What Was Wall Street Analysts’ View on T-Mobile’s Performance?


Dec. 16 2015, Updated 2:05 p.m. ET

Substantial price performance of T-Mobile

In the previous part of the series, we looked at the scale of operations of T-Mobile (TMUS) and the other top US mobile players. The list included AT&T (T), Verizon (VZ), and Sprint (S). We also looked at earnings multiples of T-Mobile and some of its peers in the United States. Here, let’s look at the stock price performance of the company as of December 10, 2015.

[marketrealist-chart id=886033]

As we can see in the chart above, the price performance of T-Mobile has been significant in the past 52 weeks as of December 10, 2015. During this period, T-Mobile’s price rose by a significant 43.6%.

Meanwhile, the rise in AT&T’s stock price over the comparable period was 4.7% as of the same date. However, the 52-week returns on Verizon and Sprint were negative. Verizon’s 52-week price fell by around 0.6%. Meanwhile, the same metric for Sprint was 3.2% as of the same date.

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Analyst recommendations and target prices

Now let’s look at the expectations of Wall Street’s analysts for T-Mobile’s stock. In the current month, nine analysts gave a “strong buy” recommendation, 12 recommended a “buy,” six recommended a “hold,” and only one analyst gave T-Mobile’s stock an “underperform.”

Meanwhile, the median of target prices of Wall Street’s analysts for the stock was around $46.5 as of December 10, 2015. The range of these target prices was from $25 to $80. Please note that the median target price of the company was about 28% above the closing price of the stock as of the same date.

You may consider taking a diversified exposure to T-Mobile by investing in the PowerShares Dynamic Large Cap Growth Portfolio (PWB). The ETF had ~1.2% of its holdings in the US wireless telecom company at the end of November 2015.


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