Stocks of T-Mobile US Inc (NASDAQ:TMUS) traded higher last session on Wall Street, down -3.08% to $226.36.
TMUS stock price is now 9.84% away from the 50-day moving average and 26.77% away from the 200-day moving average. The market capitalization of the company currently stands at $262.69B.
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On October 18, 2024, Scotiabank Downgraded its previous ‘Sector Outperform’ rating to ‘Sector Perform’ on the stock increasing its target price from $215.50 to quote $236, while ‘Raymond James’ rates the stock as ‘Outperform’
In other news, Osvaldik Peter, Officer bought 20,000 shares of the company’s stock on Oct 25 ’24. The stock was bought for $4,671,000 at an average price of $233.55. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 16 ’24, EVP and General Counsel Nelson Mark Wolfe sold 42,769 shares of the business’s stock. A total of $9,249,224 was realized by selling the stock at an average price of $216.26. This leaves the insider owning 61,871 shares of the company worth $14.01 million. A total of 58.20% of the company’s stock is owned by insiders.
During the past 12 months, T-Mobile US Inc has had a low of $137.69 and a high of $234.40. As of last week, the company has a debt-to-equity ratio of 1.81, a current ratio of 1.08, and a quick ratio of 0.99. According to the stock market information, the enterprise value for the company is $370043748352, which is based on a 25.79 price-to-earnings ratio, a 1.23 price-to-earnings-growth ratio, and a beta of 0.50. The fifty day moving average price for TMUS is $206.0798 and a two-hundred day moving average price translates $178.56575 for the stock.
The latest earnings results from T-Mobile US Inc (NASDAQ: TMUS) was released for 2024-09-30. The net profit margin was 12.96% and return on equity was 16.09% for TMUS. The company reported revenue of $20.16 billion for the quarter, compared to $19.25 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.73 percent.
