In yesterday’s Wall Street session, AT&T, Inc. (NYSE:T) shares traded at $22.11, up 1.28% from the previous session.
T stock price is now 4.06% away from the 50-day moving average and 19.18% away from the 200-day moving average. The market capitalization of the company currently stands at $158.53B.
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With the price target of $22, Goldman recently initiated with Buy rating for AT&T, Inc. (NYSE: T). , while ‘Barclays’ rates the stock as ‘Overweight’
In other news, LUCZO STEPHEN J, Director bought 62,500 shares of the company’s stock on Nov 13 ’23. The stock was bought for $971,875 at an average price of $15.55. Upon completion of the transaction, the Director now directly owns 395,500 shares in the company, valued at $8.74 million. A total of 0.29% of the company’s stock is owned by insiders.
During the past 12 months, AT&T, Inc. has had a low of $14.74 and a high of $22.58. As of last week, the company has a debt-to-equity ratio of 1.43, a current ratio of 0.73, and a quick ratio of 0.67. According to the stock market information, the enterprise value for the company is $318283153408, which is based on a 17.97 price-to-earnings ratio, a 14.98 price-to-earnings-growth ratio, and a beta of 0.58. The fifty day moving average price for T is $21.2464 and a two-hundred day moving average price translates $18.55195 for the stock.
The latest earnings results from AT&T, Inc. (NYSE: T) was released for 2024-09-30. The net profit margin was 7.25% and return on equity was 8.79% for T. The company reported revenue of $29.8 billion for the quarter, compared to $29.92 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.4 percent.
