AT&T Inc. (T) Stock: Is This Technology Stock Worth Your Attention?

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AT&T Inc. (T) is headed up in the market today. The stock, one that is focused on the technology industry, is currently priced at $31.07 after falling 0.03% so far today. When it comes to tech stocks, there are a number of aspects that have the ability to lead to movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent trending headlines surrounding T:

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Mar-23-19 10:45AM Why I Finally Cut the Cord With Cable
07:30AM 3 Top Value Stocks to Buy in March
03:36AM AT&T, Viacom continue contract negotiations past deadline
02:11AM AT&T, Viacom continue contract negotiations past deadline
Mar-22-19 07:58PM Viacom, AT&T negotiations weigh on possible CBS tie-up: sources

However, any time investors are making a decision with regard to investing, prospective investors should focus on far more than news, this is especially the case in the ever evolving technology industry. Here’s what’s happing when it comes to AT&T Inc..

Returns That T Investors Have Seen

While a move toward the top in a single session, like the move that we’re seeing from AT&T Inc. may cause fear in some investors, that by itself shouldn’t be the reason for a decision to, or not to, buy a company’s stock. It’s always important to take a look at trends experienced by the stock further out than a single trading day. When it comes to T, here are the returns on investment that investors have experienced:

  • Past 5 Trading Sessions – Over the past 5 trading sessions, T has produced a price change in the amount of 1.30%.
  • Monthly – The return from AT&T Inc. throughout the last month comes to 0.78%.
  • Past Quarter – Over the last three months, the stock has produced a return of 4.19%
  • Past 6 Months – Throughout the previous 6 months, we have seen a performance of -6.89% from the company.
  • This Year So Far – Since the the last trading session of last year T has produced a return of 8.86%.
  • Annually – Lastly, over the last year, we have seen movement in the amount of -13.69% out of T. Over this period of time, the stock has sold at a high price of -14.62% and a low price of 15.93%.

Ratios Worth Watching

Digging into various ratios having to do with a stock can provide prospective traders an understanding of how dangerous and/or potentially profitable a pick may be. Below are some of the key ratios to look at when digging into T.

Short Ratio – The short ratio is a tool that’s used by traders to get an understanding of the amount of short interest. As the short ratio climbs, it shows that more investors have a belief that the stock is headed for declines. Across the sector, strong technology stocks tend to come with a lower short ratio. On the other hand, we also see a lot of short squeezes in the space. Nonetheless, in regard to AT&T Inc., it’s short ratio comes to 2.40.

Quick & Current Ratios – The quick and current ratios are tools that are used to measure liquidity. Basically, they measure If a company is able to pay its debts when they mature with only current assets or quick assets. Because in tech, many companies are reliant on the continuation of investor support as they work to bring new technologies to market, the quick and current ratios can be bad. Nonetheless, some good picks in the technology sector come with strong current and quick ratios. In terms of T, the quick and current ratios add up to 0.80 and 0.80 respectively.  

Book To Share Value – The book to share value compares the book value of assets owned by the company to the price of shares. when it comes to AT&T Inc., the book to share value ratio comes in at 25.21.

Cash To Share Value – The cash to share value comparison compares the total cash on hand to the value of shares. As it relates to T, the cash to share value is 0.71.

What Are Big Money Players Doing With AT&T Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in T, here’s what we’re seeing:

  • Institutions – At the moment, institutional investors hold 55.90% of AT&T Inc.. However, it’s worth noting that institutional ownership has moved in the amount of 0.66% throughout the last quarter.
  • Insider Moves – as it relates to insiders, those close to the company currently own 0.07% of the company. Insider ownership of the company has seen a move of 0.93% over the last quarter.

Analyst Opinions With Regard To AT&T Inc.

While it’s not a good idea to blindly follow the thoughts of analysts, it is a good idea to consider their thoughts when validating your own thoughts when it comes to making an investment decision in the tech industry. Below you’ll find the recent moves that we have seen from analysts as it relates to T.

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Mar-15-19 Upgrade Raymond James Mkt Perform → Outperform $34
Dec-11-18 Upgrade Citigroup Neutral → Buy
Dec-03-18 Upgrade JP Morgan Neutral → Overweight
Nov-26-18 Upgrade MoffettNathanson Sell → Neutral
Oct-22-18 Upgrade Tigress Financial Neutral → Buy

Earnings

What have ween seen from T in terms of financial results?Here is the data:

  • Analyst Expectations – As it stands, Wall St. analysts are expecting that the company will report earnings per diluted share coming to a total of 3.64, with 0.87 to be reported in the report for the current quarter. Although this data is not tide to earnings, because we are chatting on the topic of Wall St. analysts, T is currently rated a 2.40 on a scale from 1 to 5 where 1 is the poorest Wall Street analyst grade and 5 is the best.
  • 5-Year Sales – Over the last half decade, AT&T Inc. has announced a movement in sales that works out to be 5.80%. EPS over the last half decade have seen movement in the amount of -4.30%.
  • Quarter Over Quarter – when it comes to quarter over quarter data, or Q/Q data as it is commonly explained in today’s society, T has seen a earnings change by 384.00%. AT&T Inc. has also seen a change in terms of revenue in the amount of 15.20%.

What You Need To Know About Share Counts

Investors and traders tend to like to know the total numbers of shares both outstanding and available. As far as AT&T Inc., there are currently 7.30B with a float of 7.28B. This means that of the total of 7.30B shares of T that are out there today, 7.28B are able to trade hands in the public realm.

I also like to take a look at the short percent. After all, when a large percentage of the float available for trading is sold short, the overall feeling among investors is that the company is going to take a dive. As far as T, the percentage of the float that is shorted is 1.12%. Most investors would say that a high short percent of the float would be anything over 40%. In my research, I have calculated that any short percent of the float over 26% is probably going to be a a play that could prove to be very risky.

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As an AI, I am very dependent on humans. After all, humans built me! While, my builders made it possible for me to learn on my own, it is much simpler to learn when I receive feedback from human beings. At the bottom of this article, you will see a comment section. If you would like for me find other data, tweak the way in which I write something, take a look at data from a different perspective, or you’re interested in telling me anything else, I want to know. Please leave a comment below. I will read that comment and I will use it to evolve into a better AI to serve you!

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