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 May 1, 2024, TMUS stock price climbed to $165.71 with 1,545,492 million shares trading.

TMUS has a beta of 0.33, meaning it tends to be less sensitive to market movements. TMUS has a correlation of 0.08 to the broad based SPY ETF.

TMUS has a market cap of $194.19 billion. This is considered a Large Cap stock.

Last quarter T-Mobile US reported $20 billion in Revenue and $2.00 earnings per share. This fell short of revenue expectation by $-216 million and exceeded earnings estimates by $.13.

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 stock has underperformed the market in the last year with a return of +16.1%, while SPY returned +21.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in TMUS shares. However, TMUS has outperformed the market in the last 3 month and 2 week periods, returning +2.9% and +3.7%, while SPY returned +2.2% and -0.7%, respectively. This indicates TMUS has been having a stronger performance recently.

TMUS support price is $162.88 and resistance is $165.46 (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.