AT&T Inc. (T)
19.16 USD +0.95 (+5.22%) Volume: 63.69M
AT&T Inc.’s stock price has shown a promising performance, currently standing at 19.16 USD, marking a significant increase of +5.22% this trading session. With a trading volume of 63.69M and a year-to-date percentage change of +14.18%, AT&T’s stock is demonstrating a robust upward trend.
Latest developments on AT&T Inc.
AT&T Inc. has seen a tumultuous period with a mix of positive and negative news affecting its stock price. The company’s second-quarter results showed strong growth in 5G and fiber customers, but missed revenue expectations. Despite this, AT&T’s stock rose on subscriber growth and demand for higher-priced plans. However, a massive data breach put the company in a difficult position, leading to consumer class actions and lawsuits. Analysts are closely watching AT&T’s cash flow and subscriber numbers to gauge its performance. Despite some challenges, AT&T’s stock has shown resilience, marking its best gain in nine months. The company continues to attract new customers with premium packages, driving optimism among investors.
AT&T Inc. on Smartkarma
Analysts at Baptista Research on Smartkarma are bullish on At&T Inc, citing consistent execution and growth opportunities as major drivers for the company. The First Quarter 2024 earnings report for AT&T showcased steady progress in its investment-led strategy, particularly in the connectivity sector through 5G and fiber. With a significant increase in high-value wireless and broadband subscribers, including 349,000 postpaid phone net adds, AT&T saw a rise in ARPU and robust operating income and margins.
Furthermore, AT&T Inc’s Q4 2023 earnings report highlighted strong growth and strategic investments, with 1.7 million postpaid phone net additions for the year. The company’s wireless and fiber customer base grew by 10%, reaching over 71.2 million subscribers, resulting in increased revenues and EBITDA. Analysts note that AT&T’s mid-band 5G network now serves over 210 million people, while the fiber network has expanded to over 26 million consumer and business locations, indicating promising growth prospects for the company.
A look at AT&T Inc. Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 4 | |
Dividend | 5 | |
Growth | 5 | |
Resilience | 3 | |
Momentum | 4 | |
OVERALL SMART SCORE | 4.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
AT&T Inc. has received high scores in key areas such as Dividend and Growth, indicating a positive long-term outlook for the company. With a strong focus on rewarding shareholders through dividends and showing potential for growth, investors may see AT&T as a stable investment option in the telecommunications industry.
While AT&T scores slightly lower in Resilience, the company still maintains a solid overall outlook with its Value and Momentum scores. As a communications holding company offering a wide range of services, AT&T continues to adapt to market changes and position itself for future success. Investors may find AT&T to be a reliable choice for long-term investment opportunities.
### AT&T Inc. is a communications holding company. The Company, through its subsidiaries and affiliates, provides local and long-distance phone service, wireless and data communications, Internet access and messaging, IP-based and satellite television, security services, telecommunications equipment, and directory advertising and publishing. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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