” rating and set a $260.00 target price on the stock in a research report on Wednesday, April 29th.

Insider Activity

In other T-Mobile US news, insider Andre Almeida purchased 5,097 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were bought at an average price of $196.18 per share, with a total value of $999,929.46. Following the completion of the acquisition, the insider owned 44,850 shares in the company, valued at approximately $8,798,673. This represents a 12.82% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael J. Katz sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $195.81, for a total value of $979,050.00. Following the transaction, the insider owned 181,930 shares of the company’s stock, valued at approximately $35,623,713.30. This represents a 2.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.32% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. CYBER HORNET ETFs LLC raised its position in T-Mobile US by 3.8% in the third quarter. CYBER HORNET ETFs LLC now owns 1,319 shares of the Wireless communications provider’s stock worth $316,000 after acquiring an additional 48 shares in the last quarter. Tevis Investment Management boosted its position in shares of T-Mobile US by 3.0% during the 3rd quarter. Tevis Investment Management now owns 1,688 shares of the Wireless communications provider’s stock valued at $404,000 after purchasing an additional 49 shares in the last quarter. Meeder Asset Management Inc. boosted its position in shares of T-Mobile US by 16.2% during the 4th quarter. Meeder Asset Management Inc. now owns 351 shares of the Wireless communications provider’s stock valued at $71,000 after purchasing an additional 49 shares in the last quarter. Meiji Yasuda Life Insurance Co grew its stake in shares of T-Mobile US by 0.6% in the 3rd quarter. Meiji Yasuda Life Insurance Co now owns 8,094 shares of the Wireless communications provider’s stock worth $1,938,000 after purchasing an additional 50 shares during the last quarter. Finally, Wellspring Financial Advisors LLC grew its stake in shares of T-Mobile US by 4.3% in the 4th quarter. Wellspring Financial Advisors LLC now owns 1,273 shares of the Wireless communications provider’s stock worth $259,000 after purchasing an additional 52 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Performance

NASDAQ TMUS opened at $177.52 on Monday. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.97 and a current ratio of 1.09. T-Mobile US has a one year low of $165.66 and a one year high of $261.56. The company has a 50-day simple moving average of $186.09 and a 200-day simple moving average of $197.08. The firm has a market capitalization of $192.11 billion, a PE ratio of 18.89, a price-to-earnings-growth ratio of 1.03 and a beta of 0.33.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.01 by $0.26. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The firm 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 business earned $2.58 earnings per share. T-Mobile US’s quarterly revenue was up 10.6% on a year-over-year basis. On average, equities analysts forecast that T-Mobile US will post 10.65 earnings per share for the current year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 28th will be paid a $1.02 dividend. The ex-dividend date is Friday, August 28th. This represents a $4.08 annualized dividend and a dividend yield of 2.3%. T-Mobile US’s dividend payout ratio (DPR) is presently 43.40%.

T-Mobile US Company Profile

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.