23 Apr

T-Mobile: Most Analysts Recommend a ‘Buy’

WRITTEN BY Ambrish Shah

Stock returns

T-Mobile (TMUS) has generated returns of 16.9% in the trailing 12-month period and 2.5% in the trailing one-month period. T-Mobile’s share price has increased 0.01% in the last five trading days. In comparison, Sprint (S), AT&T (T), and Verizon (VZ) have generated returns of -2.0%, -7.5%, and 21.9%, respectively, in the trailing 12-month period.

T-Mobile: Most Analysts Recommend a ‘Buy’

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Ratings and target price

Among the 22 analysts tracking T-Mobile, 19 recommended a “buy,” while three recommended a “hold.” None of the analysts recommended a “sell.” Analysts’ 12-month average target price for T-Mobile is $81, while the median estimate is $80. T-Mobile stock is trading at a discount of 8.5% to analysts’ median estimate.

What do the technical indicators say?

Recently, T-Mobile stock rose above its 20-day moving average, which suggests a bullish sentiment in the company. On April 22, T-Mobile stock closed the trading day at $73.72. Based on this figure, the stock was trading 2.8% above its 20-day moving average of $71.73, 2.8% above its 50-day moving average of $71.73, and 6.6% above its 100-day moving average of $69.18.

MACD and RSI

On April 22, T-Mobile’s 14-day MACD (moving average convergence divergence) was 1.28. A stock’s MACD marks the difference between its short-term and long-term moving averages. T-Mobile’s positive MACD score denotes an upward trading trend.

T-Mobile has a 14-day RSI (relative strength index) score of 59, which shows that its stock is trading right between the overbought and oversold territory. An RSI score of more than 70 indicates that a stock is overbought, while an RSI score of lower than 30 indicates that a stock is oversold.

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