T-Mobile Us (NASDAQ:TMUS) posted its quarterly earnings results on Tuesday. The Wireless communications provider reported $0.93 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.85 by $0.08, MarketWatch Earnings reports. T-Mobile Us had a return on equity of 10.87% and a net margin of 11.27%. The business had revenue of $10.84 billion during the quarter, compared to the consensus estimate of $10.73 billion. During the same period in the prior year, the company posted $0.63 EPS. The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year.
Shares of TMUS opened at $63.92 on Wednesday. The company has a market cap of $55.16 billion, a PE ratio of 27.91, a PEG ratio of 2.22 and a beta of 0.40. T-Mobile Us has a 1 year low of $54.60 and a 1 year high of $70.94. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.66 and a current ratio of 0.76.
Several research analysts have weighed in on TMUS shares. Guggenheim upped their price target on T-Mobile Us from $80.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, September 27th. Zacks Investment Research upgraded T-Mobile Us from a “hold” rating to a “buy” rating and set a $77.00 price target for the company in a research note on Monday, October 8th. Barclays downgraded T-Mobile Us to a “buy” rating in a research note on Tuesday, September 4th. KeyCorp set a $76.00 price target on T-Mobile Us and gave the stock a “buy” rating in a research note on Thursday, September 13th. Finally, BidaskClub downgraded T-Mobile Us from a “buy” rating to a “hold” rating in a research note on Friday, October 5th. One analyst has rated the stock with a sell rating, four have issued a hold rating, thirteen have given a buy rating and four have issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $72.49.
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 72.6 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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