AT&T stock: buy or sell?

T stock price: $37.12 -0.62% At close on February 26th, 2020

Updated on:
February 26th, 2020

4

Shares of AT&T depreciated an ugly -0.62% and closed at $37.12. With Wednesday it's been 4 sliding days in a row, loosing $-1.49 (-3.88%).

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?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to choose your own trading strategy that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with AT&T stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is AT&T stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for T stock for the last month.

AT&T stock analysis

Daily outlook

Shares of AT&T ended today at $37.12 and depreciated an ugly -0.62%.

Shares of AT&T depreciated an ugly -0.62% and closed at $37.12. On November, T hit new all time highs, pushing higher previous ATH of $39.06 recorded on November. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

T stock chart (daily)

Weekly outlook

AT&T shares slipped -3.71% this week, ending at $37.12.

Not so far away is the last all-time high AT&T marked by mid November 2019. Since SMA20d and SMA40w crossed up by mid May 2019, T price climbed $7.76 per share (26.43%). By mid March 2019 T price bounced up over the SMA of 40 weeks that acted as support stopping new slides.

T stock chart (weekly)

AT&T stock price history

AT&T stock went public on November 21st, 1983 with a price of $0.211. Since then, T stock grew a 17,576.20%, with a yearly average of 488.20%. If you had invested $1,000 in AT&T stock in 1983, it would worth $175,762.00 today.

1: Adjusted price after possible price splits or reverse-splits.

AT&T stock historical price chart

T stock reached all-time highs on November with a price of $39.18.

AT&T stock price target

Nobody can reliably foresee how stock prices may evolve in the future. 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. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not detected any price target for AT&T stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since April, when AT&T published its last earnings report, it . As soon as we get its posted EPS from the earnings report, we will update this report.
T earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.67n/a
2017-Q32017-10-240.750.74-1.3%
2017-Q42018-01-310.650.7820.0%
2018-Q12018-04-250.870.85-2.3%
2018-Q22018-07-240.850.917.1%
2018-Q32018-10-240.930.9-3.2%
2018-Q42019-01-300.850.861.2%
2019-Q12019-04-240.86n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, AT&T annual revenues soared a pretty good 6.36% to $170,756.00 M USD from $160,546.00 marked in 2017. Instead, its earnings margin (compared to sales) eased to 11.34%, that is $19,370.00 million.

AT&T fiscal year ends in December, and to evaluate 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 earnings $18,804.00 M USD. 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, raised a good 3.98%. Regarding profit margin, AT&T stayed stable -0.75% to 11.34%

T annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$128,750 M-$18,250 M14.2%-
2014$132,447 M2.87%$6,224 M4.7%-65.90%
2015$146,801 M10.84%$13,345 M9.1%114.41%
2016$163,786 M11.57%$12,976 M7.9%-2.77%
2017$160,546 M-1.98%$29,450 M18.3%126.96%
2018$170,756 M6.36%$19,370 M11.3%-34.23%
TTM $177,545 M3.98%$18,804 M10.6%-2.92%

Quarterly financial results

AT&T reported $44,827.00 M in revenues for 2019-Q1, a -6.60% decline compared to previous quarter. Reported quarter income marked $4,096.00 M with a profit margin of 9.14%. Profit margin remained steady a -0.98% compared to previous quarter when profit margin was 10.12%. When comparing sales to same quarter last year, AT&T sales marked an exceptional growth and rocketed a 17.85%.
T quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(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 M5.06%$19,037 M45.7%528.28%
2018-Q1$38,038 M-8.73%$4,662 M12.3%-75.51%
2018-Q2$38,986 M2.49%$5,132 M13.2%10.08%
2018-Q3$45,739 M17.32%$4,718 M10.3%-8.07%
2018-Q4$47,993 M4.93%$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 shares of a company, it's worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For AT&T, 0.08% of all outstanding shares are owned by its staff.

In case of AT&T stock, 57.66% 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
Market cap$266.2 B
Total shares7,170.0 M
Float shares7,160.0 M
  - Institutional holdings (%)57.7%
  - Insider holdings (%)0.1%
Shares in short selling0.0%

AT&T summary

Wednesday, February 26th, 2020
Open$37.19
Close$37.12
Day range$36.92 - $37.79
Previous close$37.35
Session gain-0.62%
Average true range$0.54
50d mov avg$38.24
100d mov avg$37.90
200d mov avg$35.45
Daily pattern
Weekly pattern

AT&T performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For AT&T, the benchmark is made against .
Stock3m6m12m
TAT&T0.62%8.16%27.60%

AT&T competitors

Unfortunately, we could not find any public company that could be defined as AT&T competitor. This doesn't mean AT&T does not have any competitor in the market, it's just we could not detected it.

    Latest AT&T stock news