T-Mobile US (NASDAQ:TMUS) PT Lowered to $202.00

T-Mobile US (NASDAQ:TMUS) had its target price lowered by TD Cowen from $204.00 to $202.00 in a report released on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the Wireless communications provider’s stock. TD Cowen’s price target indicates a potential upside of 23.20% from the stock’s previous close.

A number of other equities analysts have also issued reports on TMUS. Royal Bank of Canada increased their price target on T-Mobile US from $184.00 to $188.00 and gave the company an “outperform” rating in a research note on Friday. Morgan Stanley increased their price target on T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research note on Monday, January 29th. Oppenheimer reaffirmed an “outperform” rating and set a $190.00 price target on shares of T-Mobile US in a research note on Wednesday, April 3rd. Raymond James increased their price target on T-Mobile US from $180.00 to $185.00 and gave the company a “strong-buy” rating in a research note on Friday, January 26th. Finally, Wells Fargo & Company increased their price target on T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Monday, January 22nd. One investment analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, T-Mobile US currently has an average rating of “Buy” and a consensus target price of $186.33.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $163.96 on Friday. T-Mobile US has a 12-month low of $124.92 and a 12-month high of $168.64. The firm has a market capitalization of $194.60 billion, a price-to-earnings ratio of 22.31, a price-to-earnings-growth ratio of 0.68 and a beta of 0.49. The business has a 50 day simple moving average of $162.51 and a 200 day simple moving average of $157.08. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.91 and a quick ratio of 0.83.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.17. T-Mobile US had a return on equity of 13.45% and a net margin of 11.15%. The business had revenue of $19.59 billion during the quarter, compared to analyst estimates of $19.81 billion. During the same period in the prior year, the company posted $1.58 EPS. The business’s revenue for the quarter was down .2% compared to the same quarter last year. On average, equities research analysts anticipate that T-Mobile US will post 8.83 EPS for the current year.

Insider Activity

In other news, Director Telekom Ag Deutsche sold 189,670 shares of the stock in a transaction on Friday, April 26th. The stock was sold at an average price of $163.26, for a total value of $30,965,524.20. Following the completion of the sale, the director now owns 678,107,041 shares in the company, valued at $110,707,755,513.66. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Telekom Ag Deutsche sold 189,670 shares of the stock in a transaction on Friday, April 26th. The stock was sold at an average price of $163.26, for a total value of $30,965,524.20. Following the completion of the sale, the director now owns 678,107,041 shares in the company, valued at $110,707,755,513.66. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Teresa Taylor sold 12,022 shares of the stock in a transaction on Monday, February 5th. The shares were sold at an average price of $161.80, for a total value of $1,945,159.60. Following the completion of the sale, the director now owns 13,014 shares of the company’s stock, valued at approximately $2,105,665.20. The disclosure for this sale can be found here. Insiders sold 6,180,319 shares of company stock worth $1,002,629,987 over the last quarter. Corporate insiders own 0.70% of the company’s stock.

Institutional Trading of T-Mobile US

Hedge funds and other institutional investors have recently modified their holdings of the company. Financial Counselors Inc. purchased a new stake in shares of T-Mobile US during the third quarter worth $218,000. Caprock Group LLC raised its holdings in shares of T-Mobile US by 105.8% during the fourth quarter. Caprock Group LLC now owns 23,063 shares of the Wireless communications provider’s stock worth $3,698,000 after acquiring an additional 11,854 shares in the last quarter. Cerity Partners LLC raised its holdings in shares of T-Mobile US by 136.8% during the fourth quarter. Cerity Partners LLC now owns 62,967 shares of the Wireless communications provider’s stock worth $10,096,000 after acquiring an additional 36,374 shares in the last quarter. Pacer Advisors Inc. raised its holdings in shares of T-Mobile US by 31.4% during the fourth quarter. Pacer Advisors Inc. now owns 107,660 shares of the Wireless communications provider’s stock worth $17,261,000 after acquiring an additional 25,700 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in shares of T-Mobile US by 11.5% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 237,481 shares of the Wireless communications provider’s stock worth $38,075,000 after acquiring an additional 24,412 shares in the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

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 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.