In recent trading session, AT&T, Inc (NYSE:T) saw 0.96 million shares changing hands at last check today with its beta currently measuring 0.58. Company’s recent per share price level of $23.20 trading at -$0.07 or -0.30% at last check today assigns it a market valuation of $166.47B. That most recent trading price of T’s stock is at a discount of -0.78% from its 52-week high price of $23.38 and is indicating a premium of 31.29% from its 52-week low price of $15.94. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 32.87 million shares which gives us an average trading volume of 34.78 million if we extend that period to 3-months.
For AT&T, Inc (T), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.25. Splitting up the data highlights that, out of 25 analysts covering the stock, 1 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 18 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.49 in the current quarter.
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AT&T, Inc (NYSE:T) trade information
Upright in the red during last session for losing -0.30%, in the last five days T remained trading in the green while hitting it’s week-highest on Wednesday, 11/27/24 when the stock touched $23.20 price level, adding 0.77% to its value on the day. AT&T, Inc’s shares saw a change of 38.26% in year-to-date performance and have moved 0.96% in past 5-day. AT&T, Inc (NYSE:T) showed a performance of 5.36% in past 30-days. Number of shares sold short was 107.43 million shares which calculate 3.15 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 24 to the stock, which implies a rise of 3.33% to its recent value today. Analysts have been projecting 19 as a low price target for the stock while placing it at a high target of 41. It follows that stock’s current price would jump 18.1% in reaching the projected high whereas dropping to the targeted low would mean a gain of 18.1% for stock’s current value.
AT&T, Inc (T) estimates and forecasts
Statistics highlight that AT&T, Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 27.33% of value to its shares in past 6 months, showing an annual growth rate of -7.88% while that of industry is -2.00. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -0.20% from the last financial year’s standing.
15 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 31.99B for the same. And 8 analysts are in estimates of company making revenue of 30.45B in the next quarter. Company posted 32.02B and 30.03B of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -7.15% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -8.14% while estimates for its earnings growth in next 5 years are of 1.20%.
T Dividends
AT&T, Inc is more likely to be releasing its next quarterly report in December and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 4.78%, the share has a forward dividend of 1.11 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 7.09%.
AT&T, Inc (NYSE:T)’s Major holders
Insiders are in possession of 0.08% of company’s total shares while institution are holding 62.29 percent of that, with stock having share float percentage of 62.34%. Investors also watch the number of corporate investors in a company very closely, which is 62.29% institutions for AT&T, Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at T for having 629.67 million shares of worth $12.03 billion. And as of 2024-06-30, it was holding 8.7502 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 527.05 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.3283 of outstanding shares, having a total worth of $10.07 billion.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 30, 2024 , the former fund manager was holding 226.42 shares of worth $5.23 billion or 3.16% of the total outstanding shares. The later fund manager was in possession of 187.79 shares on Sep 30, 2024 , making its stake of worth around $4.34 billion in the company or a holder of 2.62% of company’s stock.
