Buy, Sell or Hold: AT&T (T-N) — Stock Predictions at Stockchase

NYSE:T

25.91

0.32 (1.25%) 1d

Showing 1 to 15 of 39 entries

DON'T BUY

At $25, this is okay, but otherwise no. Sell if it rises $2. It suffers from a bad balance sheet, bad management and bad ideas.

Telecommunications

DON'T BUY

Yield around 7.5%, which is a warning sign. Rudderless. History of making poor investments, trying to buy its way out of a dying business with acquisitions. Lots of debt. Companies laying their own fibre optic cable can bypass the big telecoms.

Telecommunications

BUY

In a good position now, after disastrous acquisitions. Now a pure play. Cost-cutting on core businesses. Will be bringing down debt. Great yield. 5G will really help them.

Telecommunications

DON'T BUY

He owns no telcos right now. Very leveraged balance sheet is a concern. Stability of the business can usually handle more debt, but AT&T is not growing that much. Interest rate sensitive. Not a high ROIC. Like a ship that's slowly sinking by the weight of its liabilities. Look at BCE or Telus.

Telecommunications

BUY

He's taking a serious look at this. They're in a unique situation: they will sell some assets and acquire Discovery, and will cut their dividend in mid-2022 by roughly 40%, though it is high right now. Their new CEO started last year, and things seem to be heading in the right direction. If you want income, you can still invest in this and hold it in an RRSP. It trades around 9x earnings. The Canadian telecoms are a lot more expensive, by comparison at 17-19x PE, but you'd buy these for the dividends.

Telecommunications

COMMENT

You will get shares in the newly merged Discover-Warner company. The tax treatment is still unknown for Canadian holders of AT&T. For American investors, it is tax free. As a result of the transaction, the AT&T dividend is probably going to be cut in half. There is an argument that it will stop being a yield stock and become a hybrid. The stock is down as a result.

Telecommunications

DON'T BUY

Today, Wall Street hailed news of the AT&T and Discovery merger as a transformational blockbuster, but he sees it as the final act in one of the dumbest deals in recent history, AT&T's $85-billion buy of Time-Warner of nearly three years ago. Why would a telephone company buy a media business? Synergy? Really? AT&T took on huge debt. The dividend has been slashed in half. This is a tremendous destruction of value. A disgrace.

Telecommunications

DON'T BUY

The dividend is safe and could even grow it in coming years. All the wireless carriers are investing and building for 5G. Capex will be high, but once 5G is built, AT&T will be fighting for customers. He'd rather invest in the towers because they don't need to wait for price competition. Rather, they benefit from the carriers as they upgrade to 5G. He prefers the towers to the telcos in 5G.

Telecommunications

DON'T BUY

You're reaching for their 7% yield, but you lose peace of mind. Pass.

Telecommunications

DON'T BUY

Pays a safe 7% dividend. An issue is that they bought Time-Warner, so they need to reduce a lot of debt in coming years. They are the second biggest player in pay TV and mobility. In mobility, there's a great opportunity in 5G which will come to fruition later this year and more so in 2022. A bigger problem is Time-Warner: ATT is way behind the streaming business, and movies are in trouble during Covid. How do these issues play out? Hard to tell. To compare, competitors Verizon has shifted towards a telecom company, away from a media one. He prefers Verizon.

Telecommunications

DON'T BUY

Too risky. Don't buy this only for the yield. Never.

Telecommunications

DON'T BUY

WiFi free globally is quite a concept. This would be a problem for the telecom sector, but it is a ways out. They decided they wanted to become a conglomerate in media. Their results have been mediocre. Their businesses don't work well together. 5G is not the hot seller they anticipated. There is no killer app that works only on 5G only.

Telecommunications

WAIT

He's concerned about the balance sheet, but they are making efforts to fix that. Give them one more quarter to rectify their balance sheet.

Telecommunications

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TOP PICK

Stockchase Research Editor: Michael O'Reilly AT&T recently reported earnings and the benefits of the company's diversified strategy are showing through. The company is involved in communication infrastructure, cinema, and now streaming services. The yield it pays is large, but we think cash flow has to grow a bit to ensure its sustainability. Although its movie releases under Warner Bros saw revenue declines, that was made up for by its HBO streaming services. The company plans to sell off $10 billion in assets this year to further sharpen its focus. We would trade this with a $24 stop-loss, looking for an upside target to $34 -- over 25% upside. Yield 7.60% (Analysts’ price target is $33.60)

Telecommunications

DON'T BUY

The layoffs they announced make him nervous, a bad sign. He wishes they would appear on his show to discuss what is really happening. He prefers Verizon.

Telecommunications

Showing 1 to 15 of 39 entries

AT&T(T-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 10

Total Signals / Votes : 12

Stockchase rating for AT&T is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

AT&T(T-N) Frequently Asked Questions

What is AT&T stock symbol?

AT&T is a American stock, trading under the symbol T-N on the New York Stock Exchange (T). It is usually referred to as NYSE:T or T-N

Is AT&T a buy or a sell?

In the last year, 12 stock analysts published opinions about T-N. 2 analysts recommended to BUY the stock. 10 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for AT&T.

Is AT&T a good investment or a top pick?

AT&T was recommended as a Top Pick by on . Read the latest stock experts ratings for AT&T.

Why is AT&T stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is AT&T worth watching?

12 stock analysts on Stockchase covered AT&T In the last year. It is a trending stock that is worth watching.

What is AT&T stock price?

On 2021-10-20, AT&T (T-N) stock closed at a price of $25.91.

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