Brokers Set Expectations for T-Mobile Us Inc’s Q1 2019 Earnings (TMUS)

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T-Mobile Us Inc (NASDAQ:TMUS) – KeyCorp lifted their Q1 2019 earnings per share (EPS) estimates for T-Mobile Us in a research report issued on Thursday, February 7th. KeyCorp analyst B. Nispel now expects that the Wireless communications provider will post earnings per share of $1.01 for the quarter, up from their prior forecast of $0.96. KeyCorp also issued estimates for T-Mobile Us’ Q2 2019 earnings at $1.07 EPS, Q1 2020 earnings at $1.19 EPS, Q2 2020 earnings at $1.23 EPS, Q3 2020 earnings at $1.23 EPS and Q4 2020 earnings at $0.93 EPS.

TMUS has been the topic of a number of other research reports. BTIG Research upped their price target on shares of T-Mobile Us to $91.00 and gave the company a “buy” rating in a research note on Friday, January 18th. BidaskClub lowered shares of T-Mobile Us from a “buy” rating to a “hold” rating in a research note on Wednesday, January 16th. HSBC restated a “buy” rating and set a $76.00 price target on shares of T-Mobile Us in a research note on Monday, January 14th. Zacks Investment Research lowered shares of T-Mobile Us from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 10th. Finally, Raymond James restated a “strong-buy” rating and set a $85.00 price target on shares of T-Mobile Us in a research note on Wednesday, December 19th. Four analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $78.29.

NASDAQ:TMUS opened at $68.38 on Monday. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.85 and a quick ratio of 0.74. T-Mobile Us has a 52 week low of $55.09 and a 52 week high of $70.94. The company has a market cap of $58.01 billion, a P/E ratio of 20.35, a PEG ratio of 2.85 and a beta of 0.42.

T-Mobile Us (NASDAQ:TMUS) last posted its earnings results on Thursday, February 7th. The Wireless communications provider reported $0.75 EPS for the quarter, beating the Zacks’ consensus estimate of $0.69 by $0.06. T-Mobile Us had a net margin of 6.67% and a return on equity of 12.27%. The company had revenue of $11.45 billion during the quarter, compared to analysts’ expectations of $11.38 billion. During the same quarter in the prior year, the company posted $3.11 earnings per share. T-Mobile Us’s revenue for the quarter was up 6.4% compared to the same quarter last year.

Large investors have recently added to or reduced their stakes in the company. Appleton Partners Inc. MA increased its stake in shares of T-Mobile Us by 10.1% in the fourth quarter. Appleton Partners Inc. MA now owns 14,185 shares of the Wireless communications provider’s stock worth $902,000 after acquiring an additional 1,304 shares during the period. First Hawaiian Bank grew its position in T-Mobile Us by 92.9% during the fourth quarter. First Hawaiian Bank now owns 26,929 shares of the Wireless communications provider’s stock valued at $1,713,000 after buying an additional 12,966 shares during the period. Highland Associates Inc. acquired a new stake in T-Mobile Us during the fourth quarter valued at $26,422,000. Assenagon Asset Management S.A. acquired a new stake in T-Mobile Us during the fourth quarter valued at $1,323,000. Finally, Jefferies Group LLC grew its position in T-Mobile Us by 131.6% during the third quarter. Jefferies Group LLC now owns 42,323 shares of the Wireless communications provider’s stock valued at $2,970,000 after buying an additional 176,262 shares during the period. Hedge funds and other institutional investors own 32.85% of the company’s stock.

In other news, COO G Michael Sievert sold 10,228 shares of the stock in a transaction on Tuesday, January 15th. The shares were sold at an average price of $67.90, for a total value of $694,481.20. Following the sale, the chief operating officer now owns 431,890 shares in the company, valued at $29,325,331. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.37% of the stock is owned by corporate insiders.

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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Earnings History and Estimates for T-Mobile Us (NASDAQ:TMUS)

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