T-Mobile US Inc [TMUS] attracts people because of its fundamentals

T-Mobile US Inc (NASDAQ:TMUS) shares traded -0.32% lower at $164.97 on Wall Street last session.

TMUS stock price is now 1.52% away from the 50-day moving average and 7.52% away from the 200-day moving average. The market capitalization of the company currently stands at $193.32B.

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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 23 ’24. The stock was sold for $31,291,014 at an average price of $164.98. Upon completion of the transaction, the Director now directly owns 674,503,311 shares in the company, valued at $111.27 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On May 22 ’24, Director DEUTSCHE TELEKOM AG sold 189,670 shares of the business’s stock. A total of $31,307,408 was realized by selling the stock at an average price of $165.06. This leaves the insider owning 674,692,981 shares of the company worth $111.3 billion. A total of 62.44% 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 stock market information, the enterprise value for the company is $302828781568, which is based on a 22.45 price-to-earnings ratio, a 0.89 price-to-earnings-growth ratio, and a beta of 0.48. The fifty day moving average price for TMUS is $162.5112 and a two-hundred day moving average price translates $153.57726 for the stock.

The latest earnings results from T-Mobile US Inc (NASDAQ: TMUS) was released for 2024-03-31. 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.

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