T-Mobile US Inc. (NASDAQ:TMUS) has a beta value of 0.56 and has seen 3.85 million shares traded in the last trading session. The company, currently valued at $181.44B, closed the last trade at $145.81 per share which meant it gained $1.44 on the day or 1.00% during that session. The TMUS stock price is -5.88% off its 52-week high price of $154.38 and 29.86% above the 52-week low of $102.27. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.06 million shares traded. The 3-month trading volume is 5.54 million shares.
The consensus among analysts is that T-Mobile US Inc. (TMUS) is a Buy stock at the moment, with a recommendation rating of 1.90. 1 analysts rate the stock as a Sell, while 2 rate it as Overweight. 4 out of 32 have rated it as a Hold, with 25 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $1.02.
T-Mobile US Inc. (NASDAQ:TMUS) trade information
Sporting 1.00% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on Tuesday, 01/24/23 when the TMUS stock price touched $145.81 or saw a rise of 1.31%. Year-to-date, T-Mobile US Inc. shares have moved 4.15%, while the 5-day performance has seen it change -0.80%. Over the past 30 days, the shares of T-Mobile US Inc. (NASDAQ:TMUS) have changed 3.07%. Short interest in the company has seen 15.95 million shares shorted with days to cover at 3.02.
Wall Street analysts have a consensus price target for the stock at $178.52, which means that the shares’ value could jump 18.32% from current levels. The projected low price target is $148.00 while the price target rests at a high of $222.00. In that case, then, we find that the current price level is -52.25% off the targeted high while a plunge would see the stock gain -1.5% from current levels.
T-Mobile US Inc. (TMUS) estimates and forecasts
Figures show that T-Mobile US Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained 8.36% over the past 6 months, with this year growth rate of -22.01%, compared to -32.80% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2023 fiscal year revenue. Growth estimates for the current quarter are 200.00% and 156.10% for the next quarter. Revenue growth from the last financial year stood is estimated to be 0.80%.
19 analysts offering their estimates for the company have set an average revenue estimate of $21.01 billion for the current quarter. 9 have an estimated revenue figure of $20.4 billion for the next quarter concluding in Mar 2023. Year-ago sales stood $20.79 billion and $20.11 billion respectively for this quarter and the next, and analysts expect sales will grow by 1.10% for the current quarter and 1.40% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 7.40% over the past 5 years. Earnings growth for 2023 is a modest 1.40% while over the next 5 years, the company’s earnings are expected to increase by 56.19%.
T-Mobile US Inc. is expected to release its next earnings report between January 31 and February 06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
T-Mobile US Inc. (NASDAQ:TMUS)’s Major holders
Insiders own 52.18% of the company shares, while shares held by institutions stand at 42.67% with a share float percentage of 89.25%. Investors are also buoyed by the number of investors in a company, with T-Mobile US Inc. having a total of 1,575 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 47.83 million shares worth more than $6.44 billion. As of Jun 29, 2022, Vanguard Group, Inc. (The) held 3.81% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 41.9 million shares as of Jun 29, 2022. The firm’s total holdings are worth over $5.64 billion and represent 3.34% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Invesco ETF Tr-Invesco QQQ Tr, Series 1 ETF. As of Jun 29, 2022, the former fund manager holds about 1.47% shares in the company for having 18.46 million shares of worth $2.48 billion while later fund manager owns 18.41 million shares of worth $2.47 billion as of Sep 29, 2022, which makes it owner of about 1.47% of company’s outstanding stock.