T-Mobile US, Inc. (NASDAQ:TMUS) received a $72.00 price objective from analysts at KeyCorp in a research note issued on Wednesday. The firm presently has a “buy” rating on the Wireless communications provider’s stock. KeyCorp’s target price indicates a potential upside of 17.49% from the company’s previous close.

A number of other equities research analysts also recently weighed in on the stock. Deutsche Bank AG reduced their price target on shares of T-Mobile US from $70.00 to $65.00 and set a “hold” rating on the stock in a research note on Tuesday. Robert W. Baird restated a “hold” rating and issued a $70.00 price target on shares of T-Mobile US in a research note on Wednesday, October 4th. Royal Bank Of Canada restated a “buy” rating and issued a $76.00 price target on shares of T-Mobile US in a research note on Tuesday, October 3rd. BidaskClub downgraded shares of T-Mobile US from a “hold” rating to a “sell” rating in a research note on Saturday, September 30th. Finally, Jefferies Group LLC restated a “buy” rating and issued a $80.00 price target on shares of T-Mobile US in a research note on Thursday, September 7th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $70.02.

T-Mobile US (TMUS) opened at 61.28 on Wednesday. T-Mobile US has a one year low of $45.90 and a one year high of $68.88. The company has a market capitalization of $50.93 billion, a P/E ratio of 25.97 and a beta of 0.40. The company’s 50-day moving average is $62.76 and its 200 day moving average is $63.80.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, July 19th. The Wireless communications provider reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.29. T-Mobile US had a net margin of 5.19% and a return on equity of 8.66%. The company had revenue of $10.21 billion for the quarter, compared to the consensus estimate of $9.82 billion. During the same period last year, the company posted $0.25 EPS. The firm’s quarterly revenue was up 10.0% compared to the same quarter last year. Analysts predict that T-Mobile US will post $2.27 EPS for the current year.

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Several hedge funds have recently made changes to their positions in the company. GLG Partners LP grew its position in shares of T-Mobile US by 0.3% during the 2nd quarter. GLG Partners LP now owns 10,000 shares of the Wireless communications provider’s stock worth $606,000 after buying an additional 31 shares during the period. Gilder Gagnon Howe & Co. LLC grew its position in shares of T-Mobile US by 1.4% during the 2nd quarter. Gilder Gagnon Howe & Co. LLC now owns 5,061 shares of the Wireless communications provider’s stock worth $307,000 after buying an additional 69 shares during the period. World Asset Management Inc grew its position in shares of T-Mobile US by 1.3% during the 2nd quarter. World Asset Management Inc now owns 12,868 shares of the Wireless communications provider’s stock worth $780,000 after buying an additional 164 shares during the period. Public Employees Retirement Association of Colorado grew its position in shares of T-Mobile US by 0.3% during the 2nd quarter. Public Employees Retirement Association of Colorado now owns 58,413 shares of the Wireless communications provider’s stock worth $3,541,000 after buying an additional 198 shares during the period. Finally, Victory Capital Management Inc. grew its position in shares of T-Mobile US by 1.2% during the 1st quarter. Victory Capital Management Inc. now owns 18,109 shares of the Wireless communications provider’s stock worth $1,170,000 after buying an additional 220 shares during the period. 34.77% of the stock is owned by 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 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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