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T-Mobile US Inc (TMUS) Is Up 3.47% in 2024 With Lots of Room to Run

T-Mobile US Inc (NASDAQ: TMUS) is 3.47% higher on its value in year-to-date trading and has touched a low of $124.92 and a high of $165.95 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TMUS stock was last observed hovering at around $163.34 in the last trading session, with the day’s gains setting it 2.56%.

Currently trading at $165.90, the stock is 2.06% and 2.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.73 million and changing 1.57% at the moment leaves the stock 13.56% off its SMA200. TMUS registered 16.91% gain for a year compared to 6-month gain of 20.80%. The firm has a 50-day simple moving average (SMA 50) of $3.88 and a 200-day simple moving average (SMA200) of $11.23.

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The stock witnessed a 2.55% loss in the last 1 month and extending the period to 3 months gives it a 8.97%, and is 0.78% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.21% over the week and 1.16% over the month.

T-Mobile US Inc (TMUS) has around 67000 employees, a market worth around $196.90B and $78.56B in sales. Current P/E ratio is 23.91 and Fwd P/E is 14.44. Profit margin for the company is 10.59%. Distance from 52-week low is 32.81% and -0.03% from its 52-week high. The company has generated returns on investments over the last 12 months (4.91%).

T-Mobile US Inc quarterly earnings per share for the current quarter are estimated at $1.95 with sales reaching $20.03B over the same period.The EPS is expected to grow by 31.52% this year, but quarterly earnings will post 2.80% year-over-year. Quarterly sales are estimated to grow 1.10% in year-over-year returns.

T-Mobile US Inc (TMUS) Top Institutional Holders

1,791 institutions hold shares in T-Mobile US Inc (TMUS), with institutional investors hold 97.35% of the company’s shares. The shares outstanding are 1.20B, and float is at 474.66M with Short Float at 5.71%. Institutions hold 39.85% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 48.21 million shares valued at $6.7 billion. The investor’s holdings represent 4.10% of the TMUS Shares outstanding. As of Jun 29, 2023, the second largest holder is Softbank Group Corporation with 43.34 million shares valued at $6.02 billion to account for 3.68% of the shares outstanding. The other top investors are Blackrock Inc. which holds 39.47 million shares representing 3.35% and valued at over $5.48 billion, while Price (T.Rowe) Associates Inc holds 3.16% of the shares totaling 37.2 million with a market value of $5.17 billion.

T-Mobile US Inc (TMUS) Insider Activity

A total of 7 insider transactions have happened at T-Mobile US Inc (TMUS) in the last six months, with sales accounting for 7 and purchases happening 0 times. The most recent transaction is an insider sale by DEUTSCHE TELEKOM AG,the company’sDirector. SEC filings show that DEUTSCHE TELEKOM AG sold 194,910 shares of the company’s common stock on Mar 05 at a price of $165.66 per share for a total of $32.29 million. Following the sale, the insider now owns 685.06 million shares.

T-Mobile US Inc disclosed in a document filed with the SEC on Mar 04 that DEUTSCHE TELEKOM AG (Director) sold a total of 194,910 shares of the company’s common stock. The trade occurred on Mar 04 and was made at $163.23 per share for $31.82 million. Following the transaction, the insider now directly holds 685.25 million shares of the TMUS stock.

Still, SEC filings show that on Mar 01, DEUTSCHE TELEKOM AG (Director) disposed off 194,910 shares at an average price of $163.17 for $31.8 million. The insider now directly holds 685,447,901 shares of T-Mobile US Inc (TMUS).

T-Mobile US Inc (TMUS): Who are the competitors?

The company’s main competitors (and peers) include Verizon Communications Inc. (VZ) that is trading 7.51% up over the past 12 months. AT&T Inc. (T) that is -8.23% lower over the same period.

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