AT&T, Inc. [NYSE: T] surged by $0.29 during the normal trading session on while it closed the day at $18.40.
AT&T, Inc. stock has also gained 4.13% of its value over the past 7 days. However, T stock has inclined by 7.23% in the 3 months of the year. Over the past six months meanwhile, it has gained 10.78% and gained 9.65% year-on date.
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The market cap for T stock reached $131.93 billion, with 7.17 billion shares outstanding and 7.16 billion shares in the current float. Compared to the average trading volume of 33.94M shares, T reached a trading volume of 69290772 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 $19.70 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 2.21. 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.
Exane BNP Paribas have made an estimate for AT&T, Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 11, 2024. The new note on the price target was released on April 29, 2024, representing the official price target for AT&T, Inc. stock. Previously, the target price had yet another raise to $21, while Wolfe Research analysts kept a Outperform rating on T stock. On February 01, 2024, analysts increased their price target for T shares from 18 to 21.
The Average True Range (ATR) for AT&T, Inc. is set at 0.32, with the Price to Sales ratio for T stock in the period of the last 12 months amounting to 1.08. The Price to Book ratio for the last quarter was 1.26, with the Price to Cash per share for the same quarter was set at 0.50. Price to Free Cash Flow for T in the course of the last twelve months was 6.02 with Quick ratio for the last quarter at 0.51.
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 4.13. With this latest performance, T shares gained by 6.54% in over the last four-week period, additionally plugging by 10.78% over the last 6 months – not to mention a rise of 17.87% 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 65.73, with the RSI for the last a single of trading hit 69.79, and the three-weeks RSI is set at 63.20 for AT&T, Inc. [T]. The present Moving Average for the last 50 days of trading for this stock 17.26, while it was recorded at 17.97 for the last single week of trading, and 16.53 for the last 200 days.
AT&T, Inc. [T]: An insightful look at the core fundamentals
AT&T, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.51 and a Current Ratio set at 0.56.
Earnings per share (EPS) analysis for AT&T, Inc. [T] stock
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 1.22%.
AT&T, Inc. [T]: Institutional Ownership
There are presently around $92.0 billion, or None% of T stock, in the hands of institutional investors. The top three institutional holders of T stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in T stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in T stock with ownership which is approximately 5.8386%.
