Industrial Review On MetroPCS Communications, Inc. (NYSE:PCS) Stock Picks

Stock Performance:

MetroPCS Communications, Inc. (NYSE:PCS) stock picks plunged by 4.56% to close at $7.95 with traded volume of 2.87 million shares in the last Monday closing day as compare to its average volume stood at 5.19 million. The company maintains a strong short term liquidity position as per its current ratio of 3.27 times. The (stock picks) company stands in profit with the profit margin of 5.29%. The company is in highly profitability with ROE of 9.10%. Its (stock picks) price to earnings ratio stands at 12.62 times.

Competitors To Watch:

LEAP               Leap Wireless Intl., Inc.

S                      Sprint Nextel Corporation

USM                United States Cellular…

VZ                   Verizon Communications…

CLWR             Clearwire Corporation

Financials:

MetroPCS Communications, Inc. (NYSE:PCS) generated the total revenue of $1.20 billion for the quarter ended September 30th, 2011 as compared to revenue of $1.02 billion for the same period last year. The company reported the net profit of $69.33 million or earnings of $0.19 per share for the respective quarter as compared to net income of $77.29 million or earnings of $0.21 per share last year.

The company’s total assets accumulate up to $9.27 billion out of which fixed assets have the highest proportion. The company maintains a strong short term liquidity position as per its current ratio of 3.27 times.

Latest News:

Bloomberg

http://www.bloomberg.com/news/2011-12-20/at-t-s-past-success-with-deals-blinded-it-in-bid-for-t-mobile-lawyers-say.html

Wall Street Cheat Sheet

http://wallstcheatsheet.com/stocks/why-telecom-companies-love-the-growing-text-market.html/

Market Watch

http://www.marketwatch.com/story/metropcs-shares-rise-on-upgrade-2011-12-15?link=MW_latest_news

 

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