T-Mobile Us (NASDAQ:TMUS) PT Raised to $105.00

T-Mobile Us (NASDAQ:TMUS) had its target price upped by investment analysts at Argus from $93.00 to $105.00 in a report released on Wednesday, MarketBeat.com reports. The brokerage presently has a “buy” rating on the Wireless communications provider’s stock. Argus’ target price would indicate a potential upside of 10.36% from the company’s current price.

A number of other research analysts also recently commented on the stock. UBS Group reaffirmed a “buy” rating on shares of T-Mobile Us in a research report on Tuesday, November 19th. BidaskClub raised shares of T-Mobile Us from a “hold” rating to a “buy” rating in a research report on Tuesday. Raymond James raised their price objective on shares of T-Mobile Us from $94.00 to $95.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, October 30th. HSBC set a $86.00 price objective on shares of T-Mobile Us and gave the stock a “hold” rating in a research report on Thursday, November 14th. Finally, SunTrust Banks reissued a “buy” rating and set a $100.00 price objective on shares of T-Mobile Us in a research report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $94.92.

NASDAQ TMUS opened at $95.14 on Wednesday. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.74 and a quick ratio of 0.67. The firm’s fifty day moving average price is $80.94 and its 200 day moving average price is $79.29. The company has a market capitalization of $72.44 billion, a price-to-earnings ratio of 23.61, a price-to-earnings-growth ratio of 1.64 and a beta of 0.43. T-Mobile Us has a 12 month low of $68.16 and a 12 month high of $96.27.

T-Mobile Us (NASDAQ:TMUS) last posted its earnings results on Thursday, February 6th. The Wireless communications provider reported $0.87 EPS for the quarter, beating the Zacks’ consensus estimate of $0.83 by $0.04. The firm had revenue of $11.88 billion for the quarter, compared to the consensus estimate of $11.82 billion. T-Mobile Us had a net margin of 7.71% and a return on equity of 14.09%. The company’s revenue was up 3.8% on a year-over-year basis. During the same period last year, the firm posted $0.75 EPS. As a group, sell-side analysts forecast that T-Mobile Us will post 4.69 earnings per share for the current year.

A number of institutional investors have recently modified their holdings of the business. Level Four Advisory Services LLC grew its position in T-Mobile Us by 21.7% during the 4th quarter. Level Four Advisory Services LLC now owns 13,686 shares of the Wireless communications provider’s stock worth $6,302,000 after purchasing an additional 2,441 shares during the last quarter. Meeder Asset Management Inc. lifted its stake in shares of T-Mobile Us by 6.4% in the 4th quarter. Meeder Asset Management Inc. now owns 122,661 shares of the Wireless communications provider’s stock worth $9,620,000 after acquiring an additional 7,355 shares during the period. Wesbanco Bank Inc. lifted its stake in shares of T-Mobile Us by 0.7% in the 4th quarter. Wesbanco Bank Inc. now owns 61,091 shares of the Wireless communications provider’s stock worth $4,791,000 after acquiring an additional 405 shares during the period. Dai Ichi Life Insurance Company Ltd lifted its stake in shares of T-Mobile Us by 1.6% in the 4th quarter. Dai Ichi Life Insurance Company Ltd now owns 34,615 shares of the Wireless communications provider’s stock worth $2,715,000 after acquiring an additional 532 shares during the period. Finally, Banco Bilbao Vizcaya Argentaria S.A. acquired a new stake in shares of T-Mobile Us in the 4th quarter worth $1,276,000. 33.86% of the stock is currently owned by 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 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.

Featured Article: What is diluted earnings per share (Diluted EPS)?

Analyst Recommendations for T-Mobile Us (NASDAQ:TMUS)

Receive News & Ratings for T-Mobile Us Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile Us and related companies with MarketBeat.com's FREE daily email newsletter.