Long/short equity, special situations
AT&T: Dividend Yield Approaching 6% And Upside Potential Of 28%
Mar. 19, 2014 2:57 PM ET | About: T, Includes: CTL, TEF, VZ
Disclosure: I am long TEF. (More...)
•AT&T has an intrinsic value of over $40 per share.
•Solid Dividend Yield And High Margin Of Safety Add To The Appeal Of AT&T.
•AT&T could be a good long-term investment for investors who desire recurring income.
AT&T (T) is attracting my attention purely from a valuation point of view. As a value investor I always like to look for companies that offer reasonable dividend yields, low valuations and a solid margin of safety. AT&T's stock has declined throughout much of 2013. The stock is down 9% over the last twelve month, but down more than 15% from its 52-week High at $39. At nearly $33 per share, AT&T could be a good investment for long-term investors who want to act opportunistically and purchase a high-yielding telco as long as the sector is still unloved.
2 days left
Highlights from the analysis by TheStreet Ratings Team goes as follows:
■T's revenue growth has slightly outpaced the industry average of 2.3%. Since the same quarter one year prior, revenues slightly increased by 1.8%. Growth in the company's revenue appears to have helped boost the earnings per share.
■The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Diversified Telecommunication Services industry and the overall market, AT&T INC's return on equity exceeds that of both the industry average and the S&P 500.
■The gross profit margin for AT&T INC is rather high; currently it is at 63.10%. It has increased significantly from the same period last year. Along with this, the net profit margin of 20.84% is above that of the industry average.
■The company, on the basis of net income growth from the same quarter one year ago, has significantly outperformed against the S&P 500 and exceeded that of the Diversified Telecommunication Services industry average. The net income increased by 279.2% when compared to the same quarter one year prior, rising from -$3,857.00 million to $6,913.00 million.
■The debt-to-equity ratio is somewhat low, currently at 0.82, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. Even though the company has a strong debt-to-equity ratio, the quick ratio of 0.47 is very weak and demonstrates a lack of ability to pay short-term obligations.
Citigroup Is A Bargain As The Shares Will Trade At Book Value
Mar. 18, 2014 6:26 AM ET | About: C
Disclosure: I am long WFC, C. (More...)
•Shares are trading at a significant discount to its book value unlike its peers in the industry.
•Return on Assets while not best in class are certainly respectable, yet the shares trade lower than similar competitors.
•Bad assets held in Citi Holdings continue to be worked down which will lead to a much higher return on asset figure
Sentiment: Strong Buy
Today we re announcing Surface 2 (AT&T 4G LTE), a 64GB mobile broadband-ready version of Surface 2 that will be available to purchase for $679 USD (ERP) in the US at Microsoft retail stores, and at and all Best Buy (NYSE: BBY) and Best Buy Mobile stores beginning tomorrow, March 18.
In launching this new version of Surface 2, we re adding the power and reach of AT&T s (NYSE: T) 4G LTE network to an already fantastic device. Along with cellular connectivity, all of the refinements that went into Surface 2 are here: the increased speed and battery life, the dual-position kickstand, Microsoft Office Home & Student 2013 RT and Outlook 2013 RT, the full HD screen, the upgraded front- and rear-facing cameras and full-size USB 3.0 port, just to name a few
lot of shorts will soon start to cover--jmho--good luck all
Sentiment: Strong Buy
Sentiment: Strong Buy
Best Buy Co. Inc. Analyst Notes
On February 28, 2014, Best Buy Co. Inc. (Best Buy) announced that its Board of Directors has authorized the payment of a regular quarterly cash dividend of $0.17 per common share. The said quarterly dividend is payable on April 10, 2014, to shareholders of record as of the close of business on March 20, 2014. The Company stated that it had 346.8 million shares of common stock issued and outstanding as of February 1, 2014. The full analyst notes on Best Buy Co. Inc. are available to download free of charge at: