T-Mobile US Inc (NASDAQ:TMUS) – Analysts at SunTrust Banks lowered their Q4 2018 earnings estimates for shares of T-Mobile US in a report released on Thursday. SunTrust Banks analyst G. Miller now forecasts that the Wireless communications provider will post earnings per share of $1.00 for the quarter, down from their prior forecast of $1.02. SunTrust Banks also issued estimates for T-Mobile US’s Q1 2019 earnings at $0.97 EPS, Q2 2019 earnings at $1.29 EPS and Q4 2019 earnings at $1.24 EPS.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Thursday, February 8th. The Wireless communications provider reported $0.48 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.11. T-Mobile US had a net margin of 11.19% and a return on equity of 9.60%. The company had revenue of $10.76 billion during the quarter, compared to the consensus estimate of $10.84 billion. During the same period last year, the firm earned $0.45 EPS. The company’s revenue for the quarter was up 5.1% on a year-over-year basis.

TMUS has been the subject of a number of other reports. UBS Group reiterated a “buy” rating and set a $70.00 price target (down from $80.00) on shares of T-Mobile US in a research report on Monday, November 6th. Deutsche Bank lifted their price target on shares of T-Mobile US to $72.00 and gave the company a “buy” rating in a research report on Monday, December 11th. BidaskClub downgraded shares of T-Mobile US from a “sell” rating to a “strong sell” rating in a research report on Thursday, November 9th. BTIG Research lifted their price target on shares of T-Mobile US from $74.00 to $84.00 and gave the company a “buy” rating in a research report on Wednesday, October 18th. Finally, Cowen reiterated a “buy” rating and set a $70.00 price target on shares of T-Mobile US in a research report on Tuesday, October 17th. Two analysts have rated the stock with a sell rating, six have given a hold rating, twenty have given a buy rating and four have assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $70.06.

Shares of T-Mobile US (NASDAQ TMUS) opened at $59.20 on Monday. T-Mobile US has a 12-month low of $54.60 and a 12-month high of $68.88. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.64 and a current ratio of 0.77. The stock has a market cap of $50,582.17, a P/E ratio of 26.43, a PEG ratio of 0.78 and a beta of 0.29.

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

In other T-Mobile US news, EVP Peter A. Ewens sold 10,000 shares of T-Mobile US stock in a transaction that occurred on Tuesday, December 26th. The shares were sold at an average price of $62.95, for a total value of $629,500.00. Following the completion of the sale, the executive vice president now directly owns 166,434 shares of the company’s stock, valued at approximately $10,477,020.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO J Braxton Carter II sold 15,000 shares of T-Mobile US stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $62.97, for a total transaction of $944,550.00. Following the completion of the sale, the chief financial officer now directly owns 163,688 shares of the company’s stock, valued at $10,307,433.36. The disclosure for this sale can be found here. Over the last three months, insiders have sold 73,620 shares of company stock valued at $4,708,192. Corporate insiders own 0.29% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in the business. ARP Americas LP grew its stake in T-Mobile US by 308.9% in the 4th quarter. ARP Americas LP now owns 18,070 shares of the Wireless communications provider’s stock worth $1,148,000 after acquiring an additional 13,651 shares during the period. Ferris Capital LLC purchased a new stake in T-Mobile US in the 4th quarter worth approximately $606,000. Tower Research Capital LLC TRC grew its stake in T-Mobile US by 46.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 23,664 shares of the Wireless communications provider’s stock worth $1,503,000 after acquiring an additional 7,558 shares during the period. Schroder Investment Management Group grew its stake in T-Mobile US by 59.1% in the 4th quarter. Schroder Investment Management Group now owns 1,836,926 shares of the Wireless communications provider’s stock worth $116,664,000 after acquiring an additional 682,327 shares during the period. Finally, Advanced Asset Management Advisors Inc purchased a new stake in T-Mobile US in the 4th quarter worth approximately $464,000. 35.23% of the stock is owned by hedge funds and other institutional investors.

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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.

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

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