The price of AT&T, Inc (NYSE:T) shares last traded on Wall Street rose 6.25% to $24.14.
T stock price is now 5.86% away from the 50-day moving average and 19.34% away from the 200-day moving average. The market capitalization of the company currently stands at $173.21B.
With the price target maintained at $27, Argus recently Upgraded its rating from Hold to Buy for AT&T, Inc (NYSE: T). On January 06, 2025, RBC Capital Mkts Upgraded its previous ‘Sector Perform’ rating to ‘Outperform’ on the stock increasing its target price from $22 to quote $26, while ‘Morgan Stanley’ rates the stock as ‘Overweight’
A total of 0.28% 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 1.35, a current ratio of 0.66, and a quick ratio of 0.62. According to the stock market information, the enterprise value for the company is $324287561728, which is based on a 16.18 price-to-earnings ratio, a 5.52 price-to-earnings-growth ratio, and a beta of 0.57. The fifty day moving average price for T is $22.7664 and a two-hundred day moving average price translates $20.1911 for the stock.
The latest earnings results from AT&T, Inc (NYSE: T) was released for 2024-09-30. The net profit margin was 8.78% and return on equity was 10.54% 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.
