T-Mobile US Inc. (NASDAQ:TMUS) finished Wednesday with an addition of $1.17 to close at $136.33, an upside of 0.87 percent. An average of 3,639,480 shares of common stock have been traded in the last five days. There was a fall of -$1.92 in the past week, and it reached a new high 7 times over the past 12 months. The last 20 days have seen an average of 3,844,045 shares traded, while the 50-day average volume stands at 4,707,444.
TMUS stock has decreased by -4.31% in the last month. The company shares reached their 1-month lowest point of $134.21 on 08/22/23. With the stock rallying to its 52-week high on 02/01/23, shares of the company touched a low of $124.92 and a high of $154.38 in 52 weeks. It has reached a new high 7 times so far this year and lost -2.62% or -$3.67 in price. In spite of this, the price is down -11.69% from the 52-week high.
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Insider Transactions
TMUS stock investors should be aware that T-Mobile US Inc. (TMUS) stock had its last reported insider trading activity 13 days ago on Aug 11. In this transaction, the insider spent $2,761,000. President and CEO, SIEVERT G MICHAEL, disposed of 20,000 shares at a price of $138.34 on Aug 10. The insider now owns more than $2,766,800 worth of shares. Prior to that, President, Consumer Group Freier Jon went on to Sale 15,000 shares at $140.00 each on Jul 10. An amount of $2,100,000 was transacted.
Valuation Metrics
T-Mobile US Inc. (TMUS) has a trailing price-to-earnings (P/E) ratio of 25.80. The stock’s beta is 0.55. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.04, the price-to-book (PB) ratio at 2.47, and the price-to-cash flow ratio at 41.75.
Financial Health
The quick ratio of T-Mobile US Inc. for the three months ended June 29 was 0.80, and the current ratio was 0.80, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.14 and a total debt to equity ratio of 1.28 for the quarter ending June 29. T-Mobile US Inc.’s EBITDA margin for the year ending June 29 is 33.86%, while its operating margin for the same period stands at 14.30%. Its gross profit as reported stood at $43.37 billion compared to revenue of $79.57 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, T-Mobile US Inc.’s return on assets was 2.90%.
Earnings Surprise
For the three-month period that ended June 29, T-Mobile US Inc. had $68.65 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $2.22 billion in the quarter, while revenues of $1.94 billion were grew 104.86%. The analyst consensus anticipated T-Mobile US Inc.’s latest quarter earnings to come in at $1.69 per share, but it turned out to be $1.86, a 10.10% surprise. For the quarter, EBITDA amounted to $6.9 billion. Shareholders own equity worth $1.18 billion.
Technical Picture
From a technical analysis perspective, let’s take a brief look at T-Mobile US Inc. (TMUS) price momentum. RSI 9-day as of the close on 23 August was 44.63%, suggesting the stock is Neutral, with historical volatility in this time frame at 10.79%.
As of today, TMUS’s price is $135.91 -1.39% or -$1.92 from its 5-day moving average. TMUS is currently trading -3.37% lower than its 20-day SMA and -5.70% lower than its 100-day SMA. However, the stock’s current price level is +4.24% above the SMA50 and -7.99% below the SMA200.
The stochastic %K and %D were 24.71% and 24.89%, respectively, and the average true range (ATR) was 1.92. With the 14-day stochastic at 37.32% and the average true range at 2.04, the RSI (14) stands at 45.88%. The stock has reached -1.46 on the 9-day MACD Oscillator while the 14-day reading was at -1.26.
Analyst Ratings
Wolfe Research upgraded T-Mobile US Inc. (NASDAQ: TMUS) to a an Outperform rating in its most recent analyst report. Previously, the stock was rated as a Peer perform. The consensus rating for T-Mobile US Inc. (TMUS) among analysts is Buy. According to current brokerage recommendations, 1 brokerage firm advise that investors sell TMUS, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 25 others rate it as a “buy”.
What is TMUS’s price target for the next 12 months?
Analysts predict a range of price targets between $115.75 and $210.00, with a median target of $175.50. Taking a look at these predictions, the average price target given by analysts for T-Mobile US Inc. (TMUS) stock is $174.96.
