T-Mobile US, Inc. (NASDAQ:TMUS) – Stock analysts at KeyCorp upped their Q4 2017 earnings per share (EPS) estimates for T-Mobile US in a research note issued on Tuesday. KeyCorp analyst B. Nispel now anticipates that the Wireless communications provider will post earnings per share of $0.23 for the quarter, up from their prior forecast of $0.22. KeyCorp currently has a “Buy” rating and a $76.00 price target on the stock. KeyCorp also issued estimates for T-Mobile US’s Q1 2018 earnings at $0.43 EPS, Q2 2018 earnings at $0.77 EPS, Q3 2018 earnings at $0.58 EPS, Q4 2018 earnings at $0.40 EPS and FY2018 earnings at $2.18 EPS.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Monday, October 23rd. The Wireless communications provider reported $0.63 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.17. The firm had revenue of $10.02 billion during the quarter, compared to analysts’ expectations of $10.01 billion. T-Mobile US had a net margin of 5.55% and a return on equity of 9.99%. T-Mobile US’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.27 EPS.

Several other analysts have also recently commented on TMUS. Moffett Nathanson reaffirmed a “neutral” rating on shares of T-Mobile US in a research note on Thursday, October 12th. BidaskClub cut shares of T-Mobile US from a “hold” rating to a “sell” rating in a research note on Saturday, September 30th. Royal Bank of Canada reissued a “buy” rating and set a $76.00 price objective on shares of T-Mobile US in a research note on Tuesday, October 3rd. Robert W. Baird reissued a “hold” rating and set a $70.00 price objective on shares of T-Mobile US in a research note on Monday, November 6th. Finally, Deutsche Bank lowered their price objective on shares of T-Mobile US from $70.00 to $65.00 and set a “hold” rating for the company in a research note on Tuesday, October 10th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $69.86.

Shares of T-Mobile US (TMUS) opened at $63.68 on Thursday. The company has a market cap of $53,112.59, a P/E ratio of 28.89, a price-to-earnings-growth ratio of 1.01 and a beta of 0.28. The company has a quick ratio of 0.80, a current ratio of 0.92 and a debt-to-equity ratio of 1.50. T-Mobile US has a 12 month low of $54.60 and a 12 month high of $68.88.

T-Mobile US announced that its Board of Directors has initiated a share repurchase plan on Wednesday, December 6th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the Wireless communications provider to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

In other T-Mobile US news, EVP Peter A. Ewens sold 10,000 shares of the business’s stock in a transaction on Monday, January 8th. The shares were sold at an average price of $65.05, for a total value of $650,500.00. Following the transaction, the executive vice president now owns 146,434 shares in the company, valued at approximately $9,525,531.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO J Braxton Carter II sold 15,000 shares of the business’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of $62.97, for a total transaction of $944,550.00. Following the completion of the transaction, the chief financial officer now owns 163,688 shares in the company, valued at approximately $10,307,433.36. The disclosure for this sale can be found here. Insiders sold a total of 73,620 shares of company stock worth $4,708,192 in the last quarter. 0.29% of the stock is currently owned by company insiders.

A number of hedge funds have recently modified their holdings of TMUS. Janus Henderson Group PLC lifted its holdings in T-Mobile US by 12,230.1% in the 2nd quarter. Janus Henderson Group PLC now owns 4,479,412 shares of the Wireless communications provider’s stock worth $271,542,000 after buying an additional 4,443,083 shares in the last quarter. Capital World Investors lifted its holdings in T-Mobile US by 158.7% in the 2nd quarter. Capital World Investors now owns 3,867,024 shares of the Wireless communications provider’s stock worth $234,419,000 after buying an additional 2,372,024 shares in the last quarter. Paulson & CO. Inc. raised its stake in shares of T-Mobile US by 46.1% in the 2nd quarter. Paulson & CO. Inc. now owns 6,050,700 shares of the Wireless communications provider’s stock valued at $366,793,000 after purchasing an additional 1,910,600 shares in the last quarter. BlackRock Inc. raised its stake in shares of T-Mobile US by 10.9% in the 2nd quarter. BlackRock Inc. now owns 15,334,976 shares of the Wireless communications provider’s stock valued at $929,608,000 after purchasing an additional 1,502,636 shares in the last quarter. Finally, Carmignac Gestion raised its stake in shares of T-Mobile US by 32.1% in the 3rd quarter. Carmignac Gestion now owns 5,844,199 shares of the Wireless communications provider’s stock valued at $360,353,000 after purchasing an additional 1,419,024 shares in the last quarter. Hedge funds and other institutional investors own 34.93% of the company’s stock.

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T-Mobile US Company Profile

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services to approximately 71 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.

Earnings History and Estimates for T-Mobile US (NASDAQ:TMUS)

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