Is AT a buy sell or hold?

Is AT a buy sell or hold?

AT has received a consensus rating of Hold. The company’s average rating score is 2.28, and is based on 8 buy ratings, 7 hold ratings, and 3 sell ratings.

What is the target price for AT stock?

Stock Price Target T

Is it a good time to buy AT stock?

AT stock was down over 26% in 2020, even after recovering nearly 30% from its lows of the coronavirus bear market. So far in 2021, share have traded down 2%. Currently, the stock market is in an uptrend which means it’s a great time to identify top stock contenders for your portfolio and initiate new positions.

What is wrong with AT stock?

AT stock has lost more than 10% of its value since Friday’s close, as analysts consider plans to split its telecom and media businesses and investors fret over a dividend cut on the horizon. After the WarnerMedia spinoff closes in mid-2022, the remaining AT will be a smaller company, with lower sales and earnings.

Is AT a buy Zacks?

– T – Stock Price Today – Zacks….(Delayed Data from NYSE)

Is AT a good dividend stock?

AT (NYSE:T) might seem like a great dividend stock. It pays a forward dividend yield of 7.3%, it’s raised its payout annually for 36 straight years, and it spent just 57% of its free cash flow on those dividends over the past 12 months. The stock also looks dirt cheap at nine times forward earnings.

Is AT in financial trouble?

AT’s total debt decreased from $164.3 billion in 2017 to $157.2 billion in 2020, while its total cash went down from $50.5 billion to $9.7 billion over the same period. AT generated healthy cash from operation of $43 billion in the last twelve months.

Why is AT stock price dropping?

AT stock has lost more than 10% of its value since Friday’s close, as analysts consider plans to split its telecom and media businesses and investors fret over a dividend cut on the horizon. It will reduce its debt load and decrease its dividend payout as part of the transaction.

Will AT stock ever recover?

Thus, we believe that AT stock is unlikely to go back to the pre-pandemic level any time soon, due to rising competition in streaming and 5G businesses. One positive for the company is that its video subscriber loss narrowed in Q2 2021 to 473,000. The stock will likely see a modest uptick to settle close to $30.

Will AT stock go up 2021?

Is AT stock a buy 2021?

AT stock was down over 26% in 2020, even after recovering nearly 30% from its lows of the coronavirus bear market. So far in 2021, share have traded down 2%. On the positive side, the stock maintains a high 7.4% annualized dividend yield in a very low interest rate environment.

Why did AT stock drop today?

Shares of AT (NYSE:T) fell 5.8% on Tuesday as shareholders reacted to the likelihood of substantially reduced cash payouts from the media titan following the pending spinoff of its WarnerMedia business.