Summary: T-Mobile US, Inc. (TMUS) presents strong technical indicators, including 100% buy signals, a 60.55% gain in the past year, and a Trend Seeker buy signal. The company offers extensive mobile communication services and devices, having 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, featuring 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 utilizing Barchart’s powerful screening functions to identify stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum, and having a Trend Seeker buy signal. Then, I used the Flipchart feature to review the charts for consistent price appreciation.
Since the Trend Seeker signaled a buy on 8/1, the stock of T-Mobile US, Inc. gained 21.00%. T-Mobile US, Inc., along with its subsidiaries, offers mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company provides voice, messaging, and data services to customers in postpaid, prepaid, and wholesale and other services. It also supplies wireless devices such as smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories. Additionally, it offers financing through equipment installment plans, reinsurance for device insurance policies and extended warranty contracts, leasing through JUMP! On Demand, and High Speed Internet services. Moreover, the company provides services, devices, and accessories under the T-Mobile and Metro by T-Mobile brands via its owned and operated retail stores, T-Mobile app and customer care channels, and its websites.
T-Mobile US, Inc., a subsidiary of Deutsche Telekom AG, was founded in 1994 and is headquartered in Bellevue, Washington. It sells its devices to dealers and other third-party distributors for resale through independent third-party retail outlets and various third-party websites. 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 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.
T-Mobile has increased its market share. In the last month, it stands at 34%. The Relative Strength Index is 66.43%. Technical support level is at $222.88. Recently, it traded at $226.36 with a 50-day moving average of $206.08.
Fundamental Factors: Market Cap is $265 billion. P/E is 29.27. Dividend yield is 1.15%. Revenue is 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: 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.” 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.CFRA’s 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% overvalued. But it 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. Additional disclosure: 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 extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio, it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance and reevaluate your stop losses at least on a weekly basis.
