Deutsche Bank Aktiengesellschaft Has Lowered Expectations for T-Mobile US (NASDAQ:TMUS) Stock Price

T-Mobile US (NASDAQ:TMUSGet Free Report) had its price objective dropped by equities researchers at Deutsche Bank Aktiengesellschaft from $300.00 to $285.00 in a research report issued to clients and investors on Thursday,MarketScreener reports. The firm presently has a “buy” rating on the Wireless communications provider’s stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 45.36% from the company’s current price.

TMUS has been the subject of a number of other reports. Citigroup upped their target price on shares of T-Mobile US from $220.00 to $225.00 and gave the company a “neutral” rating in a report on Tuesday, March 17th. Benchmark reaffirmed a “buy” rating on shares of T-Mobile US in a report on Thursday, February 12th. BNP Paribas Exane dropped their price target on shares of T-Mobile US from $300.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, January 16th. TD Cowen upped their price target on shares of T-Mobile US from $252.00 to $261.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, Wolfe Research reiterated an “outperform” rating and issued a $255.00 price target on shares of T-Mobile US in a research report on Thursday, February 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $258.83.

Check Out Our Latest Stock Report on T-Mobile US

T-Mobile US Stock Up 0.3%

Shares of TMUS stock opened at $196.06 on Thursday. T-Mobile US has a 12 month low of $181.36 and a 12 month high of $261.56. The stock has a market cap of $212.36 billion, a P/E ratio of 20.86, a P/E/G ratio of 1.20 and a beta of 0.43. The company has a current ratio of 1.09, a quick ratio of 0.90 and a debt-to-equity ratio of 1.58. The company has a 50 day simple moving average of $206.12 and a two-hundred day simple moving average of $205.40.

T-Mobile US (NASDAQ:TMUSGet Free Report) last announced its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 EPS for the quarter, beating analysts’ consensus estimates of $2.01 by $0.26. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The business had revenue of $23.11 billion during the quarter, compared to analysts’ expectations of $22.98 billion. During the same period in the prior year, the company earned $2.58 earnings per share. The firm’s revenue was up 10.6% on a year-over-year basis. On average, research analysts expect that T-Mobile US will post 10.41 earnings per share for the current year.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director G Michael Sievert sold 80,000 shares of the stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $214.94, for a total transaction of $17,195,200.00. Following the completion of the transaction, the director owned 140,696 shares in the company, valued at $30,241,198.24. This trade represents a 36.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Raul Marcelo Claure sold 550,000 shares of the stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $217.57, for a total transaction of $119,663,500.00. Following the transaction, the director owned 891,204 shares of the company’s stock, valued at $193,899,254.28. This trade represents a 38.16% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 694,134 shares of company stock valued at $150,847,799 over the last ninety days. Corporate insiders own 0.37% of the company’s stock.

Hedge Funds Weigh In On T-Mobile US

Several institutional investors have recently bought and sold shares of the business. United Community Bank raised its stake in shares of T-Mobile US by 131.1% in the third quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 59 shares during the period. JDM Financial Group LLC raised its stake in shares of T-Mobile US by 114.0% in the fourth quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 65 shares during the period. Swiss RE Ltd. purchased a new stake in shares of T-Mobile US in the fourth quarter valued at $29,000. Turning Point Benefit Group Inc. raised its stake in shares of T-Mobile US by 3,825.0% in the fourth quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock valued at $32,000 after acquiring an additional 153 shares during the period. Finally, Sachetta LLC raised its stake in shares of T-Mobile US by 52.9% in the first quarter. Sachetta LLC now owns 159 shares of the Wireless communications provider’s stock valued at $33,000 after acquiring an additional 55 shares during the period. Institutional investors own 42.49% of the company’s stock.

T-Mobile US News Roundup

Here are the key news stories impacting T-Mobile US this week:

About T-Mobile US

(Get Free Report)

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.

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