In yesterday’s Wall Street session, AT&T, Inc (NYSE:T) shares traded at $22.84, down -3.34% from the previous session.
T stock price is now 1.56% away from the 50-day moving average and 16.89% away from the 200-day moving average. The market capitalization of the company currently stands at $165.78B.
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With the price target enhanced from $19 to $28, Morgan Stanley Upgraded its rating from Equal-Weight to Overweight for AT&T, Inc (NYSE: T). On December 10, 2024, Oppenheimer recently initiated its ‘Outperform’ rating on the stock quoting a target price of $28, while ‘Bernstein’ rates the stock as ‘Outperform’
A total of 0.27% of the company’s stock is owned by insiders.
During the past 12 months, AT&T, Inc has had a low of $15.94 and a high of $24.03. As of last week, the company has a debt-to-equity ratio of 1.43, a current ratio of 0.60, and a quick ratio of 0.54. According to the stock market information, the enterprise value for the company is $325148606464, which is based on a 18.57 price-to-earnings ratio, a 15.47 price-to-earnings-growth ratio, and a beta of 0.57. The fifty day moving average price for T is $22.47 and a two-hundred day moving average price translates $19.51125 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 $30.21 billion for the quarter, compared to $30.35 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.45 percent.
