The Insider Activity Of AT&T Inc. (T) Is Worth Monitoring

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AT&T Inc. (NYSE:T) finished Thursday with an addition of $0.23 to close at $18.45, an upside of 1.26 percent. An average of 27,710,961 shares of common stock have been traded in the last five days. There was a gain of $0.30 in the past week, and it reached a new high 12 times over the past 12 months. The last 20 days have seen an average of 39,890,844 shares traded, while the 50-day average volume stands at 43,936,980.

T stock has decreased by -2.95% in the last month. The company shares reached their 1-month lowest point of $17.64 on 12/19/22. With the stock rallying to its 52-week high on 05/26/22, shares of the company touched a low of $14.46 and a high of $21.53 in 52 weeks. It has reached a new high 11 times so far this year and lost -0.94% or -$0.12 in price. In spite of this, the price is down -14.31% from the 52-week high.


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Valuation Metrics

AT&T Inc. (T) has a trailing price-to-earnings (P/E) ratio of 6.79. The stock’s beta is 0.57. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.01, the price-to-book (PB) ratio at 1.08, and the price-to-cash flow ratio at 87.65.

The company has a payout ratio of 57.60%. The company’s most recent quarterly dividend payment was $0.2775 a share, without any change from last year. Its latest decrease dividend $0.0005 reported on Tuesday June 28 2022.

Financial Health

The quick ratio of AT&T Inc. for the three months ended September 29 was 0.50, and the current ratio was 0.60, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.01 and a total debt to equity ratio of 1.06 for the quarter ending September 29. Its gross profit as reported stood at $23.35 billion compared to revenue of $168.86 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, AT&T Inc.’s return on assets was 4.00%.

Earnings Surprise

For the three-month period that ended September 29, AT&T Inc. had $123.85 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $5.98 billion in the quarter, while revenues of $4.11 billion were grew 1.82%. The analyst consensus anticipated AT&T Inc.’s latest quarter earnings to come in at $0.61 per share, but it turned out to be $0.68, a 11.50% surprise. For the quarter, EBITDA amounted to $10.53 billion. Shareholders own equity worth $7.13 billion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at AT&T Inc. (T) price momentum. RSI 9-day as of the close on 29 December was 48.14%, suggesting the stock is Neutral, with historical volatility in this time frame at 22.46%.

As of today, T’s price is $18.34 +1.65% or $0.30 from its 5-day moving average. T is currently trading -4.30% lower than its 20-day SMA and +2.50% higher than its 100-day SMA. However, the stock’s current price level is +18.27% above the SMA50 and +5.87% above the SMA200.

The stochastic %K and %D were 39.50% and 38.28%, respectively, and the average true range (ATR) was 0.35. With the 14-day stochastic at 43.70% and the average true range at 0.36, the RSI (14) stands at 48.60%. The stock has reached 0.12 on the 9-day MACD Oscillator while the 14-day reading was at -0.13.

Analyst Ratings

MoffettNathanson downgraded AT&T Inc. (NYSE: T) to a an Underperform rating in its most recent analyst report. Previously, the stock was rated as a Market perform. The consensus rating for AT&T Inc. (T) among analysts is Hold. According to current brokerage recommendations, 3 brokerage firms advise that investors sell T, while 13 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 10 others rate it as a “buy”.

What is T’s price target for the next 12 months?

Analysts predict a range of price targets between $9.00 and $25.00, with a median target of $20.00. Taking a look at these predictions, the average price target given by analysts for AT&T Inc. (T) stock is $20.08.

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