Tag: t-mobile earnings

Currently, T-Mobile (TMUS) stock is trading at 19.75x analysts' fiscal 2019 EPS estimate of $4.01, and 16.50x their fiscal 2020 estimate of $4.80.

T-Mobile (TMUS) and Sprint (S) are looking to initiate settlement discussions with a group of state attorneys general. About 16 states are suing.

Earlier today, the FCC officially recommended the approval of the $26.5 billion proposed merger between T-Mobile (TMUS) and Sprint (S).

On Monday, Oregon Attorney General Ellen Rosenblum joined the lawsuit opposing the T-Mobile and Sprint merger. On Monday, T-Mobile closed at $76.94.

Does T-Mobile stock (TMUS) still have upside potential after gaining more than 21% this year? We think the stock looks expensive right now.

According to Keith Snyder, the T-Mobile and Sprint merger has a 50% chance of going through due to the new hearing date and Texas joining the lawsuit.

This week, Raymond James and RBC raised their target prices for T-Mobile stock from $86 to $94 and $80 to $87, respectively.

The DOJ officially approved the T-Mobile–Sprint merger deal. However, it won’t be easy for T-Mobile (TMUS) and Sprint (S) to merge their businesses.

Last week, T-Mobile (TMUS) reported strong second-quarter financial results.

Today brought a big update for the T-Mobile–Sprint merger. T-Mobile received approval from the DOJ to acquire Sprint, but it still faces challenges.