Mobile reports rise in quarterly profit and revenue

Apr 28, 2017, 01:03
Mobile reports rise in quarterly profit and revenue

T-Mobile US, Inc. (TMUS) now has P/E (Price to Earnings) ratio of 35.2 while the company's industry has 52.07 P/E and the sector P/E is 24.72. However, CFRA boosted its target price by $4 to $73 from $69 on the stock implying upside potentials of about ten percent from the current levels.

Several other research firms have also recently weighed in on TMUS.

The current Stock Price for T-Mobile US, Inc.

T-Mobile also announced they will be opening 3,000 more retail stores this year.

T-Mobile US, Inc. (TMUS) surprised the stock market in its last reported earnings when it earned $0.48 a piece versus the consensus-estimated $0.35. T-Mobile US has a 1-year low of $38.47 and a 1-year high of $67.76.

03/08/2017 - T-Mobile US, Inc. was upgraded to "buy" by analysts at CFRA Research. Stock has got OUTPERFORM rating from 12 analysts of Thomson Reuters, 7 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating. The lowest price the stock reached in the last trading day was $43.92 and compares with the $23.11 52-week low. (NASDAQ:TMUS) stock may see increased volatility following the report. T-Mobile has done this through offering lower prices and improving its network. The company has a market cap of $53.48 billion and P/E ratio of 39.01. Tracking most recent quarter period, Price to book (P/B) ration is at 2.98 and Price to cash per share ration is at 9.96.

BlackBerry KeyOne: QWERTY-toting Android arrives in Blighty
Each key can be assigned to a different shortcut and a fingerprint scanner is integrated into the space bar. Despite being the ancestral home of BlackBerry, the device will launch there later in May.

UK police arrest man with knives on suspicion of terrorism
A man has reportedly been arrested by London police after being found in possession of weapons near the British Parliament. London's Metropolitan Police said the man in his late 20s was arrested Thursday "as part of an ongoing operation".

Cards' Wainwright has HR, 4 RBIs in first win of season
At 35 years old, Wainwright has the zest of a little leaguer and is wise enough to know that poor season starts can be overcome. Louis Cardinals and now have a pitcher on the hill in Lynn who has had the Brewers number over the course of his career.

No choice appears to be the right choice for T-Mobile customers. I have no business relationship with any company whose stock is mentioned in this article.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Monday, April 24th. Acadian Asset Management LLC now owns 199,581 shares of the Wireless communications provider's stock worth $9,324,000 after buying an additional 197,393 shares during the last quarter. And T-Mobile did not provide a forward looking statement on Net income, which is normal for T-Mobile. In contrast to the year ago quarter EPS was at 0.49. Past year T-Mobile posted adjusted Ebitda of US$10.4 billion. While it was slower growth compared to a year earlier when 1.04 million post-paid subscribers had been added, it was still better than what analysts had projected - 847,000 net additions.

WARNING: This piece of content was first posted by [[site]] and is owned by of [[site]]. If you are reading this news story on another publication, it was copied illegally and republished in violation of worldwide trademark & copyright legislation. The legal version of this piece of content can be viewed at [[permalink]].

On 8/8/2016 J Braxton Carter II, CFO, sold 50,000 with an average share price of $47.95 per share and the total transaction amounting to $2,397,500.00. Analyst's mean target price for EBAY is $34.91 while analysts mean recommendation is 2.50. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.30% of the company's stock.

Earnings for Q1 were in line with expectations at 74 cents per share. Argus reiterated a "buy" rating on shares of T-Mobile US in a research report on Wednesday, January 11th.

YOU MIGHT ALSO LIKE
  • National Prescription Drug Take-Back Day set for April 29

    In 12 previous Take Back events, the DEA and its Northern California partners accepted almost 350,000 pounds of unused medication. Since the program began in 2010, more than 50 tons of unwanted medications have been collected and destroyed in Kansas alone.

    Kia Motors, AP govt to sign MoU for $2-bn facility

    Kia is also stressing on differentiating itself from its owner company - Hyundai, in the Indian market. The company's vehicle sales in overseas markets were hit hard as demand in China tumbled 35.6 percent.
    Global finance leaders grapple with globalization fears

    Global finance leaders grapple with globalization fears

    An IMF communique released on Saturday said officials "are working to strengthen the contribution of trade to our economies". The comments came a day after Trump ordered the U.S.
  • Former Ga governor could become Secretary of Agriculture soon

    Former Ga governor could become Secretary of Agriculture soon

    It also fills a gap that troubled some crop and livestock producers across US farm states, which heavily factored into Mr. Yet, year-after-year, they produce the safest, most abundant, and affordable food and fiber supply in the world.
    Greece, creditors to resume talks in Athens, seek swift deal

    Greece, creditors to resume talks in Athens, seek swift deal

    Greece has to reach a primary surplus of 1.75% in 2017 and 3.5% in 2018 and maintain it at that level in the medium term. Greece and its creditors agreed a third, 86-billion-euros bailout deal in July 2015.
    Theresa May Refuses To Rule Out Tax Rises After General Election

    Theresa May Refuses To Rule Out Tax Rises After General Election

    The "triple lock" guarantees the state pension increases each year by inflation, average earnings or 2.5% - whichever is highest.
  • Microsoft's Office 365, Cloud Businesses Power Earnings

    Microsoft's Office 365, Cloud Businesses Power Earnings

    Windows commercial products and cloud services were up by 6% (6% CC), following similar growth last quarter. Microsoft isn't saying much about its mobile plans, but its phone revenue dipped $730 million this quarter.
    Critics say Pa. bill would defund Planned Parenthood

    Critics say Pa. bill would defund Planned Parenthood

    Passage of Eichelberger's bill, it must be noted, is no sure thing in the face of a promised vote from Gov. Exceptions are made for pregnancies due to rape or incest and cases that endanger the woman's life.
    Amid Oppisition protest, Kerala Minister MM Mani says 'didn't insult women'

    Amid Oppisition protest, Kerala Minister MM Mani says 'didn't insult women'

    Mani, who is known for making controversial remarks, also said the official should be "banished to Oolampara", a mental asylum here.
  • PYPL) delivered strong first quarter results — Paypal Holdings Inc(NASDAQ

    PYPL) delivered strong first quarter results — Paypal Holdings Inc(NASDAQ

    You can get a sense of how sustainable that is by a levered free cash flow of $2.49 Billion over the past twelve months. On a daily basis over the past month, the average true range of the stock, as expressed in percentage terms, is 1.4%.
    Texas House advances 'sanctuary cities' bill

    Texas House advances 'sanctuary cities' bill

    Governor Greg Abbott will nearly certainly sign the legislation, after designating SB 4 an emergency item earlier this session. In light of that entire context, how are we supposed to swallow this? "All I'm asking is for some understanding", Bernal said.

    Globally topping 10K chargers, Tesla supercharger network to expand double in 2017

    It further added that many sites will soon enter construction to open in advance of the summer travel season. California, a key market for Tesla , will get more than 1,000 new superchargers this year.
popular