In last trading session, T-Mobile US Inc (NASDAQ:TMUS) saw 3.55 million shares changing hands with its beta currently measuring 0.49. Company’s recent per share price level of $160.61 trading at -$0.32 or -0.20% at ring of the bell on the day assigns it a market valuation of $190.62B. That closing price of TMUS’s stock is at a discount of -5.0% from its 52-week high price of $168.64 and is indicating a premium of 22.22% from its 52-week low price of $124.92. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.6 million shares which gives us an average trading volume of 4.61 million if we extend that period to 3-months.
T-Mobile US Inc (NASDAQ:TMUS) trade information
Upright in the red during last session for losing -0.20%, in the last five days TMUS remained trading in the red while hitting it’s week-highest on Monday, 03/18/24 when the stock touched $160.61 price level, adding 0.87% to its value on the day. T-Mobile US Inc’s shares saw a change of 0.17% in year-to-date performance and have moved -0.74% in past 5-day. T-Mobile US Inc (NASDAQ:TMUS) showed a performance of -1.80% in past 30-days. Number of shares sold short was 26.88 million shares which calculate 6.16 days to cover the short interests.
T-Mobile US Inc (TMUS) estimates and forecasts
Statistics highlight that T-Mobile US Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 14.73% of value to its shares in past 6 months, showing an annual growth rate of 30.59% while that of industry is 13.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to increase by 20.90% in the current quarter and calculating 22.00% increase in the next quarter. This year revenue growth is estimated to rise 2.60% from the last financial year’s standing.
16 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $19.9 billion for the same. And 15 analysts are in estimates of company making revenue of $19.72 billion in the next quarter that will end on Jun 2024. Company posted $19.81 billion and $19.2 billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 0.40% while estimating it to be 2.70% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 15.59% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 30.77% while estimates for its earnings growth in next 5 years are of 26.91%.
TMUS Dividends
T-Mobile US Inc is more likely to be releasing its next quarterly report between April 25 and April 29 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
T-Mobile US Inc (NASDAQ:TMUS)’s Major holders
Insiders are in possession of 58.84% of company’s total shares while institution are holding 39.86 percent of that, with stock having share float percentage of 96.83%. Investors also watch the number of corporate investors in a company very closely, which is 39.86% institutions for T-Mobile US Inc that are currently holding shares of the company. Vanguard Group Inc is the top institutional holder at TMUS for having 48.21 million shares of worth $6.7 billion. And as of Jun 29, 2023, it was holding 4.10% of the company’s outstanding shares.
The second largest institutional holder is Softbank Group Corporation, which was holding about 43.34 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 3.68% of outstanding shares, having a total worth of $6.02 billion.
On the other hand, Invesco ETF Tr-Invesco QQQ Tr, Series 1 ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Aug 30, 2023, the former fund manager was holding 20.34 million shares of worth $2.77 billion or 1.73% of the total outstanding shares. The later fund manager was in possession of 18.71 million shares on Jun 29, 2023, making its stake of worth around $2.6 billion in the company or a holder of 1.59% of company’s stock.
