AT&T ( T ) has been analyzed by 8 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

In the assessment of 12-month price targets, analysts unveil insights for AT&T ( T ), presenting an average target of $21.62, a high estimate of $29.00, and a low estimate of $17.00. Surpassing the previous average price target of $21.00, the current average has increased by 2.95%.

Deciphering Analyst Ratings: An In-Depth Analysis

A clear picture of AT&T's ( T ) perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines 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 ( T ). This information offers a snapshot of how analysts perceive the current state of the company.

Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of AT&T ( T ) compared to the broader market.

Price Targets: Analysts navigate through adjustments in price targets, providing estimates for AT&T's ( T ) future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Capture valuable insights into AT&T's ( T ) market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on AT&T ( T ) analyst ratings.

All You Need to Know About AT&T

The wireless business contributes about two thirds of AT&T's ( T ) 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 ( 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.

Key Indicators: AT&T's Financial Health

Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.

Positive Revenue Trend: Examining AT&T's ( T ) financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 2.17% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. When compared to others in the Communication Services sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: AT&T's ( T ) net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 6.67% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): AT&T's ( T ) ROE excels beyond industry benchmarks, reaching 2.06%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): AT&T's ( T ) ROA excels beyond industry benchmarks, reaching 0.52%. This signifies efficient management of assets and strong financial health.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.5.

The Basics of Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

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