T-Mobile stock: buy or sell
Updated on:
May 17th, 2021
2
T-Mobile stock brief
- T-Mobile went up a 2.46% after hitting new all-time highs last Friday
- The price is currently over the upper Bollinger band, which often indicates a short-term correction
- Morgan Stanley published a buy rating for T-Mobile last Wednesday, with a forecast of $146.00
- T-Mobile posted its financial report on May 4
- 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?
In the current situation of T-Mobile there is not any eligible buy setup. This doesn't mean we expect a selloff for $TMUS in coming sessions, or that it may not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell T-Mobile stock?
When you own a stock with some profit, it's really difficult to decide the correct moment to sell and get your benefits. Trading strategies allow us to avoid impetuous decisions based on our personal sentiments or the buzz surrounding the market. When selling, as well as buying, our strategies are very easy to follow and are only applicable for selling shares in your porfolio, not for selling short T-Mobile stock
A guiding principle is that you must never keep an investment that results in losses greater than those expected upon purchase. When to sell your stock always has to be determined 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 hold T-Mobile stock and your operation is in profit probably is not time to sell now
T-Mobile ratings
In the last 30 days, 8 analyst ratings were published for T-Mobile. General sentiment is bullish, with 8 out of 8 posting optimistic forecasts
| Brokerage firm | Rating |
|---|---|
| Apr 19th, 2021 | |
| Deutsche Bank Aktiengesellschaft | |
| Apr 26th, 2021 | |
| Deutsche Bank Aktiengesellschaft | |
| May 5th, 2021 | |
| Barclays | |
| Raymond James | Buy |
| UBS Group | |
| May 6th, 2021 | |
| Morgan Stanley | |
| May 11th, 2021 | |
| Raymond James | Buy |
| May 12th, 2021 | |
| Morgan Stanley | Buy |
T-Mobile stock analysis
T-Mobile stock started an uptrend last February, and grew an amazing 22.12%. The chart shows higher highs and higher lows, and along the way provided some buy points for those who wanted to invest. Latest low was on May 4, when price bounced at $127.09. On May 5, T-Mobile broke out above its last top ($134.07) offering a good buying opportunity
$TMUS at Highs
Last Friday, T-Mobile hit all-time highs (ATH) again at $143.09
SMAs overview
Supports and resistances
Price is at highs and there are not upper resistance levels.
The current support levels are:
Bollinger bands
Price levels both above or below the Bollinger Bands tell us that the price has followed a strong trend that has led to extreme highs or lows. In this case, the price is beyond the upper band, which should mean a near-term adjustment (at least) until it is under the band
Relative strength index
The has been between the overbought and oversold zones for many weeks, and therefore, without this indicator really being of any help to us in making any decisions.
T-Mobile stock price history
T-Mobile started trading on Apr 19th, 2007 at $41.59 per share1. Since then, TMUS stock has risen by 240.27%, with an average of 17.16% per year. If you had invested thousand dollars in T-Mobile stock at that time, it would worth $3,402.74 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 issued every day by banks, financial institutions and independent analysts.
Along with buy or sell recommendations, financial institutions publish their price predictions based on the stock price action and the company fundamental data. Most of these predictions follow the release of new fundamental information by the company, and usually. Again, these forecasts are not direct recommendations for individual traders and should not be followed blindly.
There are 8 price predictions released for T-Mobile that average $159.25. T-Mobile closed at $141.52 last Friday, that is a 11.13% than the target price.
| Brokerage firm | Price target |
|---|---|
| Apr 19th, 2021 | |
| Deutsche Bank Aktiengesellschaft | $155.00 → $185.00 |
| Apr 26th, 2021 | |
| Deutsche Bank Aktiengesellschaft | $155.00 → $185.00 |
| May 5th, 2021 | |
| Barclays | $150.00 |
| Raymond James | $145.00 → $146.00 |
| UBS Group | $170.00 |
| May 6th, 2021 | |
| Morgan Stanley | $143.00 → $146.00 |
| May 11th, 2021 | |
| Raymond James | $145.00 → $146.00 |
| May 12th, 2021 | |
| Morgan Stanley | $143.00 → $146.00 |
Earnings and financials
T-Mobile ($TMUS) hosted the financial event and posted the report on May 4. T-Mobile posted earnings of $0.74 per share on sales of $19.8 billion. The Wall St estimate was $0.57 per share on revenue of $18.9 billion.
This compares to Earnings of $1.10 per share a year ago, so current EPS is a loss of -32.73%. Revenue exploded a 77.80% on an annualized basis in the , from $111.1B to $197.6B last quarter.T-Mobile ($TMUS) will host the quarterly earnings call next August. Forecasted for this quarter is $0.54, compared to $0.74 that was reported for Q1.
T-Mobile performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| T-Mobile ($TMUS) | 7.20% | 15.10% | 12.80% |
Important:
The opinions contained in this post are personal and not recommendations for you to buy or sell stocks. The author of this report does not have an understanding of the particular situations of the reader, his or her own finances 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 Thoughts are expressed for educative motives onlyT-Mobile summary
| Friday, May 14th, 2021 | |
|---|---|
| Open | $139.06 |
| Close | $141.52 |
| Day range | $138.73 - $143.09 |
| Previous close | $138.12 |
| Session gain | 2.46% |
| Average true range | $3.68 |
| 50d mov avg | $129.81 |
| 100d mov avg | $128.56 |
| 200d mov avg | $123.39 |
| Earnings date | August 5th, 2021 |