Estimating Price Trends For T-Mobile US Inc (NASDAQ: TMUS)

T-Mobile US Inc (NASDAQ:TMUS) does about 4.64M shares in volume on a normal day but saw 5987754 shares change hands in Friday’s trading. The company now has a market cap of 210.72B USD. Its current market price is $179.82, marking an increase of 0.03% compared to the previous close of $179.77. The 52 week high reached by this stock is $182.67 whilst the lowest price level in 52 weeks is $126.05.

T-Mobile US Inc (TMUS) has a 20-day trading average at $168.88 and the current price is -1.56% off the 52-week high compared with 42.66% distance from its 52-week low. The 50-day simple moving average of the closing price is $165.02 and its 200-day simple moving average is $155.40. If we look at the stock’s price movements over the week, volatility stands at 2.36%, which decreases to 1.55% 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 80.01 to suggest the stock is overbought.

The consensus objective for the share price is $186.65, suggesting that the stock has a potential upside of 3.66% 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 up 2.78% over the week and 10.43% over the past month. Its price is 12.16% year-to-date and 42.09% over the past year.

To reach the target analysts have set, the stock logically needs to grow 3.66 percent from here.

The company has a return on investment of 5.22% and return on equity of 13.57%. The price to earnings ratio (P/E ratio) amounts to 24.47 while the forward price to earnings ratio is 16.00. The beta has a value of 0.51. Price to book ratio is 3.41 and price to sales ratio is 2.68.