Is AT&T stock a hold or sell? (2024)

Is AT&T stock a hold or sell?

Is AT&T stock a Buy, Sell or Hold? AT&T stock has received a consensus rating of hold. The average rating score is Baa2 and is based on 25 buy ratings, 26 hold ratings, and 0 sell ratings.

Should I hold or sell AT&T stock?

Is T a Buy, Sell or Hold? AT&T has a conensus rating of Moderate Buy which is based on 9 buy ratings, 6 hold ratings and 0 sell ratings.

Is AT&T stock predicted to go up?

AT&T Stock Forecast

The 16 analysts with 12-month price forecasts for AT&T stock have an average target of 20.41, with a low estimate of 17 and a high estimate of 29. The average target predicts an increase of 25.14% from the current stock price of 16.31.

Where will AT&T stock be in 5 years?

AT&T stock price stood at $16.31

According to the latest long-term forecast, AT&T price will hit $17 by the middle of 2024 and then $20 by the middle of 2026. AT&T will rise to $25 within the year of 2027, $30 in 2028, $35 in 2031 and $40 in 2034.

What is ATT stock price target?

Stock Price Target
High$25.00
Low$13.04
Average$19.72
Current Price$16.33

Is AT&T a good long-term buy?

Fair Value Estimate for AT&T Stock

Our estimate implies an enterprise value of 7.5 times our 2024 EBITDA estimate and equals a 10% free cash flow yield based on actual 2023 results. In total, we believe consolidated revenue can grow 2%-3% annually over the next five years.

Is AT&T a good stock to buy 2024?

This year looks to be the one to invest in AT&T (NYSE: T) and Verizon Communications (NYSE: VZ). Both of these giants of the telecom industry experienced share-price gains going into 2024. Verizon even hit a 52-week high of $43.21 at the end of January.

What is fair value for AT&T stock?

According to Wall Street analysts, the average 1-year price target for T is 19.93 USD with a low forecast of 11.11 USD and a high forecast of 30.45 USD.

How much will AT&T stock be in 2025?

Long-Term AT&T Stock Price Predictions
YearPredictionChange
2025$ 16.14-2.24%
2026$ 15.78-4.44%
2027$ 15.42-6.58%
2028$ 15.08-8.68%
2 more rows

Who owns the most AT&T stock?

What type of owners hold AT&T Inc stock?
NameHoldShares
Vanguard Group Inc8.70%622,406,459
Blackrock Inc7.46%533,547,330
State Street Corp4.28%305,826,819
Newport Trust Company LLC2.79%199,272,812
6 more rows

What is the outlook for AT&T in 2024?

For 2024, AT&T sees free cash flow coming in between $17 billion and $18 billion. A stock price of $21 per share implies a market capitalization of about $151 billion.

What is the dividend increase for AT&T in 2024?

The board of directors today declared a quarterly dividend of $0.2775 per share on the company's common shares, payable May 1, 2024.

What is the future of AT&T company?

By 2025, AT&T expects that 75% of its network footprint will be served via fiber and 5G and that it will have reduced its copper services footprint by 50%. At the same time, the company will successfully navigate the timing and profitability of the migration from legacy to next-generation products to optimize returns.

Is Verizon a buy sell or hold?

VZ Stock Forecast FAQ

Verizon has 5.79% upside potential, based on the analysts' average price target. Is VZ a Buy, Sell or Hold? Verizon has a conensus rating of Moderate Buy which is based on 9 buy ratings, 8 hold ratings and 1 sell ratings.

Who holds AT&T stock?

Shareholders
NameEquities%
Vanguard Fiduciary Trust Co. 8.702 %622,406,4598.702 %
BlackRock Advisors LLC 5.834 %417,283,8505.834 %
STATE STREET CORPORATION 4.276 %305,826,8194.276 %
Newport Trust Co. 2.786 %199,272,8122.786 %
6 more rows

How high is Apple stock expected to go?

Apple Stock Forecast

The 30 analysts with 12-month price forecasts for Apple stock have an average target of 204.93, with a low estimate of 158 and a high estimate of 250. The average target predicts an increase of 24.20% from the current stock price of 165.00.

Why not to invest in ATT?

Reason to avoid No.

AT&T already has $136 billion in debt, which has steadily risen over the past two decades. Additionally, how much it pays to service the debt has also increased, as it now takes $6.3 billion annually to pay the interest. T Total Long Term Debt (Annual) data by YCharts.

Is AT&T a safe investment?

AT&T is a good income stock to own because it's trading a dirt cheap multiple of just 7 times its estimated future profits.

Is Verizon or ATT a better investment?

AT&T currently trades at a price-to-earnings (P/E) ratio of just 6.2 and a dividend yield of 7.3%. Verizon goes for a P/E ratio of 7 and pays a dividend yield of 7.8%. Keep in mind that both stocks are significantly more expensive on an enterprise-value basis, which factors in debt.

What stock will boom in 2024?

2024's 10 Best-Performing Stocks
Stock2024 return through March 31
Arcutis Biotherapeutics Inc. (ARQT)206.8%
Janux Therapeutics Inc. (JANX)250.9%
Trump Media & Technology Group Corp. (DJT)254.1%
Super Micro Computer Inc. (SMCI)255.3%
6 more rows
Apr 1, 2024

Why choose AT&T stock?

Second, AT&T offers a generous dividend yield of 6.66%, which is much higher than the average yield of short-term government bonds (4.8%), telecom stocks (4.65%), and S&P 500 stocks (1.84%). This means that AT&T can provide you with a steady income stream that beats most alternatives.

Is Verizon stock a good buy?

Fair Value Estimate for Verizon

With its 4-star rating, we believe Verizon's stock is undervalued compared with our long-term fair value estimate of $54 per share, which equates to roughly 8 times our 2024 EBITDA forecast. That valuation also implies an 8.2% free cash flow yield based on the firm's performance in 2023.

What is the 5 year return of AT&T?

Five Year Stock Price Total Return for AT&T is calculated as follows: Last Close Price [ 17.52 ] / Adj Prior Close Price [ 17.32 ] (-) 1 (=) Total Return [ 1.1% ] Prior price dividend adjustment factor is 0.54.

What is a value trap?

Value traps are misleading investments trading at low levels that present buying opportunities for investors. For a value trap investment, the low price is often accompanied by extended periods of low multiples.

What is the difference between price and fair value of a stock?

The price/fair value ratio for stocks helps investors determine whether a stock is trading at, below, or above its fair value estimate, as determined by Morningstar's equity analysts. For stocks, this ratio is calculated by using the price and fair value estimate as of most recent market close day.

References

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