AT&T stock: buy or sell?
Updated on:
July 16th, 2019
5
AT&T Inc. provides communications and digital entertainment services. The company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility, and International.
Should I buy AT&T stock?
Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.Check the only buy setup that matches with AT&T stock now:
| Buy setup | Elegible |
|---|---|
| New all-time high | No |
| New 52 week high | Yes |
| Price crossing up 200d MA | No |
| 100d MA crossing up 200d MA | No |
Is AT&T stock a buy?
Financial institutions and banks publish stock ratings everyday.
At Stocks2.com, we gathered 4 ratings published for T stock in the last 30 days. The general sentiment of these ratings is bullish for T stock, with 3 positive ratings.| Date | Analyst / Broker | Previous rating | Current rating |
| 2019-6-24 | Bank of America | n/a | Buy |
| 2019-4-5 | Desjardins | Buy | Average |
| 2019-3-15 | Raymond James | Market Perform | Outperform |
| 2019-1-31 | Cowen | n/a | Buy |
AT&T stock analysis
Daily outlook
AT&T shares depreciated -0.39% to $33.58 today.
AT&T closed today at $33.58 and depreciated an unpleasant -0.39%. Since last May when SMA100d and SMA200d crossed up, T price gained $1.78 per share (5.60%). Since price and SMA200d lines crossed up on May, T climbed $3.73 (12.50%).
Weekly outlook
AT&T closed this week at $33.58 and remained constant a neutral -0.21%. Early June T skyrocketed an exceptional 5.90% in just one week. Late May T plummed a hair-raising -5.54% in just one week.
AT&T stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Since mid May when SMA20w and SMA40w crossed up, T price gained $3.42 per share (11.34%). Since mid March when T stock price broke up the SMA40w line, it gained $4.53 (15.59%).
AT&T stock price history
AT&T IPO was on November 21st, 1983 at $0.86 per share1. Since then, T stock surged a 3,804.70%, with an average of 108.70% per year. If you had invested right after T's IPO a $1,000 in AT&T stock in 1983, it would worth $38,047.00 today.
1: Adjusted price after possible price splits or reverse-splits.
AT&T stock historical price chart
T stock reached 52-week highs on Thursday at $34.02, and all-time highs 2017-03-20 with a price of 37.04.
AT&T stock price target is $42.80
How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' T stock price predictions in the hope that they will be met as they may be wrong and not met. We have 3 price forecasts for T stock posted in the last 30 days:| Date | Analyst / Broker | Action | Previous target | Current target | Diff |
| 2019-6-24 | Bank of America | Reiterates | n/a | $37.00 | - |
| 2019-4-5 | Desjardins | Reiterates | n/a | $56.50 | - |
| 2019-1-31 | Cowen | Reiterates | n/a | $35.00 | - |
| (in average) | $0.00 | $42.80 | 0.0% |
Financials and fundamental analysis
Earnings date and Earnings per Share
After publishing its last earnings report on April, AT&T stepped up a decent 6.20%. As soon as we get its posted EPS from the earnings report, we will extend this report.| Quarter | Reporting date | Estimated EPS | Actual EPS | Surprise |
|---|---|---|---|---|
| 2017-Q2 | - | n/a | 0.67 | n/a |
| 2017-Q3 | 2017-10-24 | 0.75 | 0.74 | -1.3% |
| 2017-Q4 | 2018-01-31 | 0.65 | 0.78 | 20.0% |
| 2018-Q1 | 2018-04-25 | 0.87 | 0.85 | -2.3% |
| 2018-Q2 | 2018-07-24 | 0.85 | 0.91 | 7.1% |
| 2018-Q3 | 2018-10-24 | 0.93 | 0.9 | -3.2% |
| 2018-Q4 | 2019-01-30 | 0.85 | 0.86 | 1.2% |
| 2019-Q1 | 2019-04-24 | 0.86 | n/a | n/a |
| 2019-Q2 | - | n/a | n/a | n/a |
| 2019-Q3 | - | n/a | n/a | n/a |
Annual financial results
Compared to 2017, last anual revenues report draw an excellent growth of 6.36% to $170,756.00 M dollars. Nonetheless, its income margin (compared to sales) slipped to 11.34%, that is $19,370.00 million. AT&T presents anual results in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, AT&T TTM sales up to March 2019 were $177,545.00 and income $18,804.00 million dollars. If we compare this TTM figures with the last reported annuality, we can esteem AT&T business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, inched a decent 3.98%. Regarding profit margin, AT&T stayed constant -0.75% to 11.34%| Year | Sales | YoY | Income/(margin) | YoY |
