T-Mobile stock: buy or sell
Updated on:
Mar 2nd, 2021
1
T-Mobile stock brief
- T-Mobile closed on Monday at $123.57 after skyrocketing a 3.00%.
- From the chart point view, price is drawing an scaled downtrend since last January with lower tops and lower bottoms. this downtrend marked a -8.83% loss.
- T-Mobile US, Inc., together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands.
Should I buy T-Mobile stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $TMUS stock a buy?
Currently, T-Mobile stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for $TMUS in coming sessions, or that it may not climb higher. Simply, it doesn't match our recommended trading systems
Should I sell T-Mobile stock?
Knowing when to sell a stock is even more difficult than knowing when to buy it. Trading strategies help us to avoid impulsive decisions based on our personal feelings or the noise surrounding the market. We like very simple strategies to guide us on when is the best time to sell our shares. Be aware that these strategies should not be used for shorting $TMUS stock
A golden rule is that you should not keep an investment that shows a higher than expected losses at the time of the buy. When to sell your stock always has to be dictated by the stop-loss (automatic or manual)
Is it time to sell T-Mobile stock?
Currently, T-Mobile stock doesn't match any of our preferred sell setups, so if you own T-Mobile stock and your operation is in profit probably is not time to sell now
T-Mobile ratings
In the last 30 days, 3 analyst ratings were published for T-Mobile
| Brokerage firm | Rating |
|---|---|
| Feb 5th, 2021 | |
| Royal Bank of Canada | Neutral |
| Truist | Neutral |
| Feb 8th, 2021 | |
| Raymond James | Buy |
T-Mobile stock analysis
From a technical standpoint, T-Mobile continues in downtrend since last January, and has lost a -8.83%. The stock plotted 2 consecutive lower tops.
SMAs overview
Supports and resistances
The current resistance levels are:
The current supports are:
Bollinger bands
Since the price broke down the lower band on February 22, the price bounced off by 5.26%
Relative strength index
When the moves for so long below 70 and above 30, without indication of overbought and oversold, the indicator is of little use, and we currently are in one of these cases.
T-Mobile stock price history
T-Mobile went public priced at an adjusted price1 of $41.59 on Apr 2007. Since then, TMUS stock surged by 197.11%, with an average of 15.16% per year. An investment of thousand dollars on Apr 2007 would worth $2,971.15 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for T-Mobile stock
How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price forecasts are posted every day by banks, financial institutions and independent analysts.
Along with buy or sell recommendations, brokerage institutions post their price target based on the stock price action and the company fundamental data. Most of these estimates follow the release of new financial data by the company, and many times. Again, these predictions are not direct recommendations for individual investors and must not be followed blindly.
Averaging all price targets exposed below, the forecasted price for T-Mobile stock is $141.67. T-Mobile closed at $123.57 on Monday, that is a 12.78% than the predicted price.
| Brokerage firm | Price target |
|---|---|
| Feb 5th, 2021 | |
| Royal Bank of Canada | $120.00 → $133.00 |
| Truist | $135.00 → $150.00 |
| Feb 8th, 2021 | |
| Raymond James | $140.00 → $142.00 |
Earnings and financials
T-Mobile US, Inc. ($TMUS) published quarterly earnings of $0.60 per share in early February, significantly upping the Wall St consensus estimate of $0.51 per share. This quarterly report represents an earnings surprise of 17.65%. On the contrary, the company reported revenue was $20.3 billion aligned with analysts' estimates.
Compared to the same quarter last year, EPS was $0.87, so reported EPS means a reduction of -31.03%. Looking at sales, figures skyrocketed a 71.25% compared to $118.8B same quarter a year ago.T-Mobile ($TMUS) is posting Q1 earnings report next May. Expected for this quarter is $0.55, compared to $0.60 that was reported for Q4.
T-Mobile competitors
T-Mobile belongs to the Telecommunications sector and the Telecom Services industry, where it has industry peers.
T-Mobile major competitors are:
| Company | Market cap | Rating | Bullish ratings1 |
|---|---|---|---|
| T-Mobile ($TMUS) | $153.6B | Buy | 1 |
| AT&T ($T) | $209.2B | Buy | 1 |
| United States Cellular (USM) | $2.9B | Buy | 1 |
| Boingo Wireless (WIFI) | $550.4M | Neutral | 0 |
1 In the last 30 days.
T-Mobile performance
To better understand T-Mobile performance you must compare its gains with other related stocks in same sector or industry.. For T-Mobile, the benchmark is made against AT&T, United States Cellular and Boingo Wireless.
| Company | 1m | 3m | 6m |
|---|---|---|---|
| T-Mobile ($TMUS) | -2.40% | -4.30% | 7.20% |
| AT&T ($T) | -3.90% | -3.10% | -3.70% |
| United States Cellular (USM) | -12.10% | -9.10% | -19.80% |
| Boingo Wireless (WIFI) | -4.00% | -15.40% | -13.00% |
Disclaimer:
The comments given in this article are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this article does not have an understanding of the particular circumstances of the reader, his or her financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are published for informational motives onlyT-Mobile summary
| Monday, March 1st, 2021 | |
|---|---|
| Open | $120.31 |
| Close | $123.57 |
| Day range | $120.27 - $123.93 |
| Previous close | $119.97 |
| Session gain | 3.00% |
| Average true range | $3.30 |
| 50d mov avg | $128.06 |
| 100d mov avg | $125.09 |
| 200d mov avg | $116.51 |
| Earnings date | May 5th, 2021 |