T-Mobile US posted third-quarter earnings and revenue – both of which fell short of analysts' forecast.
The wireless carrier’s earnings came in at 40 cents per share for the quarter , below the 50 cents a share expected by analysts polled by Investing.com. Revenue was $20 billion, v. analysts’ estimates of $19.36 billion.
For the full-year T-Mobil US now expects adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA, to be in $26.2 billion to $26.4 billion, higher than prior guidance of $26.0 billion to $26.3 billion. The company projects postpaid net customer additions to be between 6.2 million and 6.4 million, vs. prior forecast of 6.0 million to 6.3 million.
TMUS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 39 cases where TMUS's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where TMUS's RSI Indicator exited the oversold zone, of 20 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TMUS advanced for three days, in of 332 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Momentum Indicator moved below the 0 level on May 18, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on TMUS as a result. In of 104 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for TMUS turned negative on May 17, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 54 similar instances when the indicator turned negative. In of the 54 cases the stock turned lower in the days that followed. This puts the odds of success at .
TMUS moved below its 50-day moving average on April 28, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for TMUS crossed bearishly below the 50-day moving average on May 04, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 20 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TMUS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for TMUS entered a downward trend on May 31, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. TMUS’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.462) is normal, around the industry mean (5.742). P/E Ratio (44.643) is within average values for comparable stocks, (133.717). Projected Growth (PEG Ratio) (0.345) is also within normal values, averaging (10.093). Dividend Yield (0.000) settles around the average of (0.110) among similar stocks. P/S Ratio (2.166) is also within normal values, averaging (66.573).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of wireless voice, messaging and data services
A.I.dvisor indicates that over the last year, TMUS has been loosely correlated with T. These tickers have moved in lockstep 50% of the time. This A.I.-generated data suggests there is some statistical probability that if TMUS jumps, then T could also see price increases.
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