Today, it announced it is buying Ryan Reynolds' Mint Mobile as well as parent Ultra Mobile, two value-oriented wireless plays. A great deal.
They used to be marginal players in the wireless industry. Then, bold management, a customer-friendly ethos, great branding and the Spring merger, TMUS has become a heavy hitter. Since end-2019, TMUS has gained 83% while Verizon lost 7% and AT&T fell 25%. The difference is execution. All the carriers are rushing to build their 5G networks while T-Mobil already leads in 5G build. TMUS boasted 1.4 million net subscription additions in Q1 when the street expected under 1 million.
An essential 5G play The CEO has made this best in class. The Sprint merger put them on near-equal footing with ATT and Verizon. The new CEO has laid the groundwork for 5G to give TMUS the most widely available 5G network, though Verizon is the fastest. TMUS' 5G range now covers 280 million people. This week they announced huge deals with Nokia and Ericsson to expand that network. It's pulled back from highs for no reason.
T-Mobile US is a American stock, trading under the symbol TMUS-Q on the NASDAQ (TMUS). It is usually referred to as NASDAQ:TMUS or TMUS-Q
In the last year, 5 stock analysts published opinions about TMUS-Q. 5 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for T-Mobile US.
T-Mobile US was recommended as a Top Pick by on . Read the latest stock experts ratings for T-Mobile US.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
5 stock analysts on Stockchase covered T-Mobile US In the last year. It is a trending stock that is worth watching.
On 2023-12-01, T-Mobile US (TMUS-Q) stock closed at a price of $152.22.
TMUS is reasonably priced at 19X earnings. Growth looks good; EPS has gone from 99c in 2015 to an expected $10.02 next year. 2024 growth vs 2023 is expected at more than 40%. 2025 growth will not be that high but should still be quite decent. Debt is fairly high but cash flow is secure and growing. Certainly we would prefer it over the larger, slow growth incumbents in the sector. There is no dividend, however, as it focuses on growth. But we would be comfortable owning it.
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