AT&T logged a 0.6% change during today's morning session, and is now trading at a price of $19.77 per share. The S&P 500 index moved -0.0% and the Nasdaq posted a -1.0% change.
AT&T shares moved 8.2% over the last 52 weeks, with a high of $21.53 and a low of $14.46. During this time, the stock outperformed the S&P 500 index by 17.0%. As of January 2022, the company's 50-day average price is $19.0. AT&T Inc. provides telecommunications and technology services worldwide. The large-cap Consumer Discretionary company has 160,700 full time employees and is based in Dallas, TX. AT&T has returned a 5.7% dividend yield over the last 12 months.
Snapshot of the Company's Consistent Operating Margins:
| 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | |
|---|---|---|---|---|
| Revenue (MM) | $181,193 | $171,760 | $168,864 | $120,741 |
| Revenue Growth | n/a | -5.21% | -1.69% | -28.5% |
| Gross Margins | 53.6% | 53.5% | 52.7% | 57.9% |
| Gross Margins Growth | n/a | -0.19% | -1.5% | 9.87% |
| Operating Margins | 16.2% | 14.7% | 16.7% | 19.0% |
| Operating Margins Growth | n/a | -9.26% | 13.61% | 13.77% |
| Net Margins | 7.67% | -3.01% | 11.89% | -7.06% |
| Net Margins Growth | n/a | -139.24% | 495.02% | -159.38% |
| Earnings Per Share | $1.89 | -$0.75 | $2.76 | -$1.11 |
| EPS Growth | n/a | -139.68% | 468.0% | -140.22% |
| Diluted Shares (MM) | 7,348 | 7,183 | 7,199 | 7,154 |
| Free Cash Flow (MM) | $29,233 | $27,455 | $25,430 | $12,397 |
| FCF Growth | n/a | -6.08% | -7.38% | -51.25% |
| Capital Expenditures (MM) | -$19,435 | -$15,675 | -$16,527 | -$19,626 |
| Net Debt / EBITDA | 2.63 | 2.77 | 2.56 | 2.73 |
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 7.9. In contrast, the Consumer Discretionary sector's average P/E ratio is 22.33.
On the other hand, AT&T is possibly undervalued in terms of its net assets because its P/B ratio is 1.4 compared to its sector average of 3.12.
AT&T Is the Subject of Mixed Market Indicators:
22 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 $19.77, T is trading -6.46% away from its average analyst target price of $21.13 per share, implying an analyst consensus of some upside potential for the stock.
The company has a very low short interest since 1.2% of the company's shares are tied to short positions. Institutions own 55.8% of AT&T's shares, while the insider ownership rate stands at 0.08%. The biggest shareholder is the Vanguard Group, Inc. with a 9% stake in the company worth approximately $11,995,881,801.
