4 Analysts Assess AT&T: What You Need To Know

In the preceding three months, 4 analysts have released ratings for AT&T T, presenting a wide array of perspectives from bullish to bearish.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $21.25, with a high estimate of $24.00 and a low estimate of $20.00. Marking an increase of 11.84%, the current average surpasses the previous average price target of $19.00.

Investigating Analyst Ratings: An Elaborate Study

A comprehensive examination of how financial experts perceive AT&T is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to AT&T. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of AT&T compared to the broader market.
• Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of AT&T's stock. This comparison reveals trends in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of AT&T's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on AT&T analyst ratings.

All You Need to Know About AT&T

The wireless business contributes about two thirds of AT&T's revenue following the spinoff of Warner Media. The firm is the third-largest U.S. wireless carrier, connecting 71 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which account for about 17% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 11% of revenue, primarily consist of broadband internet access. AT&T also has a sizable presence in Mexico, serving 22 million customers, but this business only accounts for 3% of revenue. The firm still holds a 70% equity stake in satellite television provider DirecTV but does not consolidate this business in its financial statements.

Financial Insights: AT&T

Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.

Positive Revenue Trend: Examining AT&T's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 5.51% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Communication Services sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 6.67%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): AT&T's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 2.06%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): AT&T's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.52% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: AT&T's debt-to-equity ratio is below the industry average at 1.5, reflecting a lower dependency on debt financing and a more conservative financial approach.

The Core of Analyst Ratings: What Every Investor Should Know

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.