T-Mobile US Inc. (NASDAQ:TMUS) does about 5.52M shares in volume on a normal day but saw 5305875 shares change hands in Monday trading. The company now has a market cap of 179.64B USD. Its current market price is $144.37, marking a decrease of -0.52% compared to the previous close of $145.12. The 52 week high reached by this stock is $154.38 whilst the lowest price level in 52 weeks is $101.51. The script in recent trading has seen the stock touch a high of $145.83 and a low of $143.85.
T-Mobile US Inc. (TMUS) has a 20-day trading average at $144.26 and the current price is -6.48% off the 52-week high compared with 42.22% distance from its 52-week low. The 50-day simple moving average of the closing price is $145.70 and its 200-day simple moving average is $138.90. If we look at the stock’s price movements over the week, volatility stands at 1.65%, which increases to 1.85% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 47.67 to suggest the stock is neutral.
32 analysts observing the T-Mobile US Inc. (TMUS) stock have set the 12-month price targets for the company’s shares at between $148.00 and $222.00. The consensus objective for the share price is $177.14, suggesting that the stock has a potential upside of 18.5% over the period. The median price target is 17.5% away from the current levels at $175.00.
FactSet Research has provided data showing that 32 brokerages have issued ratings for the stock. 1 analysts have rated it as a sell, while 2 advise that it is a overweight. 25 analysts have rated it as a buy and 4 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
Scotiabank upgraded the stock to “Sector Outperform” from Sector Perform on July 28, 2022 at a price target of $153-$167. Wolfe Research initiated its price target at $159.
The current price level is 0.18%, -0.99%, and 3.99% away from its SMA20, SMA50, and SMA200 respectively, with the TMUS price moving above the 50-day SMA on January 23. T-Mobile US Inc. (TMUS) stock is down -3.55% over the week and 2.87% over the past month. Its price is 3.12% year-to-date and 38.74% over the past year.
The stock last released its quarterly earnings report for quarter ended 9/29/2022, with the company’s earnings per share (EPS) of $0.4 above consensus estimates by $0.36. The company’s next earnings report is expected on 05/02/2023, with forecasts estimating quarterly EPS at $1.02 and $1.84 for whole year. TMUS’s earnings per share are forecast to shrink by -23.70% this year and 251.60% over next year. Expected sales for next quarter are $20.4 billion, which analysts say will come at $80.79 billion for the current fiscal year and next year at $83.42 billion. In addition, estimates put the company’s current quarterly revenue at an average of $21.01 billion.
To reach the target analysts have set, the stock logically needs to grow 18.5 percent from here.
Outstanding shares total 1.25B with insiders holding 52.18% of the shares and institutional holders owning 42.67% of the company’s common stock. The company has a return on investment of 4.40% and return on equity of 2.20%. The price to earnings ratio (P/E ratio) amounts to 118.24 while the forward price to earnings ratio is 21.63. The beta has a value of 0.56. Price to book ratio is 2.58 and price to sales ratio is 2.24.
According to a U.S. Securities and Exchange Commission filing, Government Pension Fund – Global has added its position in T-Mobile US Inc. (TMUS) to 23,312,735 shares, mirroring a recent increase by 4.92%. Government Pension Fund – Global added 1.09 million shares of T-Mobile US Inc. common stock bringing its total worth to about $3.26 billion at the end of recent close, SEC documents show. Government Pension Fund – Global isn’t the only investment manager who changed stakes and is followed by Vanguard Total Stock Market Index, which added 13416.0 shares to end up with 18,916,548 shares worth $2.65 billion. Invesco QQQ Trust cut their holdings by -0.06% in the company over the course of the most recent quarter. It now holds a 1.33% position in T-Mobile US Inc. thanks to 16.56 million shares amounting to $2.32 billion.