A share price of AT&T, Inc. [T] is currently trading at $18.98, down -0.68%. An important factor to consider is whether the stock is rising or falling in short-term value. The T shares have gain 1.77% over the last week, with a monthly amount glided 7.72%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
AT&T, Inc. [NYSE: T] stock has seen the most recent analyst activity on July 01, 2024, when Goldman initiated its Buy rating and assigned the stock a price target of $22. Previously, Exane BNP Paribas upgraded its rating to Neutral on June 11, 2024. On April 29, 2024, upgrade upgraded it’s rating to Overweight but maintained its price target of $20 on the stock. Wolfe Research upgraded its rating to a Outperform but stick to its price target of $21 on March 05, 2024. JP Morgan upgraded its rating to a Overweight and raised its price target to $21 on February 01, 2024. Oppenheimer upgraded its rating to Outperform for this stock on January 19, 2024, but kept the price target unchanged to $21. In a note dated October 20, 2023, Scotiabank upgraded an Sector Outperform rating on this stock but restated the target price of $18.50.
AT&T, Inc. experienced fluctuations in its stock price throughout the past year between $13.43 and $19.13. Currently, Wall Street analysts expect the stock to reach $36.58 within the next 12 months. AT&T, Inc. [NYSE: T] shares were valued at $18.98 at the most recent close of the market. An investor can expect a potential return of 92.73% based on the average T price forecast.
Analyzing the T fundamentals
Trailing Twelve Months sales for AT&T, Inc. [NYSE:T] were 122.32B which represents -0.37% decline. Gross Profit Margin for this corporation currently stands at 0.55% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.13 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.27.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.77 points at the first support level, and at 18.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.26, and for the 2nd resistance point, it is at 19.53.
Ratios To Look Out For
To put it in perspective, the Current Ratio for AT&T, Inc. [NYSE:T] is 0.56. On the other hand, the Quick Ratio is 0.51, and the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 1.11, the price to book ratio is 1.30 and price to earnings (TTM) ratio is 10.17.
Transactions by insiders
Recent insider trading involved LUCZO STEPHEN J, Director, that happened on Nov 13 ’23 when 62500.0 shares were purchased.
