T-Mobile US Inc (NASDAQ:TMUS) saw an upside of 0.32% to close Tuesday at $140.46 after adding $0.45 on the day. The 5-day average trading volume is 3,888,300 shares of the company’s common stock. It has gained $143.07 in the past week and touched a new high 2 times within the past 5 days. An average of 5,723,935 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 4,985,374.
TMUS’s 1-month performance is 5.33% or $7.11 on its low of $132.40 reached on 09/06/23. The company’s shares have touched a 52-week low of $124.92 and high of $154.38, with the stock’s rally to the 52-week high happening on 02/01/23. YTD, TMUS has achieved 0.33% or $0.46 and has reached a new high 7 times. However, the current price is down -9.02% from the 52-week high price.
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Insider Transactions
TMUS stock investors last saw insider trading activity on Sep 13.Bazzano Dara (SVP & Chief Accounting Officer) most recently sold 3,953 shares at $141.36 per share on Sep 13. This transaction cost the insider $558,796. President, Consumer Group, Freier Jon, sold 15,000 shares at a price of $140.00 on Sep 11. Then, on Sep 11, President, MIX Katz Michael J. sold 3,500 shares at a price of $140.01 per share. This transaction amounted to $490,035.
Valuation Metrics
TMUS stock has a beta of 0.54. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.10 while the price-to-book (PB) in the most recent quarter is 2.52, with the price to cash flow ratio at 20.79.
T-Mobile US Inc’s quick ratio for the period ended June 29 was 0.77, with the current ratio over the same period at 0.82. As well, the company’s long term debt to equity for the quarter ending June 29 was 1.59, while the total debt to equity was 1.77.. In terms of profitability, the gross margin trailing 12 months is 45.13%. The trailing 12-month EBITDA margin is 33.86% while for the period ending June 29, T-Mobile US Inc’s operating margin was 19.09%. The firm’s gross profit as reported stood at $43.37 billion against revenue of $79.57 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 104.86% to $2.22 billion, while revenue of $1.94 billion was 12.65% off the previous quarter. Analysts expected TMUS to announce $1.69 per share in earnings in its latest quarter, but it posted $1.86, representing a 10.10% surprise. EBITDA for the quarter stood at more than $6.9 billion. TMUS stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 144.85 billion, with total debt at $116.55 billion. Shareholders hold equity totaling $1.18 billion.
Let’s look briefly at T-Mobile US Inc (TMUS) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 September was 53.82% to suggest the stock is trending Neutral, with historical volatility in this time period at 13.71%.
The stock’s 5-day moving average is $140.38, reflecting a -1.41% or -$2.01 change from its current price. TMUS is currently trading +3.91% above its 20-day SMA, +0.39% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +1.78% and SMA200 by-5.60%.
Stochastic %K and %D was 57.78% and 60.37% and the average true range (ATR) pointed at 2.36. The RSI (14) points at 54.29%, while the 14-day stochastic is at 57.14% with the period’s ATR at 2.41. The stock’s 9-day MACD Oscillator is pointing at -1.19 and -0.56 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for T-Mobile US Inc (NASDAQ: TMUS), Wolfe Research upgraded it to an Outperform rating. They previously had a Peer perform rating on the stock. Analysts offering their rating for TMUS stock have a consensus rating for the stock as Buy. Currently, 1 brokerage advisors rate TMUS as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 24 have offered a “buy” rating.
What is TMUS’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $118.49 and a high of $210.00, with their median price target at $175.00. Looking at these predictions, the average price target given by analysts is for T-Mobile US Inc (TMUS) stock is $174.51.
