T-Mobile Us Inc (NASDAQ:TMUS) – Investment analysts at Jefferies Financial Group cut their Q3 2018 earnings per share estimates for T-Mobile Us in a research note issued on Wednesday, July 11th. Jefferies Financial Group analyst S. Goldman now anticipates that the Wireless communications provider will earn $0.83 per share for the quarter, down from their previous estimate of $0.91. Jefferies Financial Group also issued estimates for T-Mobile Us’ Q4 2018 earnings at $0.77 EPS and FY2018 earnings at $3.20 EPS.
Get T-Mobile Us alerts:T-Mobile Us (NASDAQ:TMUS) last issued its quarterly earnings data on Tuesday, May 1st. The Wireless communications provider reported $0.78 EPS for the quarter, beating the consensus estimate of $0.71 by $0.07. The company had revenue of $10.46 billion during the quarter, compared to analysts’ expectations of $10.35 billion. T-Mobile Us had a net margin of 10.90% and a return on equity of 10.41%. T-Mobile Us’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.80 earnings per share.
Several other brokerages have also recently commented on TMUS. Barclays initiated coverage on shares of T-Mobile Us in a research note on Wednesday, June 27th. They set an “overweight” rating and a $74.00 price objective for the company. Royal Bank of Canada reissued a “buy” rating and issued a price target on shares of T-Mobile Us in a research note on Monday, April 30th. Macquarie reissued a “buy” rating and issued a $74.00 price target on shares of T-Mobile Us in a research note on Wednesday, June 6th. BidaskClub raised shares of T-Mobile Us from a “hold” rating to a “buy” rating in a research note on Friday, June 22nd. Finally, Oppenheimer boosted their price target on shares of T-Mobile Us and gave the stock an “outperform” rating in a research note on Monday, April 30th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating, sixteen have assigned a buy rating and three have issued a strong buy rating to the stock. T-Mobile Us has an average rating of “Buy” and a consensus price target of $71.67.
Shares of T-Mobile Us opened at $60.18 on Thursday, MarketBeat.com reports. The company has a market cap of $51.95 billion, a P/E ratio of 26.28, a PEG ratio of 0.99 and a beta of 0.40. T-Mobile Us has a 12 month low of $54.60 and a 12 month high of $66.52. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.78 and a quick ratio of 0.67.
Several institutional investors and hedge funds have recently made changes to their positions in TMUS. Green Square Capital LLC bought a new stake in shares of T-Mobile Us in the 1st quarter worth approximately $221,000. First Allied Advisory Services Inc. bought a new stake in shares of T-Mobile Us in the 1st quarter worth approximately $222,000. Jump Trading LLC bought a new stake in shares of T-Mobile Us in the 4th quarter worth approximately $227,000. Koch Industries Inc. bought a new stake in shares of T-Mobile Us in the 1st quarter worth approximately $229,000. Finally, Wedbush Securities Inc. bought a new stake in shares of T-Mobile Us in the 1st quarter worth approximately $234,000. Hedge funds and other institutional investors own 33.63% of the company’s stock.
In other news, COO G Michael Sievert sold 3,056 shares of the business’s stock in a transaction that occurred on Monday, May 7th. The shares were sold at an average price of $56.64, for a total value of $173,091.84. Following the completion of the sale, the chief operating officer now directly owns 467,225 shares in the company, valued at approximately $26,463,624. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP David A. Miller sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, July 5th. The stock was sold at an average price of $60.00, for a total transaction of $300,000.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,994 shares of company stock valued at $1,580,951. Company insiders own 0.37% of the company’s stock.
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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