AT&T stock: buy or sell?
Updated on:
February 26th, 2020
4
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 setup | Elegible |
|---|---|
| New all-time high | No |
| New 52 week high | No |
| Price crossing up 200d MA | No |
| 100d MA crossing up 200d MA | No |
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.
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.
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.| 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
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%| 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% 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%.| 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 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 shares | 7,170.0 M |
| Float shares | 7,160.0 M |
| - Institutional holdings (%) | 57.7% |
| - Insider holdings (%) | 0.1% |
| Shares in short selling | 0.0% |
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 .| Stock | 3m | 6m | 12m |
|---|---|---|---|
| TAT&T | 0.62% | 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
- InvestorPlace3 Big Reasons to Buy AT&T Stock NowAugust 1, 2019
- Seeking AlphaAT&T: On Track To Achieve Its GoalsJuly 30, 2019
- InvestorPlaceAT&T TV Now: DirecTV Now Gets a New NameJuly 30, 2019
- Seeking AlphaAT&T: A Look At The 2 Key MetricsJuly 26, 2019
- Seeking AlphaAT&T - Value Over VolumeJuly 26, 2019