T-Mobile US Inc (NASDAQ:TMUS) shares traded 0.17% higher at $162.68 on Wall Street last session.
TMUS stock price is now 0.04% away from the 50-day moving average and 6.60% away from the 200-day moving average. The market capitalization of the company currently stands at $190.64B.
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With the price target maintained at $160, Wolfe Research recently Upgraded its rating from Peer Perform to Outperform for T-Mobile US Inc (NASDAQ: TMUS). On February 06, 2023, MoffettNathanson Downgraded its previous ‘Outperform’ rating to ‘Market Perform’ on the stock keeping its target price maintained at $174, while ‘Wolfe Research’ rates the stock as ‘Peer Perform’
In other news, DEUTSCHE TELEKOM AG, Director sold 189,670 shares of the company’s stock on May 14 ’24. The stock was sold for $30,869,188 at an average price of $162.75. Upon completion of the transaction, the Director now directly owns 675,831,001 shares in the company, valued at $109.94 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On May 14 ’24, President and CEO SIEVERT G MICHAEL sold 20,000 shares of the business’s stock. A total of $3,256,800 was realized by selling the stock at an average price of $162.84. This leaves the insider owning 438,124 shares of the company worth $71.27 million. A total of 62.55% of the company’s stock is owned by insiders.
During the past 12 months, T-Mobile US Inc has had a low of $124.92 and a high of $168.64. As of last week, the company has a debt-to-equity ratio of 1.86, a current ratio of 0.94, and a quick ratio of 0.86.
According to the Telecom Services Company, earnings per share came in at 1.86, beating analysts’ expectations of 1.69 by 0.17. This compares to $1.58 EPS in the same period last year. The net profit margin was 11.14% and return on equity was 13.57% for TMUS. The company reported revenue of $19.59 billion for the quarter, compared to $19.63 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.19 percent. For the current quarter, analysts expect TMUS to generate $19.57B in revenue.
