TMUS Stock Summary and Trading Ideas (T-Mobile US | NASDAQ:TMUS)

Deutsche Telekom merged its T-Mobile USA unit with prepaid specialist MetroPCS in 2013, and that firm merged with Sprint in 2020, creating the second-largest wireless carrier in the U.S. T-Mobile now serves 76 million postpaid and 22 million prepaid phone customers, equal to around 30% of the U.S. retail wireless market. The firm entered the fixed-wireless broadband market aggressively in 2021 and now serves nearly 5 million residential and business customers. In addition, T-Mobile provides wholesale services to resellers.

T-Mobile US trades on the NASDAQ stock market under the symbol TMUS.

As of April 15, 2024, TMUS stock price declined to $159.82 with 3,989,540 million shares trading.

TMUS has a beta of 0.41, meaning it tends to be less sensitive to market movements. TMUS has a correlation of 0.10 to the broad based SPY ETF.

TMUS has a market cap of $189.69 billion. This is considered a Large Cap stock.

Last quarter T-Mobile US reported $20 billion in Revenue and $1.67 earnings per share. This beat revenue expectation by $838 million and missed earnings estimates by -$.23.

In the last 3 years, TMUS stock traded as high as $168.64 and as low as $101.51.

The top ETF exchange traded funds that TMUS belongs to (by Net Assets): QQQ, VTI, VOO, SPY, IVV.

TMUS has underperformed the market in the last year with a return of +7.8%, while the SPY ETF gained +25.3%. In the last 3 month period, TMUS fell short of the market, returning -1.3%, while SPY returned +6.2%. However, in the most recent 2 weeks TMUS has outperformed the stock market by returning -2.1%, while SPY returned -3.6%.

TMUS support price is $158.76 and resistance is $161.34 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TMUS stock will trade within this expected range on the day.