AT&T, Inc. (T)’s Stock Price Falls Due To Weak Fundamental Momentum

AT&T, Inc. (NYSE:T) has a beta value of 0.56 and has seen 8.48 million shares traded in the recent trading session. The company, currently valued at $127.95B, closed the recent trade at $17.84 per share which meant it lost -$0.26 on the day or -1.41% during that session. The T stock price is -3.42% off its 52-week high price of $18.45 and 24.72% above the 52-week low of $13.43. The 3-month trading volume is 35.09 million shares.

AT&T, Inc. (NYSE:T) trade information

Sporting -1.41% in the red today, the stock has traded in the red over the last five days, when the T stock price touched $17.84 or saw a rise of 3.31%. Year-to-date, AT&T, Inc. shares have moved 6.35%, while the 5-day performance has seen it change -0.92%. Over the past 30 days, the shares of AT&T, Inc. (NYSE:T) have changed 3.87%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

AT&T, Inc. (T) estimates and forecasts

Figures show that AT&T, Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained 4.42% over the past 6 months, with this year growth rate of -7.05%, compared to -0.10% for the industry. Revenue growth from the last financial year stood is estimated to be 0.30%.

14 analysts offering their estimates for the company have set an average revenue estimate of 30.03B for the current quarter. 14 have an estimated revenue figure of 30.45B for the next ending quarter.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -7.15% over the past 5 years. Earnings growth for 2024 is a modest -7.81% while over the next 5 years, the company’s earnings are expected to increase by 1.22%.

T Dividends

AT&T, Inc. is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.11 at a share yield of 6.22%. The company’s dividend yield has gone up over the past 12 months.