T-Mobile US, Inc. (NASDAQ:TMUS) Receives $254.10 Consensus Target Price from Analysts

Shares of T-Mobile US, Inc. (NASDAQ:TMUS) have received an average rating of “Moderate Buy” from the twenty-three analysts that are currently covering the firm, Marketbeat.com reports. Ten research analysts have rated the stock with a hold recommendation, eleven have issued a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $254.80.

TMUS has been the subject of several research analyst reports. Tigress Financial reissued a “buy” rating on shares of T-Mobile US in a report on Wednesday, February 26th. KeyCorp cut shares of T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price target for the company. in a research note on Thursday, December 12th. JPMorgan Chase & Co. lifted their price objective on shares of T-Mobile US from $250.00 to $265.00 and gave the company an “overweight” rating in a research note on Thursday, January 30th. Citigroup downgraded shares of T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 target price for the company. in a research note on Friday. Finally, HSBC cut T-Mobile US from a “buy” rating to a “hold” rating and set a $270.00 price target on the stock. in a research report on Wednesday, March 5th.

T-Mobile US Price Performance

Shares of TMUS opened at $255.98 on Tuesday. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. T-Mobile US has a 1-year low of $158.84 and a 1-year high of $276.49. The stock has a market cap of $292.26 billion, a PE ratio of 26.47, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64. The firm has a fifty day moving average price of $243.67 and a 200 day moving average price of $228.51.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. As a group, sell-side analysts anticipate that T-Mobile US will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s payout ratio is currently 36.40%.

Insiders Place Their Bets

In other news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the transaction, the director now owns 3,291 shares of the company’s stock, valued at $865,533. The trade was a 18.15 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.67% of the stock is owned by company insiders.

Hedge Funds Weigh In On T-Mobile US

Several hedge funds have recently added to or reduced their stakes in TMUS. Dunhill Financial LLC grew its position in shares of T-Mobile US by 76.7% in the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after purchasing an additional 56 shares during the last quarter. Rakuten Securities Inc. grew its holdings in T-Mobile US by 93.9% during the 4th quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 62 shares during the last quarter. CoreFirst Bank & Trust acquired a new position in shares of T-Mobile US in the fourth quarter worth $28,000. Financial Life Planners purchased a new stake in shares of T-Mobile US in the fourth quarter valued at $29,000. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of T-Mobile US during the third quarter valued at $34,000. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

About T-Mobile US

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.