AT&T, Inc (NYSE: T) is -0.75% lower on its value in year-to-date trading and has touched a low of $15.94 and a high of $24.03 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 $22.67 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $22.60, the stock is -1.69% and -0.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 34.4 million and changing -0.31% at the moment leaves the stock 13.54% off its SMA200. T registered 31.78% gain for a year compared to 6-month gain of 20.15%. The firm has a 50-day simple moving average (SMA 50) of $22.7634 and a 200-day simple moving average (SMA200) of $19.8779.
The stock witnessed a -3.95% loss in the last 1 month and extending the period to 3 months gives it a 3.15%, and is -1.14% 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 1.34% over the week and 1.69% over the month.
AT&T, Inc (T) has around 149900 employees, a market worth around $161.03B and $122.06B in sales. Current P/E ratio is 18.37 and Fwd P/E is 10.51. Profit margin for the company is 7.25%. Distance from 52-week low is 41.78% and -5.95% from its 52-week high. The company has generated returns on investments over the last 12 months (3.60%).
The EPS is expected to shrink by -8.78% this year.
AT&T, Inc (T) Top Institutional Holders
3011.0 institutions hold shares in AT&T, Inc (T), with institutional investors hold 62.35% of the company’s shares. The shares outstanding are 7.17B, and float is at 7.16B with Short Float at 1.49%. Institutions hold 62.30% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 629.67 million shares valued at $12.03 billion. The investor’s holdings represent 8.7502% of the T Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 527.05 million shares valued at $$10.07 billion to account for 7.3283 of the shares outstanding. The other top investors are STATE STREET CORP which holds 322.14 million shares representing 4.4791% and valued at over $6.16 billion, while NEWPORT TRUST CO holds 2.7512 of the shares totaling 197.98 million with a market value of $3.78 billion.
AT&T, Inc (T) Insider Activity
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