Shifts in Stock Performance
T-Mobile (TMUS) concluded the most recent trading day at $161.10, marking a -0.01% change from the prior day’s close. This movement, though slight, stood out against the S&P 500’s 0.28% daily decline. In comparison, the Dow experienced a 0.08% slip, with the Nasdaq, heavily tech-oriented, witnessing a 0.42% dip.
Looking back, the wireless carrier’s shares had dwindled by 1.71% in the past month. This lagged behind the 3.64% growth in the Computer and Technology sector and the S&P 500’s 2.67% increase during the same period.
Insights into Earnings Predictions
Investors are eagerly anticipating T-Mobile’s upcoming earnings release. Projections suggest an EPS of $1.95, reflecting a robust 23.42% surge from the corresponding quarter last year. Additionally, the consensus estimate hints at a revenue of $19.8 billion, up 0.87% from the previous year.
For the whole fiscal year, Zacks Consensus Estimates indicate earnings of $9.02 per share and revenue of $80.13 billion. These figures represent significant changes of +30.16% and +2%, respectively, compared to the prior year.
Analyst Forecast Revisions and Stock Outlook
Investors are advised to monitor recent modifications to analyst predictions for T-Mobile. These revisions often mirror the evolving short-term business landscape. Positive adjustments in estimates signal analyst confidence in the company’s prospects and profitability.
According to our analysis, these estimate alterations directly impact near-term stock prices. Leveraging this insight, we have developed the Zacks Rank – a model that integrates estimate changes to offer a functional rating system.
The Zacks Rank, ranging from #1 (Strong Buy) to #5 (Strong Sell), boasts a stellar track record of outperformance. #1 ranked stocks have historically yielded an average annual return of +25% dating back to 1988. Recent data indicates a 0.72% decrease in the Zacks Consensus EPS estimate, placing T-Mobile at a Zacks Rank #3 (Hold).
Valuation and Industry Comparison
T-Mobile is currently trading at a Forward P/E ratio of 17.87, in line with the average for its industry. Meanwhile, the company’s PEG ratio stands at 0.65 – a metric that incorporates the anticipated earnings growth rate in addition to the P/E ratio.
Compared to Wireless National stocks with a PEG ratio of 2.57, T-Mobile’s valuation appears favorable. It’s worth noting that the Wireless National industry falls under the Computer and Technology sector, holding a Zacks Industry Rank of 156, positioning it in the bottom 39% of all industries.
Staying Informed for Strategic Investment
As discerning investors, it’s crucial to keep abreast of evolving stock metrics through platforms like Zacks.com. Understanding industry ranks, estimate shifts, and valuation dynamics can inform strategic investment decisions for the upcoming trading periods.
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T-Mobile US, Inc. (TMUS) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
