|Bid||37.36 x 1300|
|Ask||37.74 x 600|
|Day's Range||37.20 - 37.61|
|52 Week Range||35.81 - 43.03|
|PE Ratio (TTM)||18.27|
|Dividend & Yield||1.96 (5.24%)|
|1y Target Est||N/A|
While media and telecom companies have voiced their opposition to AT&T merging with Time Warner, they might do best to watch what they say to regulators.
AT&T Inc. (T) entered the U.S. home security and automation market in 2013 in an effort to enhance its connected devices and services offerings.
AT&T (T:NYSE) By Gabelli & Co. ($37.60, Aug. 18, 2017) While we expect the DirecTV deal and the pending Time Warner acquisition to be accretive to free cash flow per share and adjusted earnings per share and to improve AT&T’s growth profile and dividend-payout ratio over the next few years, we believe these factors are already largely reflected in the current stock price. AT&T’s (T) Mexican wireless business may have meaningful upside in the long-run, but we expect it to be largely FCF-dilutive over the next several years. AT&T appears fairly valued on a standalone basis and pro forma for the Time Warner (TWX) deal.