Analysts Set T-Mobile US, Inc. (NASDAQ:TMUS) PT at $252.08

T-Mobile US, Inc. (NASDAQ:TMUS) has been assigned a consensus recommendation of “Moderate Buy” from the thirty ratings firms that are covering the company, Marketbeat Ratings reports. Eight research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $252.08.

Several research firms recently issued reports on TMUS. Benchmark reduced their price target on T-Mobile US from $295.00 to $280.00 and set a “buy” rating on the stock in a research report on Friday, July 24th. Weiss Ratings lowered T-Mobile US from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 15th. Royal Bank Of Canada dropped their price objective on T-Mobile US from $240.00 to $230.00 and set an “outperform” rating for the company in a research note on Monday, July 20th. UBS Group cut their target price on shares of T-Mobile US from $255.00 to $235.00 and set a “buy” rating on the stock in a report on Friday, July 24th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on shares of T-Mobile US from $300.00 to $285.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th.

T-Mobile US Stock Up 1.0%

Shares of NASDAQ:TMUS opened at $183.04 on Tuesday. The stock has a market capitalization of $196.34 billion, a P/E ratio of 19.17, a price-to-earnings-growth ratio of 1.03 and a beta of 0.33. The stock’s 50-day moving average price is $181.42 and its 200-day moving average price is $193.98. The company has a current ratio of 0.92, a quick ratio of 0.83 and a debt-to-equity ratio of 1.48. T-Mobile US has a 12-month low of $165.66 and a 12-month high of $261.25.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share for the quarter, beating analysts’ consensus estimates of $2.59 by $0.40. The company had revenue of $22.79 billion during the quarter, compared to analyst estimates of $22.95 billion. T-Mobile US had a return on equity of 20.16% and a net margin of 11.45%.T-Mobile US’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.84 EPS. On average, equities analysts anticipate that T-Mobile US will post 10.73 earnings per share for the current year.

T-Mobile US Announces Dividend

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 issued a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Friday, August 28th. T-Mobile US’s dividend payout ratio (DPR) is 42.72%.

Hedge Funds Weigh In On T-Mobile US

Hedge funds and other institutional investors have recently modified their holdings of the company. JDM Financial Group LLC grew its stake in shares of T-Mobile US by 114.0% in the fourth quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 65 shares during the last quarter. Main Street Group LTD purchased a new position in T-Mobile US during the 1st quarter valued at about $25,000. Paladin Partners LLC bought a new position in T-Mobile US during the 2nd quarter valued at approximately $25,000. Dunhill Financial LLC bought a new position in T-Mobile US during the 2nd quarter valued at approximately $27,000. Finally, Swiss RE Ltd. purchased a new stake in T-Mobile US in the 4th quarter worth approximately $29,000. 42.49% of the stock is owned by institutional investors.

About T-Mobile US

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.