T-Mobile US (TMUS, $130.95) beats Q1 earnings expectations; boost forecast on customer number
T-Mobile US reported first quarter earnings that surpassed expectations. The wireless solutions company also raised its forecast for net additions over the full year.
The company’s diluted earnings for the three months ending in March fell -23% from the year-ago quarter to 57 cents per share, but well ahead of the Street consensus forecast of 33 cents per share.
Revenues rose +1.8% to $20.12 billion. Net customer additions was 1.3 million, the best quarterly gain in eight years, including 589,000 post-paid additions.
For 2022 financial year, T-Mobile expects net customer additions of between 5.3 million and 5.8 million, up from a prior projection of 5 to 5.5 million.
TMUS in upward trend: price may ascend as a result of having broken its lower Bollinger Band on April 29, 2022
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 24 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 62%.
Current price $132.74 crossed the support line at $115.67 and is trading between $206.36 resistance and $115.67 support lines. Throughout the month of 04/26/22 - 05/26/22, the price experienced a +6% Uptrend. During the week of 05/19/22 - 05/26/22, the stock enjoyed a +5% Uptrend growth.
The Momentum Indicator moved above the 0 level on May 23, 2022. You may want to consider a long position or call options on TMUS as a result. In 63 of 107 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 59%.
The Moving Average Convergence Divergence (MACD) for TMUS just turned positive on May 20, 2022. Looking at past instances where TMUS's MACD turned positive, the stock continued to rise in 30 of 54 cases over the following month. The odds of a continued upward trend are 56%.
TMUS moved above its 50-day Moving Average on May 23, 2022 date and that indicates a change from a downward trend to an upward trend.
Following a +2.72% 3-day Advance, the price is estimated to grow further. Considering data from situations where TMUS advanced for three days, in 188 of 321 cases, the price rose further within the following month. The odds of a continued upward trend are 59%.
The Stochastic Indicator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 10-day Moving Average for TMUS crossed bearishly below the 50-day moving average on May 09, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In 9 of 19 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 47%.
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 50 of 62 cases within the following month. The odds of a continued downward trend are 54%.
The Aroon Indicator for TMUS entered a downward trend on May 18, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 78%. During the last month, the daily ratio of advancing to declining volumes was 1.99 to 1.
The Tickeron Profit vs. Risk Rating rating for this company is 15 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 79, placing this stock better than average.
The Tickeron PE Growth Rating for this company is 23 (best 1 - 100 worst), pointing to outstanding 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 Seasonality Score of 37 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is 40 (best 1 - 100 worst), indicating steady price growth. TMUS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 43 (best 1 - 100 worst), indicating slightly weaker than average sales and a marginally profitable 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 Tickeron Valuation Rating of 85 (best 1 - 100 worst) indicates that the company is significantly 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 (2.378) is normal, around the industry mean (4.022). P/E Ratio (59.172) is within average values for comparable stocks, (153.557). Projected Growth (PEG Ratio) (1.225) is also within normal values, averaging (4.904). Dividend Yield (0.000) settles around the average of (0.054) among similar stocks. P/S Ratio (2.071) is also within normal values, averaging (7.203).
Wireless Telecom includes companies that sell wireless antenna or satellite-based communication services. This is the fastest-growing area in communications, as more and more communication and computing happen on mobile devices and cloud-based platforms. Wireless telecom is a key industry for global connectivity, and has even further room for growth in emerging markets and in rural parts of developed nations. People’s growing need for speed in data connectivity, higher resolution, and smoother video streaming and multimedia applications should drive growth and competition within this segment. T-Mobile US, Inc., Vodafone Group, and Sprint Corporation are some major providers of wireless telecom.
The average market capitalization across the Wireless Telecommunications Industry is 15B. The market cap for tickers in the group ranges from 9.7K to 12.6T. LNETF holds the highest valuation in this group at 12.6T. The lowest valued company is IGLDF at 9.7K.
The average weekly price growth across all stocks in the Wireless Telecommunications Industry was 0.68%. For the same Industry, the average monthly price growth was -2.86%, and the average quarterly price growth was -7.3%. WOWI experienced the highest price growth at 53.85%, while SGRB experienced the biggest fall at -46.15%.
- 5/12/22 5:38 AM: T-Mobile US (TMUS, $123.28) was a top loser this week, declining -6.87%. Expect a Downtrend reversal
- 4/27/22 5:34 AM: T-Mobile US (TMUS, $124.96) was a top loser this week, declining -5.93%
- 3/16/22 5:12 AM: T-Mobile US (TMUS, $126.28) was a top weekly gainer, with a +5.87% jump
The average weekly volume growth across all stocks in the Wireless Telecommunications Industry was -16.68%. For the same stocks of the Industry, the average monthly volume growth was -29.22% and the average quarterly volume growth was 44.4%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Positive Outlook today, backed by the BollingerBands Indicator. Tickeron has a positive outlook on this group and predicts a further increase by more than 4.00% within the next month with a likelihood of 37%. During the last month, the daily ratio of advancing to declining volumes was 1.55 to 1.
51 stocks in the group of tickers confirmed the positive outlook based on the RSI indicator with average odds of 67%.
The most notable companies in this group are Verizon Communications (NYSE:VZ), AT&T (NYSE:T), Lumen Technologies (NYSE:LUMN).
The average market capitalization across the group is 15.8B. The market cap for tickers in the group ranges from 0 to 214.1B. VZ holds the highest valuation in this group at 214.1B. The lowest valued company is LBRDP at 0.
The average weekly price growth across all stocks in the group was 1.66%. For the same group, the average monthly price growth was 0.89%, and the average quarterly price growth was -6.2%. GZIC experienced the highest price growth at 63.64%, while COMSP experienced the biggest fall at -55.92%.
- 5/25/22 7:32 AM: Nuvera Communications (NUVR, $19.7) was a top loser this week, declining -8.37%
- 5/25/22 7:32 AM: Vodafone Group (VODPF, $1.63) was a top weekly gainer, with a +5.38% jump
- 5/25/22 7:32 AM: iQSTEL (IQST, $0.45) was a top weekly gainer, with a +8.43% jump
The average weekly volume growth across all stocks in the group was 401.86%. For the same stocks of the group, the average monthly volume growth was 3549.27% and the average quarterly volume growth was 663.63%
- 5/13/22 4:50 AM: The volume for Radius Global Infrastructure stock increased for four consecutive days, resulting in a record-breaking daily growth of 89% of the 65-Day Volume Moving Average
- 5/11/22 7:39 AM: The volume for ComSovereign Holding stock increased for one day, resulting in a record-breaking daily growth of 231% of the 65-Day Volume Moving Average
- 5/11/22 7:39 AM: The volume for Liberty Broadband stock increased for four consecutive days, resulting in a record-breaking daily growth of 129% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows