6.11 0.00 (0.00%)
After hours: 6:11PM EST
|Bid||6.10 x 900|
|Ask||6.15 x 800|
|Day's Range||6.10 - 6.32|
|52 Week Range||4.81 - 6.62|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||3.29|
|Earnings Date||Jan 31, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.78|
Alphabet's Loon knows it needs to land carrier deals if it's going to turn internet balloons into a viable business, and that means tapping industry veterans who know how to make those deals. The initial three members aren't household names, but you'll definitely know the companies they've worked for -- it's almost a who's-who of wireless. Craig McCaw, for instance, is more recently known for running Clearwire, the WiMax-loving broadband provider that Sprint acquired in 2013.
Sprint in Fiscal 2018’s Third Quarter: What Analysts Expect(Continued from Prior Part)Sprint’s EBITDA growth in fiscal 2018’s third quarter Previously, we looked at expectations for Sprint’s (S) revenue growth in the third quarter of fiscal
App now offers free one-topping Papa John's pizza - get yours today! OVERLAND PARK, Kan., Jan. 15, 2019 /PRNewswire/ -- Sprint (NYSE:S) is sharing the love – and the pizza – with customers to celebrate the launch of My Sprint Rewards. Best of all, there is no additional cost to sign up – My Sprint Rewards is simply our way of saying thanks for choosing Sprint.
The Zacks Analyst Blog Highlights: Verizon, AT&T, T-Mobile, Sprint and United States Cellular
What’s Expected for Charter Communications’ Q4 2018 Results(Continued from Prior Part)Charter’s moving averagesRecently, Charter Communications (CHTR) stock rose above its short-term (20-day) moving average, indicating bullishness. Charter
With the markets in wild gyrations, investors are turning to defensive stocks. That's with good reason. After years of tech and other aggressive growth companies dominating, there's a sense that the tide is turning. With that in mind, what better place would there be to go hunting now than in telecom stocks? * 10 A-Rated Stocks the Smart Money Is Piling Into Telecom stocks are known for their conservative nature. Even during bear markets and recessions, people tend to keep paying for their phones and internet connections. As such, telecom stocks are a solid place to take shelter during volatile market storms. The fact that most telecoms pay large dividends, sometimes in excess of 5%, only adds to the appeal. With all that in mind, what telecom stocks are looking good as we head into 2019? InvestorPlace - Stock Market News, Stock Advice & Trading Tips ### Telecom Stocks To Buy Now: Sprint (S) Source: Shutterstock Let's start off the telecom stocks to buy in the United States. Unfortunately, Verizon (NYSE:VZ) has run up sharply in recent weeks and is no longer a strong value at this price. Meanwhile, AT&T (NYSE:T) has bet the farm on content with the Time Warner deal and is not a good choice for risk-averse telecom investors. That leaves us with T-Mobile (NASDAQ:TMUS) and Sprint (NYSE:S). For years now, there has been talk about how the two need to merge to stay competitive with AT&T and Verizon. This appears to be the year that, finally, this merger talk will come to fruition. There is a slight hitch in the deal, as the U.S. government shutdown is delaying regulatory approval for the business fusion. Once the government reopens, however, expect the deal to get approved in reasonable time. Both T-Mobile and Sprint have struggled to achieve the sort of profitability that the larger two telecom players have obtained. However, combining T-Mobile's nearly 60 million subscribers with Sprint's 40 million would take the company to 100 million, overtaking AT&T to become number two player in the country. T-Mobile believes it can achieve a whopping $6 billion in yearly cost synergies out of the deal, giving it plenty of funds for robust 5G deployment along with, hopefully, dividends and perhaps a share buyback. ### Telecom Stocks To Buy Now: Telus (TU) Source: Shutterstock Vancouver, Canada-based Telus (NYSE:TU) is a strong choice for yield-seeking telecom investors. The company pays a nearly 5% dividend and is gaining market share in its home country. Telus sported 9 million paying subscribers at the end of 2017, a figure that grew by more than 300,000 versus the previous year. That was in large part powered by its customer churn rate of just 0.9%. That's the best figure in all of North American telecom. Telus stock hasn't been following its underlying business momentum, however. TU stock is at $34, which puts it in the bottom part of its $32.50-$38 52-week range. Why is the market less than enamored of Telus stock? * 7 Stocks to Buy That Are Run By Billionaires For one thing, there's been tons of talk about the Canadian "housing bubble" popping. Home prices, particularly in Toronto and Vancouver, have surged in recent years. Government action to cool the market has led to a reversal in prices. This could lead to a recession. Combine that with the sudden collapse in oil prices, and the Canadian economy is looking a little weaker. That said, telecom stocks hold up during recessions. People keep using their phones regardless. With that 4.8% dividend yield and selling at just 11x forward earnings, TU stock is a buy on any further weakness. ### Telecom Stocks To Buy Now: China Unicom (CHU) Source: Maher Najm via Flickr It's no secret that the ongoing U.S.-China trade war has put a hex on Chinese stocks. While most of the focus has gone to beaten-down Chinese tech companies, that's not the only place where we can go bargain shopping. For example, look at China Unicom (NYSE:CHU), a leading Chinese mobile carrier. The company, as of its latest semi-annual results, is posting strong numbers despite concerns about the Chinese economy. Its service revenue grew by 8.3%, for example, which was more than double the pace of the industry overall. EBITDA and free cash flow both grew by 5%. For a telecom companies these are fine numbers indeed, especially in a so-so economy. So what's the catalyst for 2019? For CHU stock, there are two things to look for. The first is that the end of the trade war should bring a recovery in sentiment. CHU stock slipped from $14 last spring to just $11 primarily on falling Chinese sentiment. The second reason is that Reuters has predicted that in 2019, the China Unicom may pair up with China Telecom (NYSE:CHA) to combine the second and third largest players in the Chinese market. With the rollout of expensive nationwide 5G networks on the way, this would help the two smaller players stay competitive and save money to compete against behemoth China Mobile (NYSE:CHL). In any case, don't overlook the Chinese mobile carriers as a way to play a fast-growing telecom market with huge mobile data demand. ### Telecom Stocks To Buy Now: Telefonica (TEF) Source: Shutterstock It was a rotten no-good year for emerging markets in 2018. Europe didn't have a particularly great showing either. Hence, Spain's Telefonica (NYSE:TEF) put in an underwhelming performance. Telefonica derives 24% of its business from Spain, 14% from Germany, and 13% from the U.K., with most of the rest coming from assorted countries in Latin America. These economies have largely been mediocre to bad in recent years. However, with sustained underperformance comes opportunity. Economic activity tends to revert, and there have been some recent signs of life in various Telefonica markets, notably Brazil, Mexico, and Colombia. The company's operating income has quietly rebounded from just 3.5 billion Euros in 2015 to 5.5 billion in 2016 and 6.8 billion Euros in 2017. * 5 Retail Stocks Suffering Major Markdowns TEF stock is still languishing around the $9 mark, up just modestly off the lows and way down from the $15 level where it generally traded between 2012 and 2015. Regardless, profitability is picking up and the company is one of the most widely diversified telecoms out there. It wouldn't take much for TEF stock to catch a bid. Additionally, it has historically paid extremely generous dividends and currently offers a 5% yield. ### Telecom Stocks To Buy Now: BT Group (BT) Source: BT For many American investors, BT Group (NYSE:BT) is overshadowed by the U.K's Vodafone (NASDAQ:VOD). But don't sleep on BT. The $30 billion market cap BT Group has a rather impressive business of its own. BT has its mobile business, enterprise division, international subsidiaries, and so on. But its crown jewel is Openreach, which controls the phone cables and telecom pipes across Britain. This gives it an effective monopoly over the so-called last mile of connectivity. The government was considering making BT divest this most powerful asset, but so far, it appears the worst of the regulatory storm has passed. Despite that, BT stock is down from more than $30 a share a few years ago to just $15 now. Much of this has been due to Brexit concerns. Businesses in particular have spent less in preparation for a potential slowdown in the British economy. BT's Italian subsidiary also was hit with an accounting scandal. Regardless, the selling is way overdone, as the company remains strongly profitable (11x trailing earnings) and has maintained its greater than 6% dividend yield despite the share price decline. Make no mistake, BT stock is a blue chip telecom to buy at a deep discount. At the time of this writing, Ian Bezek owned TEF, BT, and VOD stock. You can reach him on Twitter at @irbezek. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Key Emerging-Market Stocks to Buy for Contrarian Investors * 7 Stocks at Risk of the Global Smartphone Slowdown * 7 Pharmaceutical Stocks That Just Raised Prices This Year Compare Brokers The post The 5 Best Telecom Stocks to Buy Now appeared first on InvestorPlace.
