Mobile US, Inc. (NASDAQ:TMUS) Assigned A Consensus Outperform Rating

While Sprint (S) had previously attempted to merge with T-Mobile during the Obama administration, regulators indicated that they would not entertain such a consolidation. The company has a market capitalization of $52.53 billion, a P/E ratio of 37.61 and a beta of 0.71.

During T-Mobile's (TMUS) recent 4Q16 earnings conference call, its management stated that the cable industry was ripe for disruption with the Un-Carrier initiatives that the company has put in place in its Wireless business. The median one-year price target of 24 analysts covering the company is $67.50, which suggests the stock could still rise over 9 percent. The firm's 50 day moving average is $61.48 and its 200-day moving average is $53.47.

T-Mobile US, Inc. has 1 year price target of $66.29.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Monday, October 24th. Robert W. Baird reaffirmed a neutral rating on shares of T-Mobile US in a research note on Wednesday, September 14th. T-Mobile US had a net margin of 3.87% and a return on equity of 7.21%. TMUS Pres., T-Mobile Ind. Channels Keys Thomas Christopher also sold 14,700 shares, at a stock price of $47.11. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.21 to $0.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

In case of Revenue Estimates, 19 analysts have provided their consensus Average Revenue Estimates for T-Mobile US, 9.67 Billion. That is compared with the $0.56 in EPS it reported during the same period a year ago.

The Company now has Insider ownership of 0.3 Percent and Institutional Ownership of 35.1 Percent. LLC boosted its stake in T-Mobile US by 9.6% in the second quarter.

  • Zachary Reyes