AT&T Inc. (T), a Communication Services Telecom Services corporation, saw its stock trade 27.46 common shares, a lower demand against to its 10-day trading volume of 49.95M. AT&T Inc. (T) stock traded at $27.46, down -1.3 cents or -4.52% on the day. Based on this we can see some traders are either waiting on the sidelines to get involved or perhaps some are taking losses. Total Revenue for AT&T Inc. (T) is $181.19B. Gross Profit is $97.05B and the EBITDA is $52.64B.
AT&T Inc. (T) Technical Research:
The average 10-day trading volume of AT&T Inc. (T) is 49.95M compared to 46.72M over the last 3 months which indicates a surge in trading activity. At the time of writing, AT&T Inc. (T) has a 50-day moving average of $33.51 and a 200-day moving average of $37.03. These moving averages are popular technical statistics that investors use to analyze price trends of AT&T Inc. (T). Approximately 1.68% of the shares of the company are sold short from investors betting the shares may trade lower. The beta value of AT&T Inc. (T) stock is 0.72, indicating its 3.72% to 5.93% more volatile than the overall market. Technically, T’s short term support level is around $26.77 on the downside. Ts short term resistance levels are $39.31, $38.32 and $37.02 on the upside.
Based on technical analysis, T has short term rating of Bearish (-0.35), Intermediate rating of Bearish (-0.46) and the long-term rating of Very Bearish (-0.50) giving it an overall rating of Bearish (-0.44). T is trading 5.29% off its 52 week low at $26.08 and -30.83% off its 52 week high of $39.70. Performance wise, T stock has recently shown investors -7.98% a lower demand in a week, -26.14% a lower demand in a month and -29.70% a lower demand in the past quarter. More importantly, AT&T Inc. (T) has shown a return of -29.73% since the beginning of the year.
AT&T Inc. (T) Key Figures:
AT&T Inc. (T) is a large-cap company with a market cap value of $197.248B. T insiders hold roughly 0.08% of the shares. On Mar-23-20 Cowen Downgrade T as Outperform → Market Perform at $43 → $37. On Mar-23-20 Robert W. Baird Downgrade T as Outperform → Neutral at $41 → $33 and on Apr-01-20 JP Morgan Downgrade T as Overweight → Neutral at $38 → $35.
There are currently 7.17B shares in the float and 7.51B shares outstanding. There are 1.68% shares short in Ts float. The industry rank for AT&T Inc. (T) is 54 out of 253 ranking it at the Top 21% .
AT&T Inc. (T) Fundamental Details:
T last 2 years revenues have increased from $181,193,000 to $181,193,000 showing an uptrend. Wall Street expects AT&T Inc. (T) to report an EPS next Qtr profit of 0.86 and a profit of 5.68% next year. The growth rate on T this year is -1.12 compared to an industry 8.20. Ts next year’s growth rate is 6.52 compared to an industry 16.10. The book value per share (mrq) is 25.19 and cash per share (mrq) is 1.61. Giving them a price/book (mrq) of 0.99 compared to an industry of 1.07 and Ts price/cash flow (mrfy) is 3.13 compared to an industry of 4.85. T fundamental ratios shows an EPS growth vs. previous year 3.53 and EPS growth vs. previous quarter 0.86.
About AT&T Inc. (T):
Based in Dallas, TX, AT&T Inc. is the second largest wireless service provider in North America and one of the world’s leading communications service carriers. Through its subsidiaries and affiliates, the company offers a wide range of communication and business solutions that include wireless, local exchange, long-distance, data/broadband and Internet, video, managed networking, wholesale and cloud-based services.With assets like HBO, CNN and TNT, AT&T’s acquisition of Time Warner has created new kinds of online videos and opened up avenues for targeted advertisements. The company is also focusing on streaming services with AT&T TV and soon-to-be-launched HBO Max. This is likely to create other avenues to monetize content as it expands 5G coverage in over 80 U.S. cities. The new segments of the company are Communications, WarnerMedia, Latin America, and Xandr.Communications (78.1% of total operating revenues in fourth quarter 2019): This segment includes three separate business units namely, Mobility, Entertainment Group and Business Wireline. Mobility provides wireless service to consumer and wholesale subscribers throughout the United States and its territories. The Entertainment Group provides video, high-speed Internet and communications services predominantly to residential customers in the United States. Business Wireline provides communications services to more than 3 million business customers, including multinational corporations and government and wholesale customers.WarnerMedia (19.1%): This segment represents the various business units of the erstwhile Time Warner namely, Turner, Home Box Office and Warner Bros. It also includes AT&T’s Regional Sports Networks in the Turner division and Otter Media.Latin America (3.8%): The segment comprises wireless services in Mexico and pay-TV entertainment services in Latin America under Vrio. AT&T also owns 41% of Sky Mexico, financial results of which are accounted for as an equity-method investment.Xandr (1.3%): Xandr is AT&T’s advertising and analytics firm, which provides targeted advertising services leveraging data insights. The company aims to create a new option for advertisers and publishers to reach specific audiences at scale in trusted, premium content environments.