AT&T stock: buy or sell?

T stock price: $33.58 -0.39% At close on July 16th, 2019

Updated on:
July 16th, 2019

5

Shares of AT&T closed today at $33.58 and depreciated an unpleasant -0.39%.

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 setupElegible
New all-time highNo
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

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.
Is T a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-6-24Bank of American/aBuy
2019-4-5DesjardinsBuyAverage
2019-3-15Raymond JamesMarket PerformOutperform
2019-1-31Cowenn/aBuy

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%).

T stock chart (daily)

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%).

T stock chart (weekly)

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:
T stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-6-24Bank of AmericaReiteratesn/a$37.00-
2019-4-5DesjardinsReiteratesn/a$56.50-
2019-1-31CowenReiteratesn/a$35.00-
(in average)$0.00$42.800.0%
The price prediction for AT&T stock is $42.80, moving in a range between $56.50 and $35.00. In average, analysts' outlook on T price target is stable from previous estimations.

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.
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

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%

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% 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%.
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 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:

TAMXCMCSACTLDIS
Market cap$218.3 B$49.5 B$205.3 B$13.3 B$215.0 B
Total shares6,500.0 M3,300.0 M4,590.0 M1,090.0 M1,490.0 M
Float shares7,290.0 M1,520.0 M4,500.0 M984.5 M1,800.0 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 selling0.0%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:
Stock3m6m12m
TAT&T6.43%11.86%14.88%
AMXAmerica Movil, S....-4.46%-4.22%-8.32%
CMCSAComcast5.92%24.78%33.13%
CTLCenturyLink2.53%-19.74%-28.47%
DISWalt Disney9.62%30.74%31.24%
SHENShenandoah Teleco...-7.59%-17.34%24.93%
TDSTelephone and Dat...0.86%-12.28%31.80%
TMUST-Mobile US7.17%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:

Latest AT&T stock news