T-Mobile US Inc. [NASDAQ: TMUS] gained 0.23% or 0.28 points to close at $123.28 with a heavy trading volume of 7392693 shares. The company report on May 10, 2022 that CORRECTING and REPLACING T-Mobile Launches Year-long Rage Against Big Internet Tour.
The tour kicks off on the heels of T-Mobile’s latest Un-carrier Move, Internet Freedom, which launches today for consumers and businesses.
Headline of release should read: T-Mobile Launches Year-long Rage Against Big Internet Tour (instead of T-Mobile Tackles Decades of Customer Disservice with Yearlong Rage Against Big Internet Tour).
It opened the trading session at $121.99, the shares rose to $126.51 and dropped to $121.50, the range by which the price of stock traded the whole day. The daily chart for TMUS points out that the company has recorded 2.85% gains over the past six months. However, it is still -21.45% lower than its most recent low trading price.
If we look at the average trading volume of 5.04M shares, TMUS reached to a volume of 7392693 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about T-Mobile US Inc. [TMUS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TMUS shares is $165.61 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TMUS stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
KeyBanc Capital Markets have made an estimate for T-Mobile US Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on March 23, 2022. While these analysts kept the previous recommendation, Daiwa Securities raised their target price to Neutral. The new note on the price target was released on December 23, 2021, representing the official price target for T-Mobile US Inc. stock. Previously, the target price had yet another raise from $151 to $158, while Raymond James kept a Strong Buy rating on TMUS stock.
The Average True Range (ATR) for T-Mobile US Inc. is set at 4.37, with the Price to Sales ratio for TMUS stock in the period of the last 12 months amounting to 1.96. The Price to Book ratio for the last quarter was 2.20, with the Price to Cash per share for the same quarter was set at 2.53. Price to Free Cash Flow for TMUS in the course of the last twelve months was 100.13 with Quick ratio for the last quarter at 0.70.
Trading performance analysis for TMUS stock
T-Mobile US Inc. [TMUS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.87. With this latest performance, TMUS shares dropped by -5.47% in over the last four-week period, additionally plugging by 2.85% over the last 6 months – not to mention a drop of -9.78% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TMUS stock in for the last two-week period is set at 43.37, with the RSI for the last a single of trading hit 41.09, and the three-weeks RSI is set at 45.43 for T-Mobile US Inc. [TMUS]. The present Moving Average for the last 50 days of trading for this stock 127.75, while it was recorded at 124.87 for the last single week of trading, and 124.14 for the last 200 days.
T-Mobile US Inc. [TMUS]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and T-Mobile US Inc. [TMUS] shares currently have an operating margin of +12.50 and a Gross Margin at +36.40. T-Mobile US Inc.’s Net Margin is presently recorded at +3.77.
Return on Equity for this stock inclined to 4.50, with Return on Assets sitting at 1.38.
T-Mobile US Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 0.80.
T-Mobile US Inc. [TMUS]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TMUS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for T-Mobile US Inc. go to 58.65%.
An analysis of insider ownership at T-Mobile US Inc. [TMUS]
There are presently around $71,453 million, or 41.80% of TMUS stock, in the hands of institutional investors. The top three institutional holders of TMUS stocks are: SOFTBANK GROUP CORP with ownership of 60,924,954, which is approximately 0% of the company’s market cap and around 52.00% of the total institutional ownership; VANGUARD GROUP INC, holding 43,532,489 shares of the stock with an approximate value of $5.35 billion in TMUS stocks shares; and BLACKROCK INC., currently with $5.01 billion in TMUS stock with ownership of nearly -1.805% of the company’s market capitalization.
Positions in T-Mobile US Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 580 institutional holders increased their position in T-Mobile US Inc. [NASDAQ:TMUS] by around 61,004,632 shares. Additionally, 460 investors decreased positions by around 53,008,232 shares, while 142 investors held positions by with 466,904,218 shares. The mentioned changes placed institutional holdings at 580,917,082 shares, according to the latest SEC report filing. TMUS stock had 168 new institutional investments in for a total of 10,898,111 shares, while 102 institutional investors sold positions of 13,773,725 shares during the same period.