AT&T Inc. [T] Revenue clocked in at $172.92 billion, up 11.82% YTD: What’s Next?

AT&T Inc. [NYSE: T] price plunged by -0.77 percent to reach at -$0.25. The company report on May 7, 2021 that AT&T to Webcast Jason Kilar Keynote at MoffettNathanson Media & Communications Summit on May 13.

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AT&T Inc.* (NYSE:T) will webcast a keynote address by Jason Kilar, CEO, WarnerMedia LLC, at the MoffettNathanson Media & Communications Summit on May 13, 2021. The presentation will be held virtually and is scheduled to begin at 12:00 p.m. ET.

The webcast will be available live and for replay at AT&T Investor Relations. Viewers should start the webcast a few minutes before the planned start time in case the conference schedule changes.

A sum of 28930826 shares traded at recent session while its average daily volume was at 41.52M shares. AT&T Inc. shares reached a high of $32.36 and dropped to a low of $32.06 until finishing in the latest session at $32.16.

The one-year T stock forecast points to a potential downside of -7.31. The average equity rating for T stock is currently 2.90, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on AT&T Inc. [T]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for T shares is $29.97 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on T stock is a recommendation set at 2.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Oppenheimer have made an estimate for AT&T Inc. shares, keeping their opinion on the stock as Perform, with their previous recommendation back on February 25, 2021. The new note on the price target was released on January 04, 2021, representing the official price target for AT&T Inc. stock. Previously, the target price had yet another raise to $34, while Morgan Stanley analysts kept a Equal-Weight rating on T stock. On October 23, 2020, analysts decreased their price target for T shares from 33 to 31.

The Average True Range (ATR) for AT&T Inc. is set at 0.46, with the Price to Sales ratio for T stock in the period of the last 12 months amounting to 1.32. The Price to Book ratio for the last quarter was 1.42, with the Price to Cash per share for the same quarter was set at 1.37. Price to Free Cash Flow for T in the course of the last twelve months was 17.58 with Quick ratio for the last quarter at 0.80.

T Stock Performance Analysis:

AT&T Inc. [T] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.39. With this latest performance, T shares gained by 7.20% in over the last four-week period, additionally plugging by 18.93% over the last 6 months – not to mention a rise of 11.32% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for T stock in for the last two-week period is set at 68.19, with the RSI for the last a single of trading hit 71.12, and the three-weeks RSI is set at 65.41 for AT&T Inc. [T]. The present Moving Average for the last 50 days of trading for this stock 30.25, while it was recorded at 32.02 for the last single week of trading, and 29.28 for the last 200 days.

Insight into AT&T Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and AT&T Inc. [T] shares currently have an operating margin of +14.97 and a Gross Margin at +36.87. AT&T Inc.’s Net Margin is presently recorded at -3.01.

Return on Total Capital for T is now 6.83, given the latest momentum, and Return on Invested Capital for the company is -1.49. Return on Equity for this stock declined to -2.99, with Return on Assets sitting at -0.96. When it comes to the capital structure of this company, AT&T Inc. [T] has a Total Debt to Total Equity ratio set at 113.18. Additionally, T Total Debt to Total Capital is recorded at 53.09, with Total Debt to Total Assets ending up at 34.80. Long-Term Debt to Equity for the company is recorded at 108.85, with the Long-Term Debt to Total Capital now at 51.06.

Reflecting on the efficiency of the workforce at the company, AT&T Inc. [T] managed to generate an average of -$22,504 per employee. Receivables Turnover for the company is 6.93 with a Total Asset Turnover recorded at a value of 0.32.AT&T Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 0.80.

T Stock EPS

With the latest financial reports released by the company, AT&T Inc. posted 0.83/share EPS, while the average EPS was predicted by analysts to be reported at 0.79/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 5.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for T. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for AT&T Inc. go to 1.10%.

AT&T Inc. [T] Insider Position Details

There are presently around $119,904 million, or 53.00% of T stock, in the hands of institutional investors. The top three institutional holders of T stocks are: VANGUARD GROUP INC with ownership of 556,695,212, which is approximately -0.798% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 492,116,917 shares of the stock with an approximate value of $15.95 billion in T stocks shares; and STATE STREET CORP, currently with $9.33 billion in T stock with ownership of nearly -2.098% of the company’s market capitalization.

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Positions in AT&T Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 1,280 institutional holders increased their position in AT&T Inc. [NYSE:T] by around 137,748,244 shares. Additionally, 1,269 investors decreased positions by around 149,982,449 shares, while 163 investors held positions by with 3,411,870,309 shares. The mentioned changes placed institutional holdings at 3,699,601,002 shares, according to the latest SEC report filing. T stock had 225 new institutional investments in for a total of 21,775,140 shares, while 118 institutional investors sold positions of 17,775,059 shares during the same period.

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