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T-Mobile: Analysts’ Recommendations before Its Q1 Results

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Ratings and target price

According to data compiled by Reuters, as of April 8, among the 22 analysts tracking T-Mobile (TMUS) stock, 19 recommended a “buy,” while three recommended a “hold.” None of the analysts recommended a “sell.”

According to analysts’ consensus, T-Mobile’s mean target price was $81.00 per share on April 8, which implies an upside potential of ~13.7% over the next 12 months from its current market price of $71.23 per share. The median target price was $80.00 on April 8.

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T-Mobile has generated returns of 19.4% in the trailing 12-month period and 0.8% in the trailing one-month period. T-Mobile’s share price has increased 1.8% in the last five trading days. In comparison, Sprint (S), AT&T (T), and Verizon (VZ) have generated returns of 2.7%, 1.4%, and 0.1%, respectively, in the last five trading days.

Bollinger Band

In the trading session on April 8, T-Mobile stock closed at $71.23, which is near its Bollinger Band mid-range level of $71.44. The level suggests that T-Mobile stock isn’t oversold or overbought.

Analysts’ estimates

Analysts expect T-Mobile to report ~5.0% revenue growth to $45.5 billion in 2019—compared to $43.3 billion in 2018. The company’s adjusted EPS is expected to be $3.86 in 2019—compared to $3.36 in 2018.

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