T-Mobile US Inc. (NASDAQ:TMUS) has been assigned an average recommendation of “Buy” from the twenty-four brokerages that are currently covering the stock. Seven research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $51.04.

Several research firms recently weighed in on TMUS. Vetr upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating and set a $48.53 price objective on the stock in a research report on Monday, September 12th. Jefferies Group restated a “buy” rating and issued a $55.00 price objective on shares of T-Mobile US in a research report on Monday, August 8th. Argus restated a “buy” rating and issued a $56.00 price objective (up from $49.00) on shares of T-Mobile US in a research report on Thursday, August 4th. Robert W. Baird restated a “neutral” rating and issued a $51.00 price objective on shares of T-Mobile US in a research report on Sunday, August 21st. Finally, BTIG Research upped their price objective on shares of T-Mobile US from $50.00 to $56.00 and gave the stock a “buy” rating in a research report on Tuesday, August 2nd.

T-Mobile US (NASDAQ:TMUS) opened at 54.59 on Wednesday. T-Mobile US has a 12 month low of $33.23 and a 12 month high of $54.93. The firm has a market cap of $44.98 billion, a P/E ratio of 34.57 and a beta of 0.66. The stock has a 50 day moving average of $49.94 and a 200-day moving average of $45.93.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Monday, October 24th. The company reported $0.27 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.22 by $0.05. The company had revenue of $9.20 million for the quarter, compared to analysts’ expectations of $9.45 billion. T-Mobile US had a net margin of 3.87% and a return on equity of 7.21%. T-Mobile US’s revenue for the quarter was up 17.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.15 earnings per share. Equities research analysts predict that T-Mobile US will post $1.53 earnings per share for the current fiscal year.

In other T-Mobile US news, insider Thomas Christopher Keys sold 14,700 shares of the firm’s stock in a transaction on Friday, September 2nd. The stock was sold at an average price of $47.11, for a total transaction of $692,517.00. Following the completion of the transaction, the insider now owns 355,876 shares of the company’s stock, valued at $16,765,318.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.30% of the company’s stock.

Institutional investors have recently made changes to their positions in the stock. Toronto Dominion Bank raised its position in shares of T-Mobile US by 57.7% in the third quarter. Toronto Dominion Bank now owns 2,484 shares of the company’s stock valued at $116,000 after buying an additional 909 shares in the last quarter. Creative Planning increased its position in shares of T-Mobile US by 45.2% in the second quarter. Creative Planning now owns 2,970 shares of the company’s stock valued at $129,000 after buying an additional 924 shares during the last quarter. US Bancorp DE increased its position in shares of T-Mobile US by 5.5% in the third quarter. US Bancorp DE now owns 2,779 shares of the company’s stock valued at $130,000 after buying an additional 144 shares during the last quarter. Gilder Gagnon Howe & Co. LLC increased its position in shares of T-Mobile US by 9.6% in the second quarter. Gilder Gagnon Howe & Co. LLC now owns 3,079 shares of the company’s stock valued at $133,000 after buying an additional 269 shares during the last quarter. Finally, Winslow Evans & Crocker Inc. increased its position in shares of T-Mobile US by 9.4% in the third quarter. Winslow Evans & Crocker Inc. now owns 3,134 shares of the company’s stock valued at $146,000 after buying an additional 270 shares during the last quarter. 34.86% of the stock is owned by institutional investors and hedge funds.

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