|Bid||51.0200 x 4000|
|Ask||51.0300 x 800|
|Day's range||50.8828 - 51.4900|
|52-week range||43.2000 - 54.7700|
|PE ratio (TTM)||6.69|
|Earnings date||24 Jul 2018|
|Forward dividend & yield||2.36 (4.65%)|
|1y target est||56.00|
Accenture’s (ACN) Communications, Media & Technology operating segment, which contributes ~21% of its total revenue, remains a driving force for the company. In the last five quarters, the Communications, Media & Technology segment has grown at a compound annual growth rate of 5%.
In the previous article, we learned about the expectations for AT&T’s (T) postpaid phone customer net additions in the second quarter. Wall Street analysts expect 250,000 prepaid customer net additions from AT&T in the second quarter given the increasingly intense competition in the prepaid space. In the first quarter, AT&T gained a total of 241,000 net prepaid customers, with strength coming from its Cricket and AT&T Prepaid brands.
American Tower (AMT) generates ~55% of its revenue from the US market. In the last reported quarter, its US property revenue grew 4.4% YoY (year-over-year), while its organic tenant revenue grew 6.3% YoY. Accelerated 5G (fifth-generation) deployment by domestic wireless network carriers and the mobile industry’s continuous evolution are expected to further drive demand for communication sites and towers, boosting American Tower’s US property revenue.
The race for 5G (fifth-generation) network rollout is heating up. According to T-Mobile’s management, “This network will harness 4G and 5G bandwidths simultaneously for dual connectivity and will be ready for the first 5G smartphones in the first half of 2019.” T-Mobile is eyeing nationwide 5G coverage by 2020. T-Mobile is looking to merge with smaller competitor Sprint (S).
Verizon's (VZ) continuous deployment of latest 4G LTE Advanced technologies enables customers to experience faster peak data speeds and capacity.
Now let’s take a look at T-Mobile’s (TMUS) technical indicators and compare them to those of its rivals in the US telecommunications space. On July 11, T-Mobile stock was trading at $60.18, ~0.2% above its 20-day moving average of $60.08, ~3.4% above its 50-day moving average of $58.20, and ~0.1% above its 100-day moving average of $60.15.
On July 11, T-Mobile’s (TMUS) stock price closed at $60.18. The telecommunications company’s stock price has fallen ~1.7% in the trailing year.
Cellphone carriers usually ask for their customers’ blessing before listing their phone numbers, sharing their addresses or exposing them to promotional emails. Carriers such as AT&T Inc. and T-Mobile US Inc. rely on those firms to vouch that they obtained users’ consent before handing over the data. All four national carriers said in June that they would cut off two companies that handled the data Securus had accessed and promised new safeguards, though they didn’t detail how it would be done.
Carriers such as AT&T Inc. and T-Mobile US Inc. rely on those firms to vouch that they obtained users’ consent before handing over the data. All four national carriers said in June that they would cut off two companies that handled the data Securus had accessed and promised new safeguards, though they didn’t detail how it would be done.
Verizon, AT&T, Sprint and T-Mobile all say they have unlimited data plans, but there's fine print you need to know about. Spoiler: there's no such thing as unlimited 4G LTE data.
Americans’ cellphone bills ticked up 0.3% last month, the first such increase since July 2016 as a yearslong promotion craze from wireless service providers is starting to peter out.
Kavanaugh's First Amendment argument against net neutrality could be applied to data more broadly, potentially making regulation more difficult if he were approved.
In the previous article, we examined Wall Street analysts’ latest recommendations for the top telecom (telecommunications) stocks. Now let’s take a look at the technical indicators of the top telecom stocks.
Telecom carriers’ expected performances for 2018 are reflected in Wall Street analysts’ ratings. Analysts have assigned Verizon (VZ) a target price of $55.88, which indicates a potential return of 9% from its closing price of $51.48 on July 6. AT&T (T) was assigned a target price of $37.25, which indicates a potential return of 14% from its closing price of $32.68 on July 6.
On July 6, AT&T’s (T) market cap was ~$239.4 billion, making it the largest US wireless player in terms of market cap. In comparison, Verizon (VZ) had a market cap of ~$212.7 billion, Sprint (S) had a market cap of ~$22.6 billion, and T-Mobile (TMUS) had a market cap of ~$51.8 billion.
In the previous part of this series, we examined the latest Wall Street analyst recommendations for Verizon (VZ) stock. Of the 30 analysts covering Verizon on July 5, 50% recommended a “buy” and 50% recommended a “hold.”
Astute readers of Barron’s are familiar with investment firm Dalton Greiner Hartman Maher, which we’ve profiled a number of times, most recently about two years ago. DGHM, which has investments across all market capitalizations, has a reputation for expertise in finding value in smaller, lesser-known names. In fact, $1.2 billion of the total assets of $1.9 billion that the firm manages is invested in its DGHM V2000 SmallCap Value strategy, which launched in 1994.
The race for 5G (fifth-generation) network deployment is heating up. In the United States, AT&T (T) and Verizon (VZ) are working to launch some forms of 5G services in select markets before the end of 2018. Meanwhile, T-Mobile (TMUS) and Sprint (S) are eyeing nationwide 5G coverage by around 2020.
On July 5, 30 analysts from various brokerage firms actively tracked Verizon (VZ) stock. About 50.0% of the 30 analysts recommended a “buy” on Verizon stock. Meanwhile, an equal number of analysts provided “hold” recommendations. There were no “sell” recommendations.
On July 5, Verizon’s (VZ) market capitalization was ~$211.9 billion, making it the second-largest US wireless player in terms of market capitalization. In comparison, Sprint (S) had a market capitalization of ~$22.0 billion, AT&T’s (T) market capitalization was ~$238.8 billion, and T-Mobile’s (TMUS) market capitalization was ~$50.9 billion.