Currently, there are 7.18B common shares owned by the public and among those 7.13B shares have been available to trade.
The company’s stock has a 5-day price change of 3.41% and 11.29% over the past three months. T shares are trading 7.77% year to date (YTD), with the 12-month market performance up to 39.35% higher. It has a 12-month low price of $15.94 and touched a high of $24.98 over the same period. T has an average intraday trading volume of 36.15 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.82%, 6.29%, and 19.22% respectively.
Institutional ownership of AT&T, Inc (NYSE: T) shares accounts for 61.96% of the company’s 7.18B shares outstanding.
It has a market capitalization of $176.08B and a beta (3y monthly) value of 0.57. The stock’s trailing 12-month PE ratio is 16.45, while the earnings-per-share (ttm) stands at $1.49. The company has a PEG of 4.98 and a Quick Ratio of 0.62 with the debt-to-equity ratio at 1.35. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.80% over the week and 2.03% over the month.
Earnings per share for the fiscal year are expected to decrease by -7.41%, and 6.71% over the next financial year. EPS should grow at an annualized rate of 3.30% over the next five years, compared to -4.67% over the past 5-year period.
Looking at the support for the T, a number of firms have released research notes about the stock. DZ Bank stated their Buy rating for the stock in a research note on January 29, 2025, with the firm’s price target at $27. Argus coverage for the AT&T, Inc (T) stock in a research note released on January 16, 2025 offered a Buy rating with a price target of $27. RBC Capital Mkts was of a view on January 06, 2025 that the stock is Outperform, while Morgan Stanley gave the stock Overweight rating on December 16, 2024, issuing a price target of $19- $28. Oppenheimer on their part issued Outperform rating on December 10, 2024.
