Dark pool trades were detected in TMUS stock on February 7, 2020.
The dark pool trades in TMUS stock look like buy orders as they occurred when TMUS stock pulled back and ultimately TMUS stock rose soon after the prints. It looks like a big player(s) were accumulating on pullbacks.
Large players volume has been rising in TMUS stock since December 2019 which supports the idea that big players are accumulating the stock. The Twiggs Money Flow just broke positive on February 7, 2020, which again supports the idea that the stock is being accumulated.
TMUS shows revenue growth over the last 5 years of 8.76% yearly.
On February 7, 2020, SunTrust analyst Greg Miller raised his price target on T-Mobile (TMUS) to $100 and kept his Buy rating after its solid revenue reported in Q4 and a likely conservative 2020 guidance. The analyst believes that T-Mobile should see tail-winds of the 600Mhz deployment as well as the launch of 5G this year.
On February 6, 2020, T-Mobile reported Q4 EPS of 87c versus the consensus estimate of 83c. Revenue also beat coming in at $11.9B versus the consensus estimate of $11.83B.
In December 2019, T-Mobile launched America’s first nationwide 5G network, including prepaid 5G with Metro by T-Mobile, covering more than 200 million people and more than 5,000 cities and towns across the United States with 5G. In addition, we introduced two new 600 MHz 5G capable superphones, the exclusive OnePlus 7T Pro 5G McLaren and the Samsung Galaxy Note 10+ 5G and anticipate offering an industry-leading smartphone portfolio built to work on nationwide 5G in 2020. This 5G network is the foundational layer of 5G coverage and it’s just the beginning! With the New T-Mobile, we will be able to combine this foundational layer of 5G with Sprint’s 2.5 GHz mid-band spectrum, resulting in a broad and deep nationwide 5G experience for everyone, everywhere. And, T-Mobile continues to invest in building its nationwide 4G LTE network, which now covers 327 million Americans, and continues to rapidly deploy its 600 MHz spectrum, which now covers 248 million people, and is live in nearly 8,900 cities and towns across 49 states and Puerto Rico.
“T-Mobile continues to deliver incredible results quarter after quarter! In Q4 we set new financial records across the board and recorded our 27th consecutive quarter with over 1 million total net customer additions,” said John Legere, CEO of T-Mobile. “We achieved these spectacular results all while launching the first and only nationwide 5G network, announcing Un-carrier 1.0 for New T-Mobile, and delivering a compelling and fact-based argument in court to support our pending merger. Our results continue to show that the Un-carrier strategy works, and it delivers for both customers and shareholders. I couldn’t be more confident and excited about our future and We Won’t Stop!”