E Daily Stock Analysis: AT&T Inc (T)

AT&T Inc, known by the ticker symbol T, is a large cap telecom services firm in the Communication Services business sector. This is my first report on T for my Viital stock portfolio but it has been selected in most of the previous six portfolios. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005.

Wireless is AT&T's largest business, contributing about 40% of revenue. The firm is the third- largest U.S. wireless carrier, connecting 66 million postpaid and 17 million prepaid phone customers. 

WarnerMedia contributes a bit less than 20% of revenue with media assets that include HBO, the Turner cable networks, and the Warner Brothers studios.  AT&T plans to spin Warner off and merge it with Discovery to create a new stand-alone media firm. The firm recently sold a 30% stake in its traditional television business, which serves 15 million customers and generates about 17% of sales. This business will be removed from AT&T's financials going forward. 

Fixed-line telecom services provided to businesses and consumers account for about 20% of revenue, serving about 15 million broadband customers.

AT&T Inc. was incorporated in 1983 and is headquartered in Dallas, Texas.

Three key data points gauge dividend equities or funds like AT&T Inc: (1) Price (2) Dividends (3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money. 

T Price

AT&T 's price per share was $25.70 as of Friday's market close. One year ago its price was $26.88. So, T's share price fell flat by 4.4% in the past year.

If AT&T's stock trades in the range of $25 to $35.00 this next year, its recent $25.70 price will likely rise by $4.30 by October 18, 2022. My estimate is based on the trajectory traced by the past ten years of price data and is $2.11 lower than the median of 21 analysts one-year target estimates following the stock for brokerages.  

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Disclaimer:  This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

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