Mobile US, Inc. (NASDAQ:TMUS) Earnings Forecast In Focus

T-Mobile’s Technical Indicators A Peer Comparison

Morning Trending Tickers: T-Mobile US, Inc. (NASDAQ: TMUS) | Technology

The company's 50 day moving average price is $65.28 and its 200 day moving average price is $60.25. (TMUS) stock price has gone up by 1.49% over the last 20 trading days, and its price is -4.31% below the 52-week high.

The bank added T-Mobile to its Americas conviction buy list and reiterated its buy rating. During the same quarter in the prior year, the company posted $0.56 EPS. Ten investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock.

J. Braxton Carter, Executive Vice President & Chief Financial Officer of T-Mobile US, Inc. T-Mobile US had a net margin of 3.87% and a return on equity of 7.21%.

"While investors have been focused on M&A given recent press reports, we believe that TMUS's valuation remains attractive based on two potential standalone catalysts: (1) material capital returns as TMUS delevers, and (2) upside to subscriber growth forecasts as TMUS expands distribution", analyst Brett Feldman wrote in the note to clients Friday. The company presently has a consensus rating of Buy and an average target price of $65.03. T-Mobile US has a 52 week low of $40.50 and a 52 week high of $68.88. The stock now has an average rating of "Buy" and a consensus target price of $65.03.

The company's expected revenue in the current quarter to be 9.84 Billion, seeing a projected current quarter growth of 48%, and per annum growth estimates over the next 5 year period of around 22.18%.

Going from the most bullish analyst price target to below consensus is one thing. If you are viewing this piece on another publication, it was stolen and republished in violation of USA and worldwide copyright law. The correct version of this piece can be read at https://transcriptdaily.com/2017/05/18/t-mobile-us-inc-tmus-price-target-raised-to-67-00-updated-updated.html.

Several large investors have recently made changes to their positions in TMUS. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Fifth Third Bancorp increased its stake in shares of T-Mobile US by 64.8% in the first quarter. Company insiders own 0.30% of the company's stock. FMR LLC now owns 28,593,003 shares of the Wireless communications provider's stock worth $1,846,822,000 after buying an additional 736,329 shares in the last quarter. Mitsubishi UFJ Securities Holdings Co.

As America's Un-carrier, T-Mobile US, Inc. FNY Managed Accounts LLC bought a new position in shares of T-Mobile US during the first quarter worth about $258,000. Point72 Asset Management L.P. now owns 967,208 shares of the Wireless communications provider's stock worth $62,472,000 after buying an additional 19,308 shares during the period. BlackRock Inc. now owns 13,832,340 shares of the Wireless communications provider's stock worth $893,431,000 after buying an additional 13,494,802 shares during the last quarter. Based in Bellevue, Washington, T-Mobile US provides services through its subsidiaries and operates its flagship brands, T-Mobile and MetroPCS. Carmignac Gestion now owns 5,735,372 shares of the Wireless communications provider's stock worth $267,957,000 after buying an additional 520,298 shares during the last quarter. Hedge funds and other institutional investors own 33.17% of the company's stock.

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