The stock of T-Mobile US Inc (NASDAQ: TMUS) has decreased by -0.13 when compared to last closing price of 161.11. Despite this, the company has experienced a -1.09% fall in its stock price over the last five trading sessions. MarketBeat reported 2024-04-05 that High short interest is a recipe for sharp stock price movements, and when the shorts are getting squeezed, the movements can be the sharpest. The stocks on this list are not only high-short interest stocks with upward price pressure; they are among the most shorted stocks listed on Marketbeat’s platform, offer some value, have positive market sentiment, and a forecast for growth.
Is It Worth Investing in T-Mobile US Inc (NASDAQ: TMUS) Right Now?
T-Mobile US Inc (NASDAQ: TMUS) has a higher price-to-earnings ratio of 23.19x compared to its average ratio. TMUS has 36-month beta value of 0.48. Analysts have mixed views on the stock, with 16 analysts rating it as a “buy,” 7 as “overweight,” 6 as “hold,” and 1 as “sell.”
The public float for TMUS is 439.46M, and currently, short sellers hold a 5.62% ratio of that float. The average trading volume of TMUS on April 09, 2024 was 4.58M shares.
TMUS’s Market Performance
TMUS stock saw a decrease of -1.09% in the past week, with a monthly decline of -2.12% and a quarterly a decrease of -1.51%. The volatility ratio for the week is 1.30%, and the volatility levels for the last 30 days are 1.18% for T-Mobile US Inc (TMUS). The simple moving average for the last 20 days is -0.80% for TMUS stock, with a simple moving average of 7.73% for the last 200 days.
Analysts’ Opinion of TMUS
Many brokerage firms have already submitted their reports for TMUS stocks, with Wolfe Research repeating the rating for TMUS by listing it as a “Outperform.” The predicted price for TMUS in the upcoming period, according to Wolfe Research is $160 based on the research report published on June 08, 2023 of the previous year 2023.
MoffettNathanson, on the other hand, stated in their research note that they expect to see TMUS reach a price target of $174. The rating they have provided for TMUS stocks is “Market Perform” according to the report published on February 06th, 2023.
TMUS Trading at -1.02% from the 50-Day Moving Average
After a stumble in the market that brought TMUS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.59% of loss for the given period.
Volatility was left at 1.18%, however, over the last 30 days, the volatility rate increased by 1.30%, as shares sank -1.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.02% lower at present.
During the last 5 trading sessions, TMUS fell by -1.09%, which changed the moving average for the period of 200-days by +21.27% in comparison to the 20-day moving average, which settled at $162.04. In addition, T-Mobile US Inc saw 0.36% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TMUS starting from DEUTSCHE TELEKOM AG, who sale 189,670 shares at the price of $162.67 back on Apr 04 ’24. After this action, DEUTSCHE TELEKOM AG now owns 681,047,126 shares of T-Mobile US Inc, valued at $30,853,121 using the latest closing price.
DEUTSCHE TELEKOM AG, the Director of T-Mobile US Inc, sale 189,670 shares at $162.49 during a trade that took place back on Apr 03 ’24, which means that DEUTSCHE TELEKOM AG is holding 681,236,796 shares at $30,820,215 based on the most recent closing price.
Stock Fundamentals for TMUS
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.62 for the gross margin
The net margin for T-Mobile US Inc stands at 0.11. The total capital return value is set at 0.08. Equity return is now at value 12.38, with 3.61 for asset returns.
Based on T-Mobile US Inc (TMUS), the company’s capital structure generated 0.64 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 1.75. The interest coverage ratio of the stock is 4.28.
Currently, EBITDA for the company is 13.96 billion with net debt to EBITDA at 3.98. When we switch over and look at the enterprise to sales, we see a ratio of 3.81. The receivables turnover for the company is 8.59for trailing twelve months and the total asset turnover is 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.91.
Conclusion
To put it simply, T-Mobile US Inc (TMUS) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
