T-Mobile US (TMUS) Earning Somewhat Favorable News Coverage, Report Shows

Media headlines about T-Mobile US (NASDAQ:TMUS) have been trending somewhat positive this week, according to Accern. Accern rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. T-Mobile US earned a news impact score of 0.19 on Accern’s scale. Accern also gave media coverage about the Wireless communications provider an impact score of 47.2007887356067 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:

Shares of T-Mobile US (NASDAQ TMUS) traded up $0.93 during midday trading on Wednesday, reaching $58.62. 6,498,619 shares of the company traded hands, compared to its average volume of 3,832,905. The stock has a market cap of $49,290.00, a price-to-earnings ratio of 11.27, a PEG ratio of 0.74 and a beta of 0.30. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.64 and a current ratio of 0.77. T-Mobile US has a 12 month low of $54.60 and a 12 month high of $68.88.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Thursday, February 8th. The Wireless communications provider reported $0.48 EPS for the quarter, topping the consensus estimate of $0.37 by $0.11. The company had revenue of $10.76 billion during the quarter, compared to analyst estimates of $10.84 billion. T-Mobile US had a net margin of 11.19% and a return on equity of 9.60%. The firm’s revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.45 EPS. research analysts predict that T-Mobile US will post 3.16 EPS for the current fiscal year.

T-Mobile US announced that its Board of Directors has approved a stock repurchase program on Wednesday, December 6th that authorizes the company to repurchase $1.50 billion in shares. This repurchase authorization authorizes the Wireless communications provider to buy shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company’s board believes its shares are undervalued.

Several analysts have commented on the stock. UBS Group upgraded shares of T-Mobile US from an “outperform” rating to a “strong-buy” rating in a research note on Friday, February 9th. Bank of America boosted their target price on shares of T-Mobile US from $40.00 to $45.00 and gave the company an “underperform” rating in a research note on Friday, February 9th. Zacks Investment Research upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating and set a $65.00 target price for the company in a research note on Wednesday. Raymond James Financial upgraded shares of T-Mobile US from an “outperform” rating to a “strong-buy” rating in a research note on Friday, February 9th. Finally, BidaskClub upgraded shares of T-Mobile US from a “sell” rating to a “hold” rating in a research note on Tuesday, January 30th. One analyst has rated the stock with a sell rating, six have given a hold rating, twenty-one have given a buy rating and four have issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $69.87.

In other news, EVP Peter A. Ewens sold 10,000 shares of the company’s stock in a transaction on Tuesday, December 26th. The shares were sold at an average price of $62.95, for a total transaction of $629,500.00. Following the completion of the sale, the executive vice president now owns 166,434 shares of the company’s stock, valued at $10,477,020.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP David A. Miller sold 15,000 shares of the company’s stock in a transaction on Monday, December 18th. The stock was sold at an average price of $62.78, for a total transaction of $941,700.00. Following the sale, the executive vice president now directly owns 104,448 shares of the company’s stock, valued at approximately $6,557,245.44. The disclosure for this sale can be found here. In the last three months, insiders sold 73,620 shares of company stock valued at $4,708,192. 0.29% of the stock is owned by insiders.

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T-Mobile US Company Profile

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services to approximately 71 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices, as well as accessories that are manufactured by various suppliers.

Insider Buying and Selling by Quarter for T-Mobile US (NASDAQ:TMUS)

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