AT&T Inc. [NYSE: T] jumped around 0.29 points on Friday, while shares priced at $19.23 at the close of the session, up 1.53%. The company report on January 18, 2023 that Northrop Grumman, AT&T and Fujitsu Demonstrate New 5G-powered Open Architecture Capabilities to Support Joint Force.
Northrop Grumman, AT&T and Fujitsu Demonstrate New 5G-powered Open Architecture Capabilities to Support Joint Force.
AT&T Inc. stock is now 4.45% up from its year-to-date (YTD) trading value. T Stock saw the intraday high of $19.23 and lowest of $18.77 per share. The company’s 52-week high price is 21.53, which means current price is +4.45% above from all time high which was touched on 01/06/23.
Compared to the average trading volume of 42.23M shares, T reached a trading volume of 37805429 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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 $20.54 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 2.60. 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.
Wells Fargo have made an estimate for AT&T Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on January 10, 2023. The new note on the price target was released on December 19, 2022, representing the official price target for AT&T Inc. stock. Previously, the target price had yet another raise to $20, while Morgan Stanley analysts kept a Equal-Weight rating on T stock.
The Average True Range (ATR) for AT&T Inc. is set at 0.37, with the Price to Sales ratio for T stock in the period of the last 12 months amounting to 1.04. The Price to Book ratio for the last quarter was 1.12, with the Price to Cash per share for the same quarter was set at 0.35. Price to Free Cash Flow for T in the course of the last twelve months was 90.17 with Quick ratio for the last quarter at 0.50.
How has T stock performed recently?
AT&T Inc. [T] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.93. With this latest performance, T shares gained by 7.67% in over the last four-week period, additionally plugging by 1.64% over the last 6 months – not to mention a drop of -6.90% 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 54.89, with the RSI for the last a single of trading hit 54.57, and the three-weeks RSI is set at 55.10 for AT&T Inc. [T]. The present Moving Average for the last 50 days of trading for this stock 18.90, while it was recorded at 19.21 for the last single week of trading, and 18.71 for the last 200 days.
AT&T Inc. [T]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and AT&T Inc. [T] shares currently have an operating margin of +16.85 and a Gross Margin at +39.20. AT&T Inc.’s Net Margin is presently recorded at +11.89.
Return on Equity for this stock inclined to 12.24, with Return on Assets sitting at 3.73.
AT&T Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 0.60.
Earnings analysis for AT&T Inc. [T]
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 -4.67%.
Insider trade positions for AT&T Inc. [T]
There are presently around $71,663 million, or 54.40% of T stock, in the hands of institutional investors. The top three institutional holders of T stocks are: VANGUARD GROUP INC with ownership of 600,524,205, which is approximately 0.653% of the company’s market cap and around 0.14% of the total institutional ownership; BLACKROCK INC., holding 495,169,822 shares of the stock with an approximate value of $9.52 billion in T stocks shares; and STATE STREET CORP, currently with $5.4 billion in T stock with ownership of nearly 1.603% of the company’s market capitalization.
Positions in AT&T Inc. stocks held by institutional investors increased at the end of January and at the time of the January reporting period, where 1,168 institutional holders increased their position in AT&T Inc. [NYSE:T] by around 171,744,421 shares. Additionally, 1,140 investors decreased positions by around 200,252,838 shares, while 192 investors held positions by with 3,354,639,690 shares. The mentioned changes placed institutional holdings at 3,726,636,949 shares, according to the latest SEC report filing. T stock had 138 new institutional investments in for a total of 23,678,397 shares, while 152 institutional investors sold positions of 28,789,625 shares during the same period.