The stock of T-Mobile US Inc (NASDAQ:TMUS) last traded at $188.76, up 0.90% from the previous session.
TMUS stock price is now 6.76% away from the 50-day moving average and 16.00% away from the 200-day moving average. The market capitalization of the company currently stands at $220.24B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
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 $127.28 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 01 ’24, Officer Freier Jon bought 10,000 shares of the business’s stock. A total of $1,818,700 was incurred on buying the stock at an average price of $181.87. 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 $187.51. As of last week, the company has a debt-to-equity ratio of 1.82, a current ratio of 0.84, and a quick ratio of 0.78. According to the stock market information, the enterprise value for the company is $328529149952, which is based on a 23.63 price-to-earnings ratio, a 0.90 price-to-earnings-growth ratio, and a beta of 0.50. The fifty day moving average price for TMUS is $177.3036 and a two-hundred day moving average price translates $162.95775 for the stock.
The latest earnings results from T-Mobile US Inc (NASDAQ: TMUS) was released for 2024-06-30. The net profit margin was 11.95% and return on equity was 14.73% for TMUS. The company reported revenue of $19.77 billion for the quarter, compared to $19.2 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.0 percent.
