AT&T Inc. (NYSE: T) is -12.81% lower on its value in year-to-date trading and has touched a low of $16.25 and a high of $21.53 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The T stock was last observed hovering at around $16.25 in the last trading session, with the day’s loss setting it -0.01% off its average median price target of $22.00 for the next 12 months. It is also 37.54% off the consensus price target high of $26.00 offered by 30 analysts, but current levels are -62.4% lower than the price target low of $10.00 for the same period.
Currently trading at $16.24, the stock is -5.40% and -10.51% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 37.67 million and changing -0.06% at the moment leaves the stock -14.13% off its SMA200. T registered -20.59% loss for a year compared to 6-month gain of -7.58%.
The stock witnessed a -10.08% loss in the last 1 month and extending the period to 3 months gives it a -21.20%, and is -3.10% down 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 1.68% over the week and 1.74% over the month.
AT&T Inc. (T) has around 203000 employees, a market worth around $115.86B and $140.24B in sales. Current P/E ratio is 5.93 and Fwd P/E is 6.48. Profit margin for the company is 14.10%. Distance from 52-week low is -0.06% and -24.57% from its 52-week high. The company has generated returns on investments over the last 12 months (5.20%).
AT&T Inc. (T) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for AT&T Inc. (T) is a “Hold”. 30 analysts offering their recommendations for the stock have an average rating of 2.70, where 18 rate it as a Hold and 2 think it is a “Overweight”. 7 of the analysts rate the stock as a “Buy”. 2 analysts have rated the stock as a Sell or Underperform.
AT&T Inc. is expected to release its quarterly report on 10/20/2022.The EPS is expected to grow by 468.40% this year
AT&T Inc. (T) Top Institutional Holders
The shares outstanding are 7.17B, and float is at 7.12B with Short Float at 1.09%.
AT&T Inc. (T) Insider Activity
A total of 60 insider transactions have happened at AT&T Inc. (T) in the last six months, with sales accounting for 1 and purchases happening 59 times. 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 Nov 08 at a price of $25.04 per share for a total of $2.5 million. Following the purchase, the insider now owns 0.45 million shares.
AT&T Inc. (T): Who are the competitors?
The company’s main competitors (and peers) include Netflix Inc. (NFLX) that is trading -59.87% down over the past 12 months and The Walt Disney Company (DIS) that is -41.17% lower over the same period. Comcast Corporation (CMCSA) is -42.04% down on the 1-year trading charts.