T-Mobile Us (NASDAQ:TMUS) PT Raised to $102.00 at Nomura

T-Mobile Us (NASDAQ:TMUS) had its target price raised by equities research analysts at Nomura from $96.00 to $102.00 in a report issued on Wednesday, The Fly reports. Nomura’s price objective suggests a potential upside of 7.21% from the stock’s current price.

A number of other equities analysts have also issued reports on the stock. Raymond James increased their target price on shares of T-Mobile Us from $94.00 to $95.00 and gave the company a “strong-buy” rating in a research report on Wednesday, October 30th. BidaskClub upgraded shares of T-Mobile Us from a “hold” rating to a “buy” rating in a research report on Tuesday. ValuEngine lowered shares of T-Mobile Us from a “hold” rating to a “sell” rating in a research report on Thursday, January 16th. HSBC set a $86.00 target price on shares of T-Mobile Us and gave the company a “hold” rating in a research report on Thursday, November 14th. Finally, Royal Bank of Canada reiterated a “buy” rating and issued a $94.00 target price on shares of T-Mobile Us in a research report on Tuesday, October 29th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. T-Mobile Us has an average rating of “Buy” and a consensus target price of $94.92.

Shares of TMUS opened at $95.14 on Wednesday. The firm has a 50-day moving average price of $80.94 and a 200 day moving average price of $79.29. The firm has a market capitalization of $72.44 billion, a PE ratio of 23.61, a P/E/G ratio of 1.64 and a beta of 0.43. The company has a quick ratio of 0.67, a current ratio of 0.74 and a debt-to-equity ratio of 1.36. T-Mobile Us has a 52-week low of $68.16 and a 52-week high of $96.27.

T-Mobile Us (NASDAQ:TMUS) last announced its earnings results on Thursday, February 6th. The Wireless communications provider reported $0.87 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.83 by $0.04. The firm had revenue of $11.88 billion during the quarter, compared to analyst estimates of $11.82 billion. T-Mobile Us had a net margin of 7.71% and a return on equity of 14.09%. T-Mobile Us’s revenue was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.75 EPS. On average, equities analysts expect that T-Mobile Us will post 4.69 EPS for the current year.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. lifted its holdings in T-Mobile Us by 17.5% in the 2nd quarter. BlackRock Inc. now owns 17,733,859 shares of the Wireless communications provider’s stock valued at $1,314,789,000 after acquiring an additional 2,647,322 shares during the last quarter. State Street Corp lifted its stake in T-Mobile Us by 2.0% during the fourth quarter. State Street Corp now owns 14,758,582 shares of the Wireless communications provider’s stock valued at $1,157,368,000 after buying an additional 287,303 shares in the last quarter. Findlay Park Partners LLP lifted its stake in T-Mobile Us by 108.0% during the third quarter. Findlay Park Partners LLP now owns 3,370,554 shares of the Wireless communications provider’s stock valued at $265,499,000 after buying an additional 1,750,000 shares in the last quarter. CIBC Private Wealth Group LLC lifted its stake in T-Mobile Us by 0.6% during the fourth quarter. CIBC Private Wealth Group LLC now owns 2,549,872 shares of the Wireless communications provider’s stock valued at $199,961,000 after buying an additional 15,703 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in T-Mobile Us by 2.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,449,488 shares of the Wireless communications provider’s stock valued at $113,669,000 after buying an additional 34,488 shares in the last quarter. 33.86% of the stock is owned by institutional investors.

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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