TMUS Has Its Estimated Earning Lifted By Brokerage

TMUS
TMUS

T-Mobile US, Inc. (NASDAQ: TMUS) got their ESP estimates for FY2021 raised by researchers of William Blair on 5th May, Wednesday. J. Breen, William Blair’s analyst, now estimates a $2.13 EPS which is an increase from the previous $1.92 estimate.

Overview Of TMUS Stock

Several other research analysts have also issued their reports on TMUS stock recently. Credit Suisse Group issued an objective price of $165 while giving a rating of “buy” on 5th May, Wednesday. Deutsche Bank Aktiengesellschaft upped their price target to $185 from $155 while giving a rating of “buy” on 26th April, Monday. UBS Group reissued a rating of “buy” while setting a price target of $170 on 5th May, Wednesday. Morgan Stanley reissued a rating of “buy” while increasing their price target to $146 from $143 on Thursday. Finally, Raymond James upped their price target to $146 from $145 while giving a rating of “outperform” on 5th May, Wednesday.

On Monday, the opening value of TMUS was $139.12. The market capitalization value of the company stands at $173.46B with a 0.55 beta. The moving average of the stock over 50 days currently stands at $129.32 while for 200 days it stands at $127.04. The highest and lowest value of the stock over the past 12 months is $140.19 and $91.50 respectively. The latest results of its earnings were published on 4th May, Tuesday. A $0.74 EPS was reported overshooting the estimated $0.55 EPS.

WD Rutherford LLC, Choate Investment Advisors, Cambridge Investment Research Advisors Inc., BlackRock Inc., all increased their shares of TMUS stock recently.

Neville R. Ray, an insider, sold off 10,800 TMUS shares at a $125.12 average price per share on 25th February, Thursday. G Michael Sievert, the CEO, sold off 40000 shares at a $121.67 average price per share on 26th February, Friday.