T-Mobile Us (NASDAQ:TMUS) announced its quarterly earnings data on Tuesday. The Wireless communications provider reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.08, RTT News reports. T-Mobile Us had a net margin of 11.27% and a return on equity of 10.87%. The business had revenue of $10.84 billion during the quarter, compared to analyst estimates of $10.73 billion. During the same period last year, the firm posted $0.63 EPS. The company’s revenue was up 8.2% on a year-over-year basis.
Shares of TMUS stock traded down $0.99 on Tuesday, reaching $63.92. The company’s stock had a trading volume of 5,652,500 shares, compared to its average volume of 3,847,685. T-Mobile Us has a 1 year low of $54.60 and a 1 year high of $70.94. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.66 and a current ratio of 0.76. The firm has a market cap of $55.16 billion, a PE ratio of 27.91, a price-to-earnings-growth ratio of 2.23 and a beta of 0.40.
A number of brokerages have issued reports on TMUS. ValuEngine raised shares of T-Mobile Us from a “sell” rating to a “hold” rating in a report on Tuesday, August 7th. BidaskClub raised shares of T-Mobile Us from a “sell” rating to a “hold” rating in a report on Tuesday, August 7th. Nomura reaffirmed a “neutral” rating and set a $68.00 price objective on shares of T-Mobile Us in a report on Thursday, August 2nd. Barclays lowered shares of T-Mobile Us to a “buy” rating in a report on Tuesday, September 4th. Finally, KeyCorp set a $76.00 price objective on shares of T-Mobile Us and gave the company a “buy” rating in a report on Thursday, September 13th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, thirteen have assigned a buy rating and four have assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $72.49.
About T-Mobile Us
T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to 72.6 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.
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