AT&T logged a -0.86% change during today's afternoon session, and is now trading at a price of $19.07 per share. The S&P 500 index moved 0.60% and the Nasdaq posted a 0.97% change.
AT&T shares moved 13.11% over the last 52 weeks, with a high of $22.84 and a low of $14.25. During this time, the stock outperformed the S&P 500 index by 22.34%. As of January 2022, the company's 50-day average price is $19.0. AT&T Inc. is an American multinational conglomerate holding company, Delaware-registered but headquartered at Whitacre Tower in Downtown Dallas, Texas. The large-cap Technology company is based in Dallas, TX. AT&T has returned a 5.77% dividend yield over the last 12 months.
The Company Has Negative Earnings and Excessive Leverage:
| 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | |
|---|---|---|---|---|
| Revenue (MM) | $181,193 | $171,760 | $134,038 | $120,741 |
| Revenue Growth | n/a | -5.21% | -21.96% | -9.92% |
| Gross Margins | 54.75% | 47.55% | 70.98% | 33.07% |
| Gross Margins Growth | n/a | -13.15% | 49.27% | -53.41% |
| Operating Margins | 15.43% | 3.73% | 19.32% | -3.8% |
| Operating Margins Growth | n/a | -75.83% | 417.96% | -119.67% |
| Earnings Per Share | $1.9 | -$0.72 | $2.8 | -$1.19 |
| EPS Growth | n/a | -137.89% | 488.89% | -142.5% |
| Free Cash Flow (MM) | $29,033 | $27,455 | $26,412 | $48,028 |
| FCF Growth | n/a | -5.44% | -3.8% | 81.84% |
| Capital Expenditures (MM) | $19,635 | $15,675 | $15,545 | $19,626 |
| Net Debt / EBITDA | 4.38 | 12.03 | 4.46 | 83.15 |
AT&T has negative earnings for the current period, so its trailing twelve month P/E ratio is not meaningful. But based on its EPS guidance of 2.51, the company has a forward P/E ratio of None. In contrast, the Technology sector's average P/E ratio is 27.16.
On the other hand, AT&T is possibly undervalued in terms of its net assets because its P/B ratio is 1.1 compared to its sector average of 6.23.
23 analysts are following AT&T and have set target prices ranging from $9.0 to $28.0 per share. On average, they have given the company a rating of hold. At the current price of $19.07, T is trading -9.73% away from its average analyst target price of $21.13 per share, implying an analyst consensus of some upside potential for the stock.
