Wall Street analysts expect that T-Mobile US Inc (NASDAQ:TMUS) will report sales of $10.89 billion for the current fiscal quarter, Zacks reports. Fifteen analysts have issued estimates for T-Mobile US’s earnings, with the lowest sales estimate coming in at $10.53 billion and the highest estimate coming in at $11.27 billion. T-Mobile US reported sales of $10.18 billion during the same quarter last year, which indicates a positive year over year growth rate of 7%. The firm is scheduled to issue its next earnings results on Tuesday, February 13th.

According to Zacks, analysts expect that T-Mobile US will report full-year sales of $10.89 billion for the current fiscal year, with estimates ranging from $40.38 billion to $41.12 billion. For the next fiscal year, analysts anticipate that the business will report sales of $43.18 billion per share, with estimates ranging from $42.55 billion to $44.12 billion. Zacks Investment Research’s sales averages are an average based on a survey of research analysts that cover T-Mobile US.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Monday, October 23rd. The Wireless communications provider reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.17. T-Mobile US had a return on equity of 9.99% and a net margin of 5.55%. The firm had revenue of $10.02 billion during the quarter, compared to the consensus estimate of $10.01 billion. During the same quarter in the prior year, the company earned $0.27 EPS. The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year.

Several analysts recently weighed in on TMUS shares. Societe Generale started coverage on T-Mobile US in a research note on Tuesday, October 24th. They set a “buy” rating and a $71.00 target price for the company. BTIG Research increased their target price on T-Mobile US from $74.00 to $84.00 and gave the company a “buy” rating in a research note on Wednesday, October 18th. Cowen restated a “buy” rating and set a $70.00 target price on shares of T-Mobile US in a research note on Tuesday, October 17th. Royal Bank of Canada restated a “buy” rating and set a $76.00 target price on shares of T-Mobile US in a research note on Tuesday, October 3rd. Finally, KeyCorp set a $72.00 target price on T-Mobile US and gave the company a “buy” rating in a research note on Wednesday, October 11th. Three analysts have rated the stock with a sell rating, five have issued a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $69.86.

Shares of T-Mobile US (TMUS) traded up $0.59 during trading hours on Friday, reaching $64.53. The company had a trading volume of 2,208,806 shares, compared to its average volume of 3,363,213. T-Mobile US has a 1 year low of $54.60 and a 1 year high of $68.88. The company has a market cap of $53,200.00, a P/E ratio of 25.31, a price-to-earnings-growth ratio of 0.85 and a beta of 0.29. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.80 and a current ratio of 0.92.

T-Mobile US declared that its board has approved a stock buyback program on Wednesday, December 6th that authorizes the company to buyback $1.50 billion in shares. This buyback authorization authorizes the Wireless communications provider to reacquire shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its shares are undervalued.

In related news, CFO J Braxton Carter II sold 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 9th. The stock was sold at an average price of $65.96, for a total transaction of $989,400.00. Following the completion of the transaction, the chief financial officer now owns 199,788 shares in the company, valued at approximately $13,178,016.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Peter A. Ewens sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 26th. The stock was sold at an average price of $62.95, for a total value of $629,500.00. Following the transaction, the executive vice president now owns 166,434 shares of the company’s stock, valued at approximately $10,477,020.30. The disclosure for this sale can be found here. Insiders have sold a total of 73,620 shares of company stock valued at $4,708,192 in the last 90 days. 0.29% of the stock is owned by corporate insiders.

Institutional investors have recently bought and sold shares of the stock. Rational Advisors LLC bought a new position in shares of T-Mobile US during the 3rd quarter worth approximately $105,000. Cerebellum GP LLC bought a new position in shares of T-Mobile US during the 4th quarter worth approximately $127,000. Capital Bank & Trust Co lifted its position in shares of T-Mobile US by 3,128.6% during the 3rd quarter. Capital Bank & Trust Co now owns 2,260 shares of the Wireless communications provider’s stock worth $139,000 after buying an additional 2,190 shares during the period. Opera Trading Capital bought a new position in shares of T-Mobile US during the 3rd quarter worth approximately $154,000. Finally, Renaissance Group LLC bought a new position in shares of T-Mobile US during the 3rd quarter worth approximately $201,000. Institutional investors and hedge funds own 35.00% of the company’s stock.

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About T-Mobile US

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

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