Analysts’ Recent Ratings Changes for T-Mobile US (TMUS)

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T-Mobile US (NASDAQ: TMUS) has recently received a number of price target changes and ratings updates:

9/5/2016 – T-Mobile US was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $48.53 price target on the stock.
8/30/2016 – T-Mobile US was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $48.53 price target on the stock.
8/29/2016 – T-Mobile US was upgraded by analysts at Wells Fargo & Co. from a “market perform” rating to an “outperform” rating. They now have a $54.00 price target on the stock, up previously from $49.00. They noted that the move was a valuation call. They noted that the move was a valuation call.
8/25/2016 – T-Mobile US had its price target raised by analysts at Buckingham Research from $50.00 to $55.00. They now have a “buy” rating on the stock.
8/21/2016 – T-Mobile US had its “neutral” rating reaffirmed by analysts at Robert W. Baird. They now have a $51.00 price target on the stock.
8/10/2016 – T-Mobile US was upgraded by analysts at Vetr from a “sell” rating to a “hold” rating. They now have a $46.03 price target on the stock.
8/8/2016 – T-Mobile US had its “buy” rating reaffirmed by analysts at Jefferies Group. They now have a $55.00 price target on the stock.
8/4/2016 – T-Mobile US had its “buy” rating reaffirmed by analysts at Argus. They now have a $56.00 price target on the stock, up previously from $49.00.
8/2/2016 – T-Mobile US had its price target raised by analysts at BTIG Research from $50.00 to $56.00. They now have a “buy” rating on the stock.
7/29/2016 – T-Mobile US had its price target raised by analysts at FBR & Co from $40.00 to $48.00. They now have a “market perform” rating on the stock.
7/28/2016 – T-Mobile US had its price target raised by analysts at Pacific Crest from $48.00 to $53.00. They now have an “overweight” rating on the stock.
7/28/2016 – T-Mobile US had its “buy” rating reaffirmed by analysts at Jefferies Group. They now have a $55.00 price target on the stock.
7/28/2016 – T-Mobile US had its price target raised by analysts at Barclays PLC from $49.00 to $50.00. They now have an “overweight” rating on the stock.
7/28/2016 – T-Mobile US had its price target raised by analysts at Citigroup from $52.00 to $55.00. They now have a “buy” rating on the stock.
7/28/2016 – T-Mobile US had its price target raised by analysts at Deutsche Bank AG from $52.00 to $53.00. They now have a “buy” rating on the stock.
7/28/2016 – T-Mobile US had its price target raised by analysts at Morgan Stanley from $47.00 to $52.00. They now have an “overweight” rating on the stock.
7/22/2016 – T-Mobile US was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “T-Mobile US has introduced the ‘Get Thanked’ program to execute a series of free giveaways and cash credits to its customers in order to minimize churn rate. However, its latest ‘Stock Up’ promotional campaign is an innovative idea of granting a stock to its postpaid customers.We believe robust customer addition, particularly of branded postpaid customers, 4G LTE network expansion and the rising popularity of the Un-Carrier business will not only boost revenues but will also lend a competitive edge to the carrier. Further, continuous launch of low-priced service plans should lure subscribers for T-Mobile US from its competitors, particularly those who are cost-sensitive. However, offering discounted prices may dent the company’s margins, going forward. T-Mobile US has been also facing increased scrutiny for its employee working conditions by institutional investors.”
7/21/2016 – T-Mobile US had its price target raised by analysts at Jefferies Group from $45.00 to $55.00. They now have a “buy” rating on the stock.
7/19/2016 – T-Mobile US had its price target raised by analysts at Deutsche Bank AG from $46.00 to $52.00. They now have a “buy” rating on the stock.
7/18/2016 – T-Mobile US was upgraded by analysts at Vetr from a “sell” rating to a “hold” rating. They now have a $45.28 price target on the stock.
7/12/2016 – T-Mobile US was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $49.00 price target on the stock. According to Zacks, “We expect T-Mobile US to maintain its momentum in the second quarter of 2016. We believe robust customer addition, particularly of branded postpaid customers, 4G LTE network expansion and the rising popularity of the Un-Carrier business will not only boost revenues but will also lend a competitive edge to the carrier. Further, continuous launch of low-priced service plans should lure subscribers for T-Mobile from its competitors, particularly those who are cost-sensitive. However, offering discounted prices may dent the company’s margins, going forward.”

Shares of T-Mobile US Inc (NASDAQ:TMUS) traded down 0.985% during trading on Wednesday, hitting $46.745. The stock had a trading volume of 2,250,034 shares. The firm’s 50-day moving average is $46.41 and its 200 day moving average is $41.91. T-Mobile US Inc has a 52-week low of $33.23 and a 52-week high of $48.11. The firm has a market cap of $38.46 billion and a price-to-earnings ratio of 35.958.
T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Wednesday, July 27th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.05. The company earned $9.20 billion during the quarter, compared to analyst estimates of $9.03 billion. During the same period last year, the firm earned $0.42 EPS. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. On average, analysts expect that T-Mobile US Inc will post $1.32 EPS for the current year.

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The business also recently disclosed a dividend, which will be paid on Thursday, September 15th. Stockholders of record on Thursday, September 1st will be issued a $0.688 dividend. The ex-dividend date of this dividend is Tuesday, August 30th.
In related news, EVP David A. Miller sold 10,000 shares of the company’s stock in a transaction dated Monday, July 11th. The stock was sold at an average price of $44.00, for a total value of $440,000.00. Following the completion of the transaction, the executive vice president now owns 119,816 shares of the company’s stock, valued at approximately $5,271,904. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO J Braxton Carter II sold 8,550 shares of the company’s stock in a transaction dated Friday, July 15th. The stock was sold at an average price of $44.75, for a total value of $382,612.50. Following the completion of the transaction, the chief financial officer now directly owns 189,971 shares of the company’s stock, valued at approximately $8,501,202.25. The disclosure for this sale can be found here. 0.30% of the stock is owned by insiders.

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