AT&T Inc. (NYSE: T) is 2.36% higher on its value in year-to-date trading and has touched a low of $26.08 and a high of $39.55 in the current 52-week trading range. The T stock was last observed hovering at around $28.76 in the last trading session, with the day’s gains setting it 0.68% off its average median price target of $31.00 for the next 12 months. It is also 22.53% off the consensus price target high of $38.00 offered by 28 analysts, but current levels are -73.18% lower than the price target low of $17.00 for the same period.
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Currently trading at $29.44, the stock is -0.54% and 2.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 65.13 million and changing 2.36% at the moment leaves the stock 0.08% off its SMA200. T registered -24.63% loss for a year compared to 6-month loss of -3.44%. The firm has a 50-day simple moving average (SMA 50) of $29.31 and a 200-day simple moving average (SMA200) of $29.13.
The stock witnessed a 1.20% gain in the last 1 month and extending the period to 3 months gives it a 2.65%, and is 2.61% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.37% over the week and 1.81% over the month.
AT&T Inc. (T) has around 235000 employees, a market worth around $207.82B and $172.89B in sales. Current P/E ratio is 19.37 and Fwd P/E is 9.25. Profit margin for the company is 6.30%. Distance from 52-week low is 12.88% and -25.56% from its 52-week high. The company has generated returns on investments over the last 12 months (7.00%).
AT&T Inc. (T) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for AT&T Inc. (T) is a “Hold”. 28 analysts offering their recommendations for the stock have an average rating of 2.90, where 17 rate it as a Hold and 2 think it is a “Overweight”. 5 of the analysts rate the stock as a “Buy”. 4 analysts have rated the stock as a Sell or Underperform.
AT&T Inc. is expected to release its quarterly report on 04/28/2021 and quarterly earnings per share for the current quarter are estimated at $0.73 with sales reaching $44.54B over the same period.The EPS is expected to shrink by -30.90% this year, but quarterly earnings will post -5.90% year-over-year. Quarterly sales are estimated to shrink -4.90% in year-over-year returns.
AT&T Inc. (T) Top Institutional Holders
3,006 institutions hold shares in AT&T Inc. (T), with 5.49M shares held by insiders accounting for 0.08% while institutional investors hold 53.58% of the company’s shares. The shares outstanding are 7.15B, and float is at 7.12B with Short Float at 1.81%. Institutions hold 53.53% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 561.17 million shares valued at $16.0 billion. The investor’s holdings represent 7.88% of the T Shares outstanding. As of Sep 29, 2020, the second largest holder is Blackrock Inc. with 481.9 million shares valued at $13.74 billion to account for 6.76% of the shares outstanding. The other top investors are State Street Corporation which holds 293.99 million shares representing 4.13% and valued at over $8.38 billion, while Newport Trust Co holds 2.80% of the shares totaling 199.39 million with a market value of $5.68 billion.
AT&T Inc. (T) Insider Activity
The most recent transaction is an insider purchase by LUCZO STEPHEN J, the company’s Director. SEC filings show that LUCZO STEPHEN J bought 100,000 shares of the company’s common stock on Jul 23 at a price of $29.69 per share for a total of $2.97 million. Following the purchase, the insider now owns 0.3 million shares.
AT&T Inc. disclosed in a document filed with the SEC on Apr 24 that YANG GEOFFREY Y (Director) bought a total of 6,754 shares of the company’s common stock. The trade occurred on Apr 24 and was made at $29.39 per share for $0.2 million. Following the transaction, the insider now directly holds 77011.0 shares of the T stock.
Still, SEC filings show that on Apr 22, LUCZO STEPHEN J (Director) acquired 36,000 shares at an average price of $29.38 for $1.06 million. The insider now directly holds 200,000 shares of AT&T Inc. (T).
AT&T Inc. (T): Who are the competitors?
The company’s main competitors (and peers) include Lumen Technologies Inc. (LUMN) that is trading -22.80% down over the past 12 months. Shenandoah Telecommunications Company (SHEN) is 6.44% up on the 1-year trading charts. Short interest in the company’s stock has fallen -10.31% from the last report on Nov 12, 2020 to stand at a total of 142.35 million short shares sold with a short interest ratio of 3.34.