Our newest technical analysis of ATT Inc (NYSE:T)
 | By Vlad Skutelnik | Macroaxis Story |
As many baby boomers are indifferent towards communication services space, it makes sense to review ATT Inc against current market trends. As expected, ATT is starting to reaffirm its true potential as private investors are becoming more and more confident in the future outlook. The returns on the market and returns on ATT appear slightly related to each other for the last few months. Stable basic indicators of the firm may also call for signals of mid-term gains for ATT private investors. ATT Inc is scheduled to announce its earnings today. The next earnings report is expected on the 26th of January 2022. The stock is currently undergoing above-average trading activities.
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Reviewed by Raphi Shpitalnik
ATT Inc's average rating is Hold from 19 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on ATT market sentiment investors' perception of the future value of ATT. Let us look at a few aspects of ATT technical analysis. About 54.0% of the company shares are owned by institutional investors. ATT Inc has price-to-book ratio of 1.11. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. The entity recorded a loss per share of 0.34. The firm next dividend is scheduled to be issued on the 8th of July 2021. ATT had 2:1 split on the 20th of March 1998.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ATT. Your research has to be compared to or analyzed against ATT's peers to derive any actionable benefits. When done correctly, ATT's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ATT Inc.
Using predictive technical analysis, we can analyze different prices and returns patterns and diagnose historical swings to determine the real value of ATT Inc. In general, sophisticated investors focus on analyzing ATT stock price patterns and their correlations with different microeconomic environment and drivers. They apply predictive analytics to build ATT's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of ATT's intrinsic value. In addition to deriving basic predictive indicators for ATT, many experienced traders also check how macroeconomic factors affect ATT price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ATT's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
How important is ATT's Liquidity
ATT financial leverage refers to using borrowed capital as a funding source to finance ATT Inc ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. ATT financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to ATT's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of ATT's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between ATT's total debt and its cash.
ATT Gross Profit
ATT Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing ATT previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show ATT Gross Profit growth over the last 10 years. Please check ATT's gross profit and other fundamental indicators for more details.
Detailed Perspective On ATT
The entity has a beta of 0.767. Let's try to break down what ATT's beta means in this case. As returns on the market increase, ATT returns are expected to increase less than the market. However, during the bear market, the loss on holding ATT will be expected to be smaller as well. The beta indicator helps investors understand whether ATT moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if ATT deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The firm reported the annual revenue of 176.01 B. Total Loss to common stockholders was (2.16 B) with gross profit before all taxes, overhead, and interest of 91.84 B.
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