AT&T Inc. [NYSE: T] closed the trading session at $29.32 on 06/11/21. The day’s price range saw the stock hit a low of $29.13, while the highest price level was $29.35. The company report on June 9, 2021 that AT&T to Webcast Talk with Thaddeus Arroyo at Bank of America Telecom, Media & Internet Conference on June 16.
AT&T Inc.* (NYSE:T) will webcast a talk with Thaddeus Arroyo, chief executive officer, AT&T Consumer, at the Bank of America Telecom, Media & Internet Conference on Wednesday, June 16, 2021. The presentation will be held virtually and is scheduled to begin at 11:00 a.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.
The stocks have a year to date performance of 1.95 percent and weekly performance of 0.17 percent. The stock has been moved at -6.80 percent over the last six months. The stock has performed -8.29 percent around the most recent 30 days and changed -1.64 percent over the most recent 3-months.
If compared to the average trading volume of 47.31M shares, T reached to a volume of 31020060 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about 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 $30.56 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 2.80. 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.
UBS have made an estimate for AT&T Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 21, 2021. The new note on the price target was released on May 21, 2021, representing the official price target for AT&T Inc. stock.
The Average True Range (ATR) for AT&T Inc. is set at 0.52, with the Price to Sales ratio for T stock in the period of the last 12 months amounting to 1.20. The Price to Book ratio for the last quarter was 1.27, with the Price to Cash per share for the same quarter was set at 1.60. Price to Free Cash Flow for T in the course of the last twelve months was 14.41 with Quick ratio for the last quarter at 0.80.
T stock trade performance evaluation
AT&T Inc. [T] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.17. With this latest performance, T shares dropped by -8.29% in over the last four-week period, additionally sinking by -6.80% over the last 6 months – not to mention a drop of -2.82% 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 41.94, with the RSI for the last a single of trading hit 42.68, and the three-weeks RSI is set at 43.30 for AT&T Inc. [T]. The present Moving Average for the last 50 days of trading for this stock 30.44, while it was recorded at 29.11 for the last single week of trading, and 29.31 for the last 200 days.
AT&T Inc. [T]: An insightful look at the core 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.
Earnings per share (EPS) analysis for AT&T Inc. [T] stock
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 1.39%.
AT&T Inc. [T]: Insider Ownership positions
There are presently around $108,011 million, or 52.70% of T stock, in the hands of institutional investors. The top three institutional holders of T stocks are: VANGUARD GROUP INC with ownership of 561,751,567, which is approximately 0.908% 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 $14.43 billion in T stocks shares; and STATE STREET CORP, currently with $8.45 billion in T stock with ownership of nearly 0.075% of the company’s market capitalization.
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 1,287 institutional holders increased their position in AT&T Inc. [NYSE:T] by around 183,221,138 shares. Additionally, 1,273 investors decreased positions by around 199,270,055 shares, while 186 investors held positions by with 3,301,388,876 shares. The mentioned changes placed institutional holdings at 3,683,880,069 shares, according to the latest SEC report filing. T stock had 149 new institutional investments in for a total of 17,549,018 shares, while 121 institutional investors sold positions of 7,922,877 shares during the same period.