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

Shares of T-Mobile US, Inc. (NASDAQ:TMUS) have been given a consensus recommendation of “Moderate Buy” by the thirty-two ratings firms that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation, sixteen have assigned a buy recommendation and three have issued a strong buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $266.8333.

A number of research firms have weighed in on TMUS. Royal Bank Of Canada reaffirmed a “buy” rating on shares of T-Mobile US in a research note on Friday, October 24th. BNP Paribas Exane upped their target price on shares of T-Mobile US from $290.00 to $305.00 and gave the stock an “outperform” rating in a report on Monday, October 6th. Zacks Research cut shares of T-Mobile US from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. Oppenheimer downgraded T-Mobile US from an “outperform” rating to a “market perform” rating in a research note on Friday. Finally, JPMorgan Chase & Co. increased their price objective on T-Mobile US from $280.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 30th.

T-Mobile US Trading Down 0.5%

Shares of T-Mobile US stock opened at $209.48 on Friday. The stock has a market capitalization of $234.30 billion, a PE ratio of 20.14, a price-to-earnings-growth ratio of 1.51 and a beta of 0.57. T-Mobile US has a 52 week low of $199.41 and a 52 week high of $276.49. The stock has a 50 day moving average price of $223.42 and a two-hundred day moving average price of $234.56. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.80 and a current ratio of 0.89.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share for the quarter, topping analysts’ consensus estimates of $2.40 by $0.01. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.The company had revenue of $21.96 billion for the quarter, compared to analyst estimates of $21.61 billion. During the same period in the prior year, the firm earned $2.61 earnings per share. T-Mobile US’s revenue for the quarter was up 8.9% on a year-over-year basis. As a group, equities analysts anticipate that T-Mobile US will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 26th will be given a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Wednesday, November 26th. This is an increase from T-Mobile US’s previous quarterly dividend of $0.88. T-Mobile US’s payout ratio is currently 39.23%.

Insider Transactions at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the company’s stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $240.08, for a total value of $16,767,187.20. Following the completion of the sale, the director owned 635,014,604 shares in the company, valued at $152,454,306,128.32. This represents a 0.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Over the last quarter, insiders have sold 1,789,021 shares of company stock worth $422,253,956. 0.37% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Activest Wealth Management lifted its position in shares of T-Mobile US by 9,400.0% during the 1st quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 94 shares in the last quarter. Howard Hughes Medical Institute purchased a new stake in shares of T-Mobile US during the second quarter valued at approximately $25,000. United Community Bank increased its position in shares of T-Mobile US by 131.1% during the third quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 59 shares during the last quarter. Missouri Trust & Investment Co lifted its holdings in T-Mobile US by 807.7% during the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 105 shares during the period. Finally, Elevation Wealth Partners LLC boosted its position in T-Mobile US by 190.0% in the third quarter. Elevation Wealth Partners LLC now owns 116 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 76 shares during the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

About T-Mobile US

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.