The T-Mobile US Inc. (TMUS) shares are trading at higher $106.14 and the avg recommendation for the stock is Moderate Buy. while the current analyst price target stands at $114.99.
To add more color to this target, the company’s high over the last year is $111.58 and the low is $63.50. Over the last 52 weeks, TMUS is down -4.88% while the S&P 500 is up 0.81%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, TMUS reported a profit of $6.95 billion. T-Mobile US Inc. also saw revenues increase to $11.11 billion. In addition, TMUS has free cash flow of -$136.0 million as of 03-2020. The company’s EBITDA came in at $3.26 billion which compares well with its peers.
TMUS booked profit margins of 7.80%, its Return on Equity (ROE) is 12.50%, and its Return on Assets is 4.10%. All told, it is clear that, TMUS needs to be on your watchlist.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. TMUS has a short ratio of 2.98 and outstanding shares of 858.15M.
TMUS has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 5.25 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at 4.07. T-Mobile US Inc. TMUS also noted assets of $87.23 billion at the end of the last quarter. Investors should also keep an eye on sector updates as TMUS has historically followed its peers on positive news.
All told, T-Mobile US Inc. TMUS has strung together solid data and demonstrated underlying fundamentals. At its current valuation, TMUS represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
T-Mobile US Inc. TMUS is now commanding a market cap of 130.41B and a float of 592.15M. TMUS is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of TMUS stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in TMUS, either long or short, and we have not been compensated for this article.