T-Mobile US Inc. [NASDAQ: TMUS] stock went on a downward path that fall over -0.19% on Monday, amounting to a one-week price decrease of less than -3.50%. The company report on February 27, 2023 that Deutsche Telekom and T-Mobile US Introduce Network APIs and a Joint Developer Platform in Germany and the US.
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New network Application Programming Interfaces (APIs) will enable developers to build and innovate with telco network capabilities.
Deutsche Telekom and T-Mobile US address global use cases with joint platform and new network APIs.
Over the last 12 months, TMUS stock rose by 16.55%. The one-year T-Mobile US Inc. stock forecast points to a potential upside of 19.09. The average equity rating for TMUS stock is currently 1.90, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $176.14 billion, with 1.24 billion shares outstanding and 589.74 million shares in the current float. Compared to the average trading volume of 5.15M shares, TMUS stock reached a trading volume of 5287718 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $178.13 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.
MoffettNathanson have made an estimate for T-Mobile US Inc. shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on February 06, 2023. The new note on the price target was released on January 03, 2023, representing the official price target for T-Mobile US Inc. stock. Previously, the target price had yet another raise from $153 to $167, while Scotiabank kept a Sector Outperform rating on TMUS stock.
The Average True Range (ATR) for T-Mobile US Inc. is set at 2.82, with the Price to Sales ratio for TMUS stock in the period of the last 12 months amounting to 2.21. The Price to Book ratio for the last quarter was 2.57, with the Price to Cash per share for the same quarter was set at 3.69. Price to Free Cash Flow for TMUS in the course of the last twelve months was 62.66 with Quick ratio for the last quarter at 0.70.
TMUS Stock Performance Analysis:
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 -3.50. With this latest performance, TMUS shares dropped by -3.07% in over the last four-week period, additionally sinking by -2.00% over the last 6 months – not to mention a rise of 16.55% 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 45.12, with the RSI for the last a single of trading hit 41.54, and the three-weeks RSI is set at 46.99 for T-Mobile US Inc. [TMUS]. The present Moving Average for the last 50 days of trading for this stock 144.86, while it was recorded at 145.54 for the last single week of trading, and 140.89 for the last 200 days.
Insight into T-Mobile US Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and T-Mobile US Inc. [TMUS] shares currently have an operating margin of +16.70 and a Gross Margin at +42.61. T-Mobile US Inc.’s Net Margin is presently recorded at +3.25.
Return on Equity for this stock inclined to 3.73, with Return on Assets sitting at 1.14.
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.
TMUS Stock EPS
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 64.25%.
T-Mobile US Inc. [TMUS] Insider Position Details
There are presently around $78,307 million, or 42.60% of TMUS stock, in the hands of institutional investors. The top three institutional holders of TMUS stocks are: VANGUARD GROUP INC with ownership of 49,238,385, which is approximately 0.881% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 43,050,161 shares of the stock with an approximate value of $6.2 billion in TMUS stocks shares; and SOFTBANK GROUP CORP., currently with $5.73 billion in TMUS stock with ownership of nearly 0% of the company’s market capitalization.
Positions in T-Mobile US Inc. stocks held by institutional investors increased at the end of Wednesday and at the time of the Wednesday reporting period, where 618 institutional holders increased their position in T-Mobile US Inc. [NASDAQ:TMUS] by around 34,543,601 shares. Additionally, 551 investors decreased positions by around 48,822,117 shares, while 164 investors held positions by with 459,942,050 shares. The mentioned changes placed institutional holdings at 543,307,768 shares, according to the latest SEC report filing. TMUS stock had 169 new institutional investments in for a total of 6,662,000 shares, while 110 institutional investors sold positions of 9,417,250 shares during the same period.