As of Wednesday close, AT&T Inc.’s (NYSE:T) stock was up $0.09, moving up 0.47 percent to $19.09. The average number of shares traded per day over the past five days has been 31,477,480 shares. 2 times new highs have been achieved over the past 5 days, with a $0.16 gain in that time frame. In the last twenty days, the average volume was 41,777,629, while in the previous 50 days, it was 48,276,805.
Since last month, T stock rose 7.91%. Shares of the company fell to $17.39 on 10/24/22, the lowest level in the past month. A 52-week high of $21.53 was reached on 05/26/22 after having rallying from a 52-week low of $14.46. Since the beginning of this year, T’s stock price has risen by 2.50% or $0.52, and marked a new high 11 times. However, the stock has declined by -11.33% since its 52-week high.
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Right now, AT&T Inc. (T) has a P/E ratio of about 7.03. The stock’s beta is 0.56. Besides these, the trailing price-to-sales (P/S) ratio of 1.04, the price-to-book (PB) ratio of 1.12, and the price-to-cash flow ratio of 3.31 may also be considered.
The latest dividend of $0.2775 per share was paid out, remained unchanged from last year’s $0.2775. On Tuesday June 28 2022, a $0.0005 dividend decrease was announced.
In the three months ended September 29, AT&T Inc.’s quick ratio stood at 0.50, while its current ratio was 0.60, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 1.01, and the total debt-to-equity ratio was 1.06. On the profitability front, the trailing twelve-month gross margin is 56.20% percent. In the year ended September 29, operating margins totaled 16.70%. Based on annual data, T earned $23.35 billion in gross profit and brought in $168.86 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 5.20%. Return on equity (ROE) for the past 12 months was 13.80%.
In AT&T Inc.’s quarter-end financial report for September 29, it reported total debt of $123.85 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. T’s revenue fell -32.88% to $29.64 billion during the quarter, while net income inched up to $30.04 billion. While analysts expected AT&T Inc. to report $0.61 quarterly earnings, the actual figure was $0.68 per share, beating the consensus estimate by 11.50%. During the quarter, the company generated $10.53 billion in EBITDA. The liabilities of AT&T Inc. were 286.49 billion at the end of its most recent quarter ended September 29, and its total debt was $160.6 billion. The value of shareholders’ equity is $7.13 billion.
This quick technical analysis looks at AT&T Inc.’s (T) price momentum. With a historical volatility rate of 8.68%, the RSI 9-day stood at 71.00% on 23 November.
With respect to its five-day moving average, the current AT&T Inc. price is up by +0.85% percent or $0.16. At present, T shares trade +5.24% above its 20-day simple moving average and -9.83% percent below its 100-day simple moving average. However, the stock is currently trading approximately +13.83% above its SMA50 and +5.66% above its SMA200.
Stochastic coefficient K was 68.57% and Stochastic coefficient D was 66.21%, while ATR was 0.35. Given the Stochastic reading of 76.92% for the 14-day period, the RSI (14) reading has been calculated as 69.20%. As of today, the MACD Oscillator reading stands at -0.01, while the 14-day reading stands at 0.16.
Raymond James upgraded its rating on AT&T Inc. (NYSE: T) to a Strong buy in a note to investors on October 24, 2022. The analysts firm previously had an Outperform rating on the stock.AT&T Inc. (T) has been rated Overweight by analysts. According to 2 brokerage firms, T is a sell, and 16 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate AT&T Inc. stock as buy, with 10 recommending it as overweight.
With a median target price of $20.00, the current consensus forecast for the stock is $9.00 – $25.00. Based on these forecasts, analysts predict AT&T Inc. (T) will achieve an average price target of $20.02.