T-Mobile US Inc (TMUS) Reports -4.53% Fall From For 52 Week High, It’s Always Darkest Before The Dawn

T-Mobile US Inc (NASDAQ:TMUS) does about 4.58M shares in volume on a normal day but saw 3358979 shares change hands in Tuesday trading. The company now has a market cap of 191.09B USD. Its current market price is $161.00, marking an increase of 0.06% compared to the previous close of $160.90. The 52 week high reached by this stock is $168.64 whilst the lowest price level in 52 weeks is $124.92.

T-Mobile US Inc (TMUS) has a 20-day trading average at $161.86 and the current price is -4.53% off the 52-week high compared with 28.88% distance from its 52-week low. The 50-day simple moving average of the closing price is $162.49 and its 200-day simple moving average is $149.63. If we look at the stock’s price movements over the week, volatility stands at 1.34%, which decreases to 1.17% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 44.01 to suggest the stock is neutral.

The consensus objective for the share price is $187.60, suggesting that the stock has a potential upside of 14.18% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on June 08, 2023 when Wolfe Research upgraded the stock to “Outperform” and issued a price target of $160. MoffettNathanson downgraded the stock to “Market Perform” from Outperform on February 06, 2023 at a price target of $174.

T-Mobile US Inc (TMUS) stock is down -0.67% over the week and -1.82% over the past month. Its price is 0.42% year-to-date and 7.61% over the past year.

The stock last released its quarterly earnings report for quarter ended 12/30/2023, with the company’s earnings per share (EPS) of $1.67 below consensus estimates by -$0.23. TMUS’s earnings per share are forecast to grow by 28.10% this year and 24.40% over next year. Expected sales for next quarter are $19.73 billion, which analysts say will come at $80.52 billion for the current fiscal year and next year at $83.4 billion. In addition, estimates put the company’s current quarterly revenue at an average of $19.84 billion.

To reach the target analysts have set, the stock logically needs to grow 14.18 percent from here.

Outstanding shares total 1.20B with insiders holding 58.66% of the shares and institutional holders owning 39.87% of the company’s common stock. The company has a return on investment of 4.91% and return on equity of 12.38%. The price to earnings ratio (P/E ratio) amounts to 23.21 while the forward price to earnings ratio is 14.44. The beta has a value of 0.48. Price to book ratio is 2.97 and price to sales ratio is 2.43.