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.
The Moving Average Convergence Divergence (MACD) for TMUS turned positive on November 27, 2024. Looking at past instances where TMUS's MACD turned positive, the stock continued to rise in of 53 cases over the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on November 08, 2024. You may want to consider a long position or call options on TMUS as a result. In of 94 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TMUS advanced for three days, in of 356 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 288 cases where TMUS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The 10-day RSI Indicator for TMUS moved out of overbought territory on December 02, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 44 similar instances where the indicator moved out of overbought territory. In of the 44 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
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 .
TMUS broke above its upper Bollinger Band on November 26, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring 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 80, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding 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 PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent 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 strong sales and a 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 (best 1 - 100 worst) indicates that the company is fair valued 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 (2.983) is normal, around the industry mean (4.726). P/E Ratio (23.473) is within average values for comparable stocks, (113.894). Projected Growth (PEG Ratio) (0.824) is also within normal values, averaging (8.093). Dividend Yield (0.008) settles around the average of (0.059) among similar stocks. P/S Ratio (2.486) is also within normal values, averaging (13.458).
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
Industry WirelessTelecommunications