T-Mobile US Inc (NASDAQ:TMUS) shares traded 0.19% higher at $176.89 on Wall Street last session.
TMUS stock price is now 1.24% away from the 50-day moving average and 9.59% away from the 200-day moving average. The market capitalization of the company currently stands at $207.29B.
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With the price target of $200, Goldman recently initiated with Buy rating for T-Mobile US Inc (NASDAQ: TMUS). On June 08, 2023, Wolfe Research Upgraded its previous ‘Peer Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $160, while ‘MoffettNathanson’ rates the stock as ‘Market Perform’
In other news, DEUTSCHE TELEKOM AG, Director sold 189,670 shares of the company’s stock on May 24 ’28. The stock was sold for $31,421,035 at an average price of $165.66. Upon completion of the transaction, the Director now directly owns 674,313,641 shares in the company, valued at $119.28 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 01 ’24, Pres, Mkting Stgy & Prods Katz Michael J. sold 3,000 shares of the business’s stock. A total of $532,770 was realized by selling the stock at an average price of $177.59. This leaves the insider owning 122,687 shares of the company worth $21.7 million. A total of 57.97% of the company’s stock is owned by insiders.
During the past 12 months, T-Mobile US Inc has had a low of $131.47 and a high of $185.42. 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 $316797288448, which is based on a 24.07 price-to-earnings ratio, a 0.96 price-to-earnings-growth ratio, and a beta of 0.51. The fifty day moving average price for TMUS is $174.969 and a two-hundred day moving average price translates $161.60645 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.
