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.

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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.

Earnings History and Estimates for T-Mobile US (NASDAQ:TMUS)

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