AT&T, Inc (NYSE:T) shares, rose in value, with the stock price up by 0.53% to the previous day’s close as strong demand from buyers drove the stock to $25.50.
Actively observing the price movement in the recent trading, the stock is buoying the session at $25.36, falling within a range of $25.36 and $25.57. The value of beta (5-year monthly) is 0.73 whereas the PE ratio is 17.09 over 12-month period. Referring to stock’s 52-week performance, its high was $25.38, and the low was $15.94. On the whole, T has fluctuated by 16.95% over the past month.
With the market capitalization of AT&T, Inc currently standing at about $182.93 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 1.11, with its dividend yield at 4.35%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 123.96B, with a low estimate of 29.96B and a high estimate of 30.85B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 30.4B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that T’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 5.01, with the price of T currently trading nearly 6.74% and 9.64% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 76.40, while the 7-day volatility ratio is showing 1.46% which for the 30-day chart, stands at 1.92%. Furthermore, AT&T, Inc (T)’s beta value is 0.56, and its average true range (ATR) is 0.44.
A comparison of AT&T, Inc (T) with its peers suggests the former has fared considerably weaker in the market. T showed an intraday change of 0.53% in today’s session so far, and over the past year, it grew by 49.79%%.
Data on historical trading for AT&T, Inc (NYSE:T) indicates that the trading volumes over the past 10 days have averaged 36.24 and over the past 3 months, they’ve averaged 36.28 million. According to company’s latest data on outstanding shares, there are 7.18 billion shares outstanding.
Nearly 0.63% of AT&T, Inc’s shares belong to company insiders and institutional investors own 62.34% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 105.35 million shares as on 2024-12-31, resulting in a short ratio of 2.87. According to the data, the short interest in AT&T, Inc (T) stood at 147.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 122.67 million. The stock has risen by 11.97% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the T stock heading into the next quarter.
