T-Mobile Us (NASDAQ:TMUS) Given “Buy” Rating at Sanford C. Bernstein

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Sanford C. Bernstein restated their buy rating on shares of T-Mobile Us (NASDAQ:TMUS) in a research report sent to investors on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a $104.00 target price on the Wireless communications provider’s stock.

A number of other research firms have also recently weighed in on TMUS. Nomura upgraded T-Mobile Us from a neutral rating to a buy rating and upped their price target for the stock from $88.00 to $96.00 in a report on Tuesday, January 7th. BidaskClub upgraded T-Mobile Us from a sell rating to a hold rating in a report on Friday, January 17th. Raymond James upped their price target on T-Mobile Us from $94.00 to $95.00 and gave the stock a strong-buy rating in a report on Wednesday, October 30th. Cowen decreased their price target on T-Mobile Us from $93.00 to $87.00 and set an outperform rating for the company in a report on Tuesday, October 29th. Finally, Barclays set a $88.00 price target on T-Mobile Us and gave the stock a buy rating in a report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. T-Mobile Us currently has an average rating of Buy and an average target price of $94.92.

TMUS opened at $96.48 on Tuesday. The firm has a 50 day moving average price of $81.29 and a 200 day moving average price of $79.35. The company has a market cap of $82.68 billion, a PE ratio of 23.94, a price-to-earnings-growth ratio of 1.64 and a beta of 0.43. T-Mobile Us has a 1 year low of $68.16 and a 1 year high of $96.61. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.67 and a current ratio of 0.74.

T-Mobile Us (NASDAQ:TMUS) last posted its earnings results on Thursday, February 6th. The Wireless communications provider reported $0.87 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.83 by $0.04. The firm had revenue of $11.88 billion during the quarter, compared to the consensus estimate of $11.82 billion. T-Mobile Us had a net margin of 7.71% and a return on equity of 14.09%. The company’s revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.75 EPS. On average, sell-side analysts predict that T-Mobile Us will post 4.69 earnings per share for the current year.

Several institutional investors have recently added to or reduced their stakes in the company. Point72 Asset Management L.P. purchased a new position in shares of T-Mobile Us during the 4th quarter valued at approximately $3,458,000. Captrust Financial Advisors lifted its stake in T-Mobile Us by 24,483.9% during the fourth quarter. Captrust Financial Advisors now owns 403,913 shares of the Wireless communications provider’s stock worth $31,744,000 after purchasing an additional 402,270 shares during the last quarter. Cubist Systematic Strategies LLC lifted its stake in T-Mobile Us by 152.1% during the fourth quarter. Cubist Systematic Strategies LLC now owns 75,056 shares of the Wireless communications provider’s stock worth $5,886,000 after purchasing an additional 45,287 shares during the last quarter. Orion Portfolio Solutions LLC bought a new position in T-Mobile Us during the fourth quarter worth $101,000. Finally, Keebeck Wealth Management LLC bought a new position in T-Mobile Us during the fourth quarter worth $42,000. Institutional investors own 33.86% of the company’s stock.

About T-Mobile Us

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 79.7 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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Analyst Recommendations for T-Mobile Us (NASDAQ:TMUS)

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