T-Mobile Us (NASDAQ:TMUS) had its target price hoisted by Citigroup from $120.00 to $130.00 in a research note published on Monday morning, BenzingaRatingsTable reports. The firm currently has a buy rating on the Wireless communications provider’s stock.

A number of other equities research analysts have also weighed in on the company. Argus boosted their target price on T-Mobile Us from $105.00 to $123.00 and gave the company a buy rating in a research note on Wednesday, July 8th. UBS Group reissued a buy rating and issued a $120.00 target price on shares of T-Mobile Us in a research note on Tuesday, June 23rd. Guggenheim lowered T-Mobile Us from a buy rating to a neutral rating and set a $95.00 target price for the company. in a research note on Tuesday, June 9th. BNP Paribas began coverage on T-Mobile Us in a research report on Monday, July 27th. They set an outperform rating and a $130.00 price target for the company. Finally, Royal Bank of Canada set a $110.00 price target on T-Mobile Us and gave the company a neutral rating in a research report on Friday, August 7th. Six analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. The stock presently has a consensus rating of Buy and an average target price of $116.00.

NASDAQ TMUS opened at $115.25 on Monday. T-Mobile Us has a 1-year low of $63.50 and a 1-year high of $118.00. The company has a current ratio of 1.05, a quick ratio of 0.98 and a debt-to-equity ratio of 1.39. The stock has a 50-day moving average of $107.13 and a 200-day moving average of $95.04. The firm has a market cap of $141.21 billion, a PE ratio of 37.54, a price-to-earnings-growth ratio of 4.01 and a beta of 0.30.

T-Mobile Us (NASDAQ:TMUS) last released its earnings results on Thursday, August 6th. The Wireless communications provider reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.02). T-Mobile Us had a net margin of 5.19% and a return on equity of 9.60%. The company had revenue of $17.67 billion during the quarter, compared to the consensus estimate of $17.72 billion. During the same period last year, the firm posted $1.09 EPS. The company’s revenue was up 61.0% on a year-over-year basis. As a group, equities research analysts forecast that T-Mobile Us will post 1.46 earnings per share for the current fiscal year.

In related news, EVP David A. Miller sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $114.51, for a total value of $2,290,200.00. Following the sale, the executive vice president now owns 181,142 shares in the company, valued at approximately $20,742,570.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ronald D. Fisher purchased 350,000 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The stock was bought at an average price of $103.00 per share, for a total transaction of $36,050,000.00. Following the purchase, the insider now directly owns 221,672 shares in the company, valued at $22,832,216. The disclosure for this purchase can be found here. 0.47% of the stock is currently owned by corporate insiders.

Several institutional investors have recently bought and sold shares of the stock. EP Wealth Advisors LLC grew its stake in shares of T-Mobile Us by 2.6% in the 1st quarter. EP Wealth Advisors LLC now owns 4,843 shares of the Wireless communications provider’s stock worth $406,000 after buying an additional 123 shares during the last quarter. Global Retirement Partners LLC grew its stake in shares of T-Mobile Us by 34.4% in the 2nd quarter. Global Retirement Partners LLC now owns 504 shares of the Wireless communications provider’s stock worth $52,000 after buying an additional 129 shares during the last quarter. Sigma Planning Corp grew its stake in shares of T-Mobile Us by 2.1% in the 1st quarter. Sigma Planning Corp now owns 6,718 shares of the Wireless communications provider’s stock worth $564,000 after buying an additional 139 shares during the last quarter. First Horizon Advisors Inc. grew its stake in shares of T-Mobile Us by 63.1% in the 2nd quarter. First Horizon Advisors Inc. now owns 362 shares of the Wireless communications provider’s stock worth $37,000 after buying an additional 140 shares during the last quarter. Finally, Mission Wealth Management LP boosted its stake in T-Mobile Us by 5.6% during the 2nd quarter. Mission Wealth Management LP now owns 2,662 shares of the Wireless communications provider’s stock valued at $277,000 after purchasing an additional 142 shares during the last quarter. Institutional investors own 23.58% of the company’s stock.

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 United States Virgin Islands. The company offers voice, messaging, and data services to 79.7 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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Analyst Recommendations for T-Mobile Us (NASDAQ:TMUS)

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