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大行評級丨高盛:T-Mobile US為美國電信服務商首選 估值具有吸引力
格隆匯 07-14 15:21
格隆匯7月14日丨高盛分析師發佈研報,展望美國電信服務商第二季度財報,預計用户趨勢與過去幾個季度“基本一致”,首選T-Mobile US (TMUS.US),理由包括後付費手機用户穩定增長、核心調整後EBITDA持續增長、自由現金流/回購前景強勁等。分析師強調,2023年預期自由現金流收益率為11倍,與我們預估的每股税後自由現金流三年複合增長率21%相比,我們認為其估值具有吸引力。分析師預計,T-Mobile US將於2025年之前回購600億美元的股票,佔其市值的三分之一,我們看到了強大的估值支持。高盛予該股194美元的目標價,較週四收盤價(140.69美元)仍有約37%的上升空間。
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