Don't Buy AT&T Without Checking Its Fundamentals!

By Tamara Parker • Wednesday, January 04 10:44 • Permanent Link

Shares of Communication Services sector company AT&T moved 2.5% today, and are now trading at a price of $19.21. The large-cap stock's daily volume was 8,630,109 compared to its average volume of 44,374,067. The S&P 500 index returned a 0.2% performance.

AT&T Inc. provides telecommunications, media, and technology services worldwide. The company is based in Dallas and has 169,880 full time employees. Its market capitalization is $136,914,657,280. AT&T currently offers its equity investors a dividend that yields 6.0% per year.

23 analysts are following AT&T and have set target prices ranging from $9 to $28 per share. On average, they have given the company a rating of hold. At today's prices, T is trading -5.27% away from its average analyst target price of $20.28 per share.

Over the last year, T shares have gone down by -5.3%, which represents a difference of 13.3% when compared to the S&P 500. The stock's 52 week high is $21.53 per share and its 52 week low is $14.46. Although AT&T's average free cash flow over the last four years has been $27,372,666,666.7, they have been decreasing at an average rate of -6.7%. For this reason, investors may continue to shun the stock.

Date Reported	Cash Flow from Operations ($ MM)	Capital expenditures ($ MM)	Free Cash Flow ($ MM)	YoY Growth (%)
2021-12-31	41,957	-16,527	25,430	-7.38
2020-12-31	43,130	-15,675	27,455	-6.08
2019-12-31	48,668	-19,435	29,233	n/a

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.