Investors Buy Large Volume of T-Mobile US Call Options (TMUS)

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Shares of T-Mobile US (NASDAQ:TMUS) were the target of unusually large options trading on Friday. Stock traders acquired 15,332 call options on the stock, Analyst Ratings News reports. This represents an increase of 122% compared to the average daily volume of 6,904 call options.

A number of research firms have recently commented on TMUS. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of T-Mobile US in a research note on Tuesday, May 6th. Separately, analysts at RBC Capital raised their price target on shares of T-Mobile US from $32.00 to $34.00 in a research note on Monday, May 5th. Finally, analysts at Cowen and Company raised their price target on shares of T-Mobile US from $42.00 to $44.00 in a research note on Friday, May 2nd. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. T-Mobile US currently has a consensus rating of “Buy” and an average price target of $33.36.

Shares of T-Mobile US (NASDAQ:TMUS) traded down 0.51% on Friday, hitting $33.09. 5,229,280 shares of the company’s stock traded hands. T-Mobile US has a 52 week low of $19.22 and a 52 week high of $34.10. The stock has a 50-day moving average of $31.25 and a 200-day moving average of $30.26. The company’s market cap is $26.569 billion.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Thursday, May 1st. The company reported ($0.19) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.10) by $0.09. The company had revenue of $6.88 billion for the quarter, compared to the consensus estimate of $6.92 billion. On average, analysts predict that T-Mobile US will post $0.21 earnings per share for the current fiscal year.

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