T-Mobile Increases Market Share
Summary
- T-Mobile US, Inc. shows strong technical indicators with 100% buy signals, a 60.55% gain in the last year, and a Trend Seeker buy signal.
- The company offers extensive mobile communication services and devices, with significant market presence in the U.S., Puerto Rico, and the U.S. Virgin Islands.
- Fundamental factors are robust, with a market cap of $265 billion, expected revenue growth of 2.90% this year, and earnings growth of 35.40%.
- Analysts' sentiment is positive with multiple strong buy ratings and price targets up to $260, supported by consistent earnings outperformance.
The Chart of the Day belongs to the telecom service company T-Mobile (TMUS). I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on 8/1 the stock gained 21.00%.
(Click on image to enlarge)
TMUS Price vs Daily Moving Averages
T-Mobile US, Inc., together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services. In addition, the company offers services, devices, and accessories under the T-Mobile and Metro by T-Mobile brands through its owned and operated retail stores, T-Mobile app and customer care channels, and its websites. It also sells its devices to dealers and other third-party distributors for resale through independent third-party retail outlets and various third-party websites. The company was founded in 1994 and is headquartered in Bellevue, Washington. T-Mobile US, Inc. operate as a subsidiary Deutsche Telekom AG
Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.
Barchart Technical Indicators:
- 100% technical buy signals
- 66.19+ Weighted Alpha
- 60.55% gain in the last year
- Trend Seeker buy signal
- .51 - 60 month Beta
- Above its 20, 50 and 100 day moving averages
- 15 new highs and up 11.34% in the last month
- Relative Strength Index 66.43%
- Technical support level at $222.88
- Recently traded at $226.36 with 50 day moving average of $206.08
Fundamental Factors:
- Market Cap $265 billion
- P/E 29.27
- Dividend yield 1.15%
- Revenue expected to grow 2.90% this year and another 4.70% next year
- Earnings are estimated to increase 35.40% this year, an additional 14.70% next year and continue to increase at a compounded annual rate of 20.30% for the next 5 years
Analysts and Investor Sentiment -- I don't buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it's hard to make money swimming against the tide:
- Wall Street analyst gave 16 strong buy, 3 buy, 3 hold and 1 sell opinion on the stock
- Analysts' price targets are between $143 and $260
- Value Line rates the stock its above average rating of 2 with a price target of $238 and comments:"The company has beaten the consensus estimate in 17 out of the past 18 quarters, and we expect this trend to continue."
- CFRAs MarketScope rates the stock a 5 star strong buy with a price target of $250
- MorningStar gives the stock its below average rating of 2 with a fair value of $195 or 16% over valued but comments:" T-Mobile added 865,000 net postpaid phone customers during the third quarter, easily besting AT&T and Verizon and leaving this core customer base 4% larger than a year ago."
- 73,870 investors monitor the stock on Seeking Alpha
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Disclaimer: The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are ...
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