T-Mobile US, Inc. (NASDAQ:TMUS) was upgraded by stock analysts at HSBC Holdings PLC from a “hold” rating to a “buy” rating in a research note issued on Tuesday.

A number of other research firms also recently weighed in on TMUS. Bank of America Corporation lifted their target price on T-Mobile US from $34.00 to $40.00 and gave the stock an “underperform” rating in a research report on Tuesday, October 24th. Deutsche Bank AG decreased their target price on T-Mobile US from $70.00 to $65.00 and set a “hold” rating on the stock in a research report on Tuesday, October 10th. KeyCorp set a $72.00 target price on T-Mobile US and gave the stock a “buy” rating in a research report on Wednesday, October 11th. UBS AG reissued a “buy” rating and set a $70.00 target price (down from $80.00) on shares of T-Mobile US in a research report on Monday, November 6th. Finally, Robert W. Baird reissued a “hold” rating and set a $70.00 target price on shares of T-Mobile US in a research report on Wednesday, October 4th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating, twenty have given a buy rating and one has given a strong buy rating to the stock. T-Mobile US currently has an average rating of “Buy” and an average target price of $69.91.

Shares of T-Mobile US (TMUS) opened at $61.35 on Tuesday. The stock has a market capitalization of $50,260.00, a PE ratio of 27.28, a PEG ratio of 1.32 and a beta of 0.29. T-Mobile US has a 1 year low of $53.30 and a 1 year high of $68.88. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.92 and a quick ratio of 0.80.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Monday, October 23rd. The Wireless communications provider reported $0.63 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.17. The company had revenue of $10.02 billion for the quarter, compared to the consensus estimate of $10.01 billion. T-Mobile US had a return on equity of 9.99% and a net margin of 5.55%. The firm’s revenue was up 7.7% compared to the same quarter last year. During the same period last year, the business posted $0.27 earnings per share. sell-side analysts predict that T-Mobile US will post 2.33 EPS for the current year.

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A number of hedge funds have recently bought and sold shares of TMUS. Creative Planning raised its position in T-Mobile US by 55.8% in the 2nd quarter. Creative Planning now owns 4,989 shares of the Wireless communications provider’s stock worth $302,000 after purchasing an additional 1,786 shares during the last quarter. Aperio Group LLC raised its position in T-Mobile US by 7.1% in the 2nd quarter. Aperio Group LLC now owns 118,054 shares of the Wireless communications provider’s stock worth $7,156,000 after purchasing an additional 7,832 shares during the last quarter. First Quadrant L P CA raised its position in T-Mobile US by 54.3% in the 2nd quarter. First Quadrant L P CA now owns 8,952 shares of the Wireless communications provider’s stock worth $543,000 after purchasing an additional 3,152 shares during the last quarter. US Bancorp DE raised its position in T-Mobile US by 7.0% in the 2nd quarter. US Bancorp DE now owns 10,445 shares of the Wireless communications provider’s stock worth $633,000 after purchasing an additional 682 shares during the last quarter. Finally, BB&T Corp raised its position in T-Mobile US by 530.9% in the 2nd quarter. BB&T Corp now owns 22,668 shares of the Wireless communications provider’s stock worth $1,374,000 after purchasing an additional 19,075 shares during the last quarter. Hedge funds and other institutional investors own 35.48% of the company’s stock.

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.

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

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