T-Mobile US, Inc. Expected to Post Q3 2017 Earnings of $0.33 Per Share (NASDAQ:TMUS)
T-Mobile US, Inc. (NASDAQ:TMUS) – William Blair decreased their Q3 2017 earnings per share estimates for T-Mobile US in a report released on Thursday. William Blair analyst J. Breen now forecasts that the Wireless communications provider will post earnings per share of $0.33 for the quarter, down from their previous estimate of $0.40. William Blair has a “Buy” rating on the stock. William Blair also issued estimates for T-Mobile US’s Q1 2018 earnings at $0.54 EPS, Q2 2018 earnings at $0.58 EPS, Q3 2018 earnings at $0.55 EPS, Q4 2018 earnings at $0.62 EPS and FY2018 earnings at $2.29 EPS.
Several other research analysts also recently weighed in on the stock. Goldman Sachs Group, Inc. (The) upgraded shares of T-Mobile US from a “buy” rating to a “conviction-buy” rating and reduced their price target for the stock from $81.00 to $65.72 in a research report on Friday, May 19th. Deutsche Bank AG restated a “neutral” rating and set a $68.00 price target on shares of T-Mobile US in a research report on Monday, April 10th. SunTrust Banks, Inc. started coverage on shares of T-Mobile US in a research report on Tuesday, April 18th. They set a “buy” rating and a $76.00 price target for the company. Jefferies Group LLC upped their price target on shares of T-Mobile US from $71.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, April 25th. Finally, Wells Fargo & Company restated an “outperform” rating on shares of T-Mobile US in a research report on Wednesday, April 26th. Twelve analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company’s stock. T-Mobile US presently has a consensus rating of “Buy” and an average price target of $68.29.
WARNING: “T-Mobile US, Inc. Expected to Post Q3 2017 Earnings of $0.33 Per Share (NASDAQ:TMUS)” was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this article on another domain, it was illegally stolen and republished in violation of U.S. & international copyright and trademark law. The correct version of this article can be accessed at https://www.thecerbatgem.com/2017/08/19/t-mobile-us-inc-expected-to-post-q3-2017-earnings-of-0-33-per-share-nasdaqtmus-updated-updated-updated.html.
T-Mobile US (TMUS) opened at 62.53 on Monday. T-Mobile US has a 12 month low of $44.29 and a 12 month high of $68.88. The stock’s 50 day moving average price is $62.54 and its 200-day moving average price is $63.19. The stock has a market cap of $51.97 billion, a price-to-earnings ratio of 26.50 and a beta of 0.52.
T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Wednesday, July 19th. The Wireless communications provider reported $0.67 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.29. The firm had revenue of $10.21 billion during the quarter, compared to analyst estimates of $9.82 billion. T-Mobile US had a return on equity of 8.66% and a net margin of 5.19%. The business’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.25 earnings per share.
Several institutional investors have recently modified their holdings of TMUS. USA Financial Portformulas Corp bought a new position in shares of T-Mobile US during the fourth quarter valued at approximately $6,104,000. Teachers Advisors LLC raised its position in shares of T-Mobile US by 15.2% in the fourth quarter. Teachers Advisors LLC now owns 1,728,096 shares of the Wireless communications provider’s stock valued at $99,383,000 after buying an additional 228,349 shares in the last quarter. Searle & CO. bought a new position in shares of T-Mobile US during the fourth quarter valued at approximately $460,000. Atalanta Sosnoff Capital LLC raised its position in shares of T-Mobile US by 32.0% in the first quarter. Atalanta Sosnoff Capital LLC now owns 370,758 shares of the Wireless communications provider’s stock valued at $23,947,000 after buying an additional 89,814 shares in the last quarter. Finally, Creative Planning raised its position in shares of T-Mobile US by 25.9% in the first quarter. Creative Planning now owns 3,203 shares of the Wireless communications provider’s stock valued at $207,000 after buying an additional 658 shares in the last quarter. Hedge funds and other institutional investors own 36.74% of the company’s stock.
Receive News & Stock Ratings for T-Mobile US Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile US Inc. and related stocks with our FREE daily email newsletter.