|Bid||52.88 x 800|
|Ask||53.38 x 1000|
|Day's Range||52.46 - 53.37|
|52 Week Range||43.97 - 54.77|
|PE Ratio (TTM)||7.06|
|Forward Dividend & Yield||2.36 (4.48%)|
|1y Target Est||N/A|
CNBC Exclusive: CNBC Transcript: Verizon CEO Hans Vestberg Speaks with CNBC’s “Squawk Box” Today|| 105399333
Looking for a stock at a good value, that provides a steady income and allows you to sleep at night? These three companies fit the bill.
Hans Vestberg talked up his network and wouldn't concede a competitive disadvantage to AT&T, Time Warner
Corey Lewandowski, President Donald Trump's former campaign manager, touted on Wednesday benefits he sees in federal government approval of T-Mobile US Inc's bid to acquire Sprint Corp, while also denying that he has worked directly for the company. Lewandowski said he remains in regular contact with the president and has daily contact with Trump's new campaign manager Brad Parscale.
Now let’s take a look at T-Mobile’s (TMUS) adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) growth trend over the last few quarters. The telecom company’s adjusted EBITDA expanded significantly YoY from $3.0 billion in the second quarter of 2017 to $3.2 billion in the second quarter of 2018.
AT&T (T) has taken full ownership of Otter Media, the digital branding and media company it co-owned with Chernin Group. Otter Media was founded in 2014. Although AT&T didn’t disclose how much it paid for the remaining stake in Otter Media, the telecom giant suggested that it didn’t have to break the bank to close the deal.
Of the 32 analysts covering AT&T (T) stock on August 6, 11 recommended “buy,” three recommended “sell,” and 18 (~56%) recommended “hold.” Their 12-month target price of $35.91 for AT&T implies a 12% return based on its August 6 closing price of $32.11. In the last five trading days, AT&T stock has returned 0.3%, while Sprint (S), Verizon (VZ), and T-Mobile (TMUS) have returned 12.6%, -0.1%, and 10.8%, respectively.
Amazon (AMZN) has launched a curbside pickup service for customers who shop online for groceries at its Whole Foods stores. The service is available to Amazon Prime subscribers and is initially rolling out in Sacramento, California, and Virginia Beach, Virginia. Amazon’s curbside pickup service lets customers collect their orders from a Whole Foods store of their choice without leaving the car.
Service revenue is a stable revenue stream for wireless carriers such as T-Mobile (TMUS), Verizon (VZ), AT&T (T), and Sprint (S). In the second quarter, T-Mobile once again led the US wireless sector in YoY (year-over-year) service revenue percentage growth.