T-Mobile US’s (TMUS) Buy Rating Reaffirmed at JPMorgan Chase & Co.

T-Mobile US (NASDAQ:TMUS)‘s stock had its “buy” rating reissued by analysts at JPMorgan Chase & Co. in a note issued to investors on Thursday,MarketScreener reports.

A number of other research firms also recently commented on TMUS. TD Cowen decreased their price objective on shares of T-Mobile US from $263.00 to $252.00 and set a “buy” rating for the company in a report on Thursday, February 12th. Benchmark restated a “buy” rating on shares of T-Mobile US in a research report on Thursday, February 12th. DZ Bank reaffirmed a “buy” rating on shares of T-Mobile US in a report on Friday, February 13th. Royal Bank Of Canada lowered their price objective on shares of T-Mobile US from $270.00 to $255.00 and set an “outperform” rating for the company in a research report on Friday, January 16th. Finally, Scotiabank dropped their price objective on shares of T-Mobile US from $270.50 to $266.00 and set a “sector outperform” rating on the stock in a research note on Thursday, February 12th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $260.91.

T-Mobile US Trading Up 2.3%

Shares of TMUS opened at $193.22 on Thursday. T-Mobile US has a twelve month low of $181.36 and a twelve month high of $263.79. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 1.45. The firm has a market capitalization of $212.90 billion, a P/E ratio of 19.99, a price-to-earnings-growth ratio of 1.23 and a beta of 0.43. The stock’s fifty day simple moving average is $208.80 and its 200 day simple moving average is $206.66.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director G Michael Sievert sold 80,000 shares of the company’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $214.94, for a total value of $17,195,200.00. Following the completion of the transaction, the director owned 140,696 shares in the company, valued at approximately $30,241,198.24. This represents a 36.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Peter Osvaldik sold 27,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $214.86, for a total transaction of $5,801,220.00. Following the completion of the sale, the chief financial officer owned 51,573 shares in the company, valued at $11,080,974.78. The trade was a 34.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 694,134 shares of company stock valued at $150,847,799. Corporate insiders own 0.37% of the company’s stock.

Hedge Funds Weigh In On T-Mobile US

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. United Community Bank increased its position in T-Mobile US by 131.1% in the 3rd quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 59 shares during the period. JDM Financial Group LLC boosted its position in T-Mobile US by 114.0% during the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 65 shares during the period. Swiss RE Ltd. bought a new position in shares of T-Mobile US in the fourth quarter worth $29,000. Turning Point Benefit Group Inc. grew its stake in shares of T-Mobile US by 3,825.0% in the fourth quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock worth $32,000 after purchasing an additional 153 shares in the last quarter. Finally, City Holding Co. increased its holdings in shares of T-Mobile US by 48.4% during the third quarter. City Holding Co. now owns 141 shares of the Wireless communications provider’s stock valued at $34,000 after purchasing an additional 46 shares during the period. 42.49% of the stock is owned by institutional investors.

T-Mobile US News Roundup

Here are the key news stories impacting T-Mobile US this week:

• Positive Sentiment: Potential full merger with Deutsche Telekom would create a giant, dual-listed telecom with scale and strategic benefits; such a deal could carry a takeover premium for TMUS shareholders. Read More.
• Positive Sentiment: T-Mobile is expanding consumer offerings (same-day DoorDash delivery of 5G Internet equipment), a small but tangible product/retention positive that supports service revenue and customer experience. Read More.
• Neutral Sentiment: Sanford C. Bernstein reaffirmed a “Neutral” rating on TMUS, signaling analysts see limited near-term upside absent clearer catalysts. Read More.
• Neutral Sentiment: Countdown-to-Q1 coverage and valuation notes: several outlets are parsing Q1 metrics and valuation after recent swings — these will matter for any consensus changes post-earnings. Read More.
• Neutral Sentiment: Some analysts/columnists argue the proposed Deutsche merger likely won’t happen and remain bullish on standalone T?Mobile, offering a counterview that reduces takeover-implied upside in market pricing. Read More.
• Negative Sentiment: Market reaction: TMUS (and Deutsche) shares fell amid merger rumour-driven uncertainty — investors are pricing regulatory, geopolitical and antitrust risk into the stock, which can depress near-term performance. Read More.
• Negative Sentiment: Deal feasibility questions: multiple explainers highlight massive scale and complex regulatory hurdles for a $250–$400B tie-up; that structural risk increases downside if markets conclude the headline is more disruptive than accretive. Read More.

About T-Mobile US

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.