Traders Sell T-Mobile US, Inc. (TMUS) on Strength (TMUS)
Traders sold shares of T-Mobile US, Inc. (NASDAQ:TMUS) on strength during trading hours on Friday. $71.92 million flowed into the stock on the tick-up and $100.88 million flowed out of the stock on the tick-down, for a money net flow of $28.96 million out of the stock. Of all equities tracked, T-Mobile US had the 0th highest net out-flow for the day. T-Mobile US traded up $0.22 for the day and closed at $60.02
TMUS has been the topic of several research reports. Cowen and Company restated an “outperform” rating and set a $70.00 price target on shares of T-Mobile US in a report on Saturday, July 22nd. Jefferies Group LLC reiterated a “buy” rating and issued a $80.00 target price on shares of T-Mobile US in a report on Saturday, July 22nd. Barclays PLC reiterated an “overweight” rating and issued a $73.00 target price (up from $70.00) on shares of T-Mobile US in a report on Saturday, July 22nd. UBS AG reiterated a “buy” rating and issued a $80.00 target price on shares of T-Mobile US in a report on Saturday, July 22nd. Finally, William Blair reiterated a “buy” rating on shares of T-Mobile US in a report on Saturday, July 22nd. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $69.91.
The stock has a market capitalization of $49,934.48, a PE ratio of 27.16, a P/E/G ratio of 1.32 and a beta of 0.29. The company has a current ratio of 0.92, a quick ratio of 0.80 and a debt-to-equity ratio of 1.50.
T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Monday, October 23rd. The Wireless communications provider reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.17. The business had revenue of $10.02 billion during the quarter, compared to analyst estimates of $10.01 billion. T-Mobile US had a return on equity of 9.99% and a net margin of 5.55%. T-Mobile US’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.27 EPS. equities research analysts predict that T-Mobile US, Inc. will post 2.33 EPS for the current fiscal year.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Rational Advisors LLC purchased a new stake in T-Mobile US in the 3rd quarter valued at $105,000. Barrett Asset Management LLC bought a new position in T-Mobile US in the 2nd quarter valued at $110,000. Smithfield Trust Co. grew its stake in T-Mobile US by 1,513.6% in the 2nd quarter. Smithfield Trust Co. now owns 1,904 shares of the Wireless communications provider’s stock valued at $115,000 after purchasing an additional 1,786 shares during the period. Capital Bank & Trust Co grew its stake in T-Mobile US by 3,128.6% in the 3rd quarter. Capital Bank & Trust Co now owns 2,260 shares of the Wireless communications provider’s stock valued at $139,000 after purchasing an additional 2,190 shares during the period. Finally, Opera Trading Capital bought a new position in T-Mobile US in the 3rd quarter valued at $154,000. 35.09% of the stock is owned by institutional investors and hedge funds.
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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.
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