T-Mobile (TMUS) is a Top-Ranked Growth Stock: Should You Buy?
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Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why This 1 Growth Stock Should Be On Your Watchlist
For growth investors, a company's financial strength, overall health, and future outlook take precedence, so they'll want to zero in on the Growth Style Score. This Score examines things like projected and historical earnings, sales, and cash flow to find stocks that will generate sustainable growth over time.
T-Mobile (TMUS)
Founded in 1994 and headquartered in Bellevue, WA, T-Mobile US, Inc. is a national wireless service provider. The company offers its services under the T-Mobile, Metro by T-Mobile and Sprint brands. T-Mobile, through its subsidiaries, provides wireless services for branded postpaid and prepaid, and wholesale customers.
TMUS sits at a Zacks Rank #3 (Hold), holds a Growth Style Score of B, and has a VGM Score of B. Earnings and sales are forecasted to increase 35.1% and 2.7% year-over-year, respectively.
Five analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.20 to $9.36 per share. TMUS boasts an average earnings surprise of 4.3%.
On a historic basis, T-Mobile has generated cash flow growth of 17.7%, and is expected to report cash flow expansion of 30.1% this year.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, TMUS should be on investors' short lists.
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T-Mobile US, Inc. (TMUS) : Free Stock Analysis Report