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The closing price of AT&T, Inc. (NYSE: T) was $17.17 for the day, down -0.06% from the previous closing price of $17.18. In other words, the price has decreased by -$0.06 from its previous closing price. On the day, 18.72 million shares were traded. T stock price reached its highest trading level at $17.22 during the session, while it also had its lowest trading level at $17.12.
Ratios:
Our analysis of T’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 34.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.62. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 0.56. In the meantime, Its Debt-to-Equity ratio is 1.44 whereas as Long-Term Debt/Eq ratio is at 1.37.
On March 05, 2024, Wolfe Research Upgraded its rating to Outperform which previously was Peer Perform but kept the price unchanged to $21.
JP Morgan Upgraded its Neutral to Overweight on February 01, 2024, whereas the target price for the stock was revised from $18 to $21.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 13 ’23 when LUCZO STEPHEN J bought 62,500 shares for $15.55 per share. The transaction valued at 971,875 led to the insider holds 395,500 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, T now has a Market Capitalization of 123111817216 and an Enterprise Value of 287656738816. As of this moment, AT&T,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.20, and their Forward P/E ratio for the next fiscal year is 7.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.01 while its Price-to-Book (P/B) ratio in mrq is 1.18. Its current Enterprise Value per Revenue stands at 2.352 whereas that against EBITDA is 6.825.
Stock Price History:
Over the past 52 weeks, T has reached a high of $18.16, while it has fallen to a 52-week low of $13.43. The 50-Day Moving Average of the stock is 1.16%, while the 200-Day Moving Average is calculated to be 7.03%.
Shares Statistics:
T traded an average of 35.93M shares per day over the past three months and 28912030 shares per day over the past ten days. A total of 7.17B shares are outstanding, with a floating share count of 7.16B. Insiders hold about 0.11% of the company’s shares, while institutions hold 58.38% stake in the company. Shares short for T as of 1714435200 were 88587051 with a Short Ratio of 2.47, compared to 1711584000 on 105154809. Therefore, it implies a Short% of Shares Outstanding of 88587051 and a Short% of Float of 1.24.
Dividends & Splits
With its trailing 12-month dividend rate of 1.11, T has a forward annual dividend rate of 1.11. Against a Trailing Annual Dividend Yield of 0.06461001The stock’s 5-year Average Dividend Yield is 7.12.