What’s Expected for Charter Communications’ Q4 2018 Results (Continued from Prior Part) ## Analysts’ target prices Of the 28 analysts covering Charter Communications (CHTR), 21 recommend “buy,” one recommends “sell,” and six recommend “hold.” Their 12-month median target price of $365 implies a 22.6% upside from the stock’s January 9 price of $297.64. Charter has returned -16.1% in the last year, -5.7% in the last month, and 3.4% in the last five trading days. In comparison, Sprint (S), Verizon (VZ), and AT&T (T) have returned 4%, 1.8%, and 1.9%, respectively, in the last five trading days. ## Bollinger Band and moving average convergence divergence Charter stock’s January 9 closing price of $297.64 is near its midrange Bollinger Band of $296.47, implying the stock is neither oversold nor overbought. Charter’s 14-day MACD (moving average convergence divergence) is 9.65, while AT&T’s is 1.24, Verizon’s is 1.62, and Sprint’s is 0.30. A stock’s MACD marks changes between its short- and long-term moving averages. Charter’s positive MACD denotes an upward trading trend. Continue to Next Part Browse this series on Market Realist: * Part 1 - What’s Expected for Charter Communications’ Q4 2018 Results * Part 2 - Charter’s Q4 2018 Revenue: Analysts’ Expectations * Part 3 - A Look at Charter’s Expected EBITDA Growth in Q4 2018
What’s Expected for Charter Communications’ Q4 2018 Results (Continued from Prior Part) ## Charter’s scale As shown in the chart below, Verizon (VZ) was the largest US telecom company as of January 9, with a market capitalization of $235.7 billion. It was followed by AT&T (T) at $219.1 billion. Meanwhile, Charter Communications’ (CHTR) market capitalization was $68.1 billion. ## Charter’s valuation metrics Valuation is represented by price- and earnings-based multiples. On January 9, Charter’s TTM ( trailing-12-month) EV1-to-EBITDA multiple was ~9.49x, while AT&T’s, Verizon’s, Sprint’s (S), and T-Mobile’s (TMUS) TTM EV-to-EBITDA multiples were ~7.41x, ~7.44x, ~4.74x, and ~7.60x, respectively. Charter expects its EV-to-EBITDA multiple to be ~8.86x in 2019 and ~8.24x in 2020. Its PE multiple is ~52.64x, and Charter expects it to be ~39.15x in 2019 and ~22.21x in 2020. ## Short interest ratio As of January 9, Charter stock’s short interest as a percentage of float (or short interest ratio) was ~5.8%. A stock having a short interest ratio above 40% suggests investors and traders foresee a fall in its price. 1. enterprise value ↩ Continue to Next Part Browse this series on Market Realist: * Part 1 - What’s Expected for Charter Communications’ Q4 2018 Results * Part 2 - Charter’s Q4 2018 Revenue: Analysts’ Expectations * Part 3 - A Look at Charter’s Expected EBITDA Growth in Q4 2018
Companies spend millions of dollars on ads at the Super Bowl, in the hope that the event's vast audience will buy their new products and services. Last year's advertisers included Verizon VZ , T-Mobile TMUS , Netflix NFLX and Sprint S .
Key Questions as Facebook Gets Ready to Report Q4 Results (Continued from Prior Part) ## Samsung installs permanent version of Facebook app Facebook (FB) is gearing up to release its fourth-quarter 2018 results at a time when it has emerged that the company struck a deal with Samsung (SSNLF) to pre-install a permanent version of its flagship social network app in some Galaxy smartphones, according to a Bloomberg report. The version cannot be deleted from the device, leaving users only with the option to disable it. But that has alarmed some people, who have taken to social networks to complain. ## The top smartphone company Samsung is the world’s top smartphone company by device sales, according to data from Gartner. It shipped 73.4 million smartphones globally in the third quarter of 2018, the most recently reported period. Huawei, Apple, and Xiaomi shipped 52.2 million, 45.7 million, and 33.2 million smartphones, respectively, in the third quarter. ## Pre-installing apps on popular phones In the tight race to win customers, Internet companies like Facebook have taken to partnering with leading manufacturers to build phones that come complete with their apps pre-installed. For example, Spotify (SPOT) last year secured a deal that makes it the preferred music app on Samsung devices. Another emerging trend is that mobile operators are ordering custom devices directly from phone makers. For example, Verizon (VZ) and AT&T (T) are working with Samsung to produce smartphones that can run on their 5G networks. Sprint (S) is also collaborating with LG Electronics on making a 5G-capable phone. Facebook closed the third quarter with 1.5 billion daily active users worldwide. Continue to Next Part Browse this series on Market Realist: * Part 1 - Did Facebook’s Revenue Continue to Grow in Q4? * Part 2 - Did Facebook’s Profitability Improve in Q4? * Part 3 - How Facebook’s Advertising Base Is Trending