|---|---|---|---|---|
| 2013 | $128,750 M | - | $18,250 M14.2% | - |
| 2014 | $132,447 M | 2.87% | $6,224 M4.7% | -65.90% |
| 2015 | $146,801 M | 10.84% | $13,345 M9.1% | 114.41% |
| 2016 | $163,786 M | 11.57% | $12,976 M7.9% | -2.77% |
| 2017 | $160,546 M | -1.98% | $29,450 M18.3% | 126.96% |
| 2018 | $170,756 M | 6.36% | $19,370 M11.3% | -34.23% |
| TTM | $177,545 M | 3.98% | $18,804 M10.6% | -2.92% |
Quarterly financial results
AT&T reported $44,827.00 M in revenues for 2019-Q1, a -6.60% less compared to previous quarter. Reported quarter income marked $4,096.00 M with a profit margin of 9.14%. Profit margin stayed stable a -0.98% compared to previous quarter when profit margin was 10.12%. When comparing turnover to same quarter last year, AT&T sales marked a dazzling gain and boosted a 17.85%.| Quarter | Sales1 | QoQ2 | Income1/(margin) | QoQ2 |
|---|---|---|---|---|
| 2017-Q2 | $39,840 M | - | $3,920 M9.8% | - |
| 2017-Q3 | $39,670 M | -0.43% | $3,030 M7.6% | -22.70% |
| 2017-Q4 | $41,676 M | 5.06% | $19,037 M45.7% | 528.28% |
| 2018-Q1 | $38,038 M | -8.73% | $4,662 M12.3% | -75.51% |
| 2018-Q2 | $38,986 M | 2.49% | $5,132 M13.2% | 10.08% |
| 2018-Q3 | $45,739 M | 17.32% | $4,718 M10.3% | -8.07% |
| 2018-Q4 | $47,993 M | 4.93% | $4,858 M10.1% | 2.97% |
| 2019-Q1 | $44,827 M | -6.60% | $4,096 M9.1% | -15.69% |
AT&T ownership
When you are planning to buy a stock, it's always worth to have a look its ownership structure.AT&T shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.07% of all shares.
In case of AT&T stock, 55.44% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for T stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to AT&T:
| T | AMX | CMCSA | CTL | DIS | |
|---|---|---|---|---|---|
| Market cap | $218.3 B | $49.5 B | $205.3 B | $13.3 B | $215.0 B |
| Total shares | 6,500.0 M | 3,300.0 M | 4,590.0 M | 1,090.0 M | 1,490.0 M |
| Float shares | 7,290.0 M | 1,520.0 M | 4,500.0 M | 984.5 M | 1,800.0 M |
| - Institutional holdings (%) | 55.4% | 11.3% | 84.7% | 75.2% | 54.8% |
| - Insider holdings (%) | 0.1% | 0.0% | 0.7% | 0.8% | 0.2% |
| Shares in short selling | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
AT&T summary
| Tuesday, July 16th, 2019 | |
|---|---|
| Open | $33.68 |
| Close | $33.58 |
| Day range | $33.51 - $33.72 |
| Previous close | $33.71 |
| Session gain | -0.39% |
| Average true range | $0.38 |
| 50d mov avg | $31.85 |
| 100d mov avg | $31.11 |
| 200d mov avg | $30.24 |
| Daily pattern | |
| Weekly pattern | lt06a |
AT&T performance
Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare AT&T to America Movil, S.A.B. de, Comcast, CenturyLink, Walt Disney, Shenandoah Telecommunications, Telephone and Data Systems, T-Mobile US, United States Cellular and Verizon Communications:| Stock | 3m | 6m | 12m |
|---|---|---|---|
| TAT&T | 6.43% | 11.86% | 14.88% |
| AMXAmerica Movil, S.... | -4.46% | -4.22% | -8.32% |
| CMCSAComcast | 5.92% | 24.78% | 33.13% |
| CTLCenturyLink | 2.53% | -19.74% | -28.47% |
| DISWalt Disney | 9.62% | 30.74% | 31.24% |
| SHENShenandoah Teleco... | -7.59% | -17.34% | 24.93% |
| TDSTelephone and Dat... | 0.86% | -12.28% | 31.80% |
| TMUST-Mobile US | 7.17% | 18.04% | 33.40% |
| USMUnited States Cel... | -2.41% | -20.42% | 37.05% |
| VZVerizon Communica... | -0.05% | 2.66% | 18.30% |
AT&T competitors
We chose a few stocks to conform a list of AT&T competitors to review if you are interested in investing in T:- America Movil, S.A.B. de (AMX)
- Comcast (CMCSA)
- CenturyLink (CTL)
- Walt Disney (DIS)
- Shenandoah Telecommunications (SHEN)
- Telephone and Data Systems (TDS)
- T-Mobile US (TMUS)
- United States Cellular (USM)
- Verizon Communications (VZ)
Latest AT&T stock news
- InvestorPlaceStreaming Already Looks Like a Problem for AT&T StockJuly 16, 2019
- InvestorPlaceAT&T Is Not Worth Buying Just for Its 6% YieldJuly 12, 2019
- Seeking AlphaHBO Max: AT&T Has Big Advertising Plans For EuropeJuly 12, 2019
- InvestorPlaceStock Showdown: AT&T Stock and Verizon Are Both Risky PlaysJuly 11, 2019
- InvestorPlaceIs AT&T Stock Still Worth Buying for Its 6% Yield? July 11, 2019