Should I keep at&t stock

**AT&T's stock performance and financial indicators suggest a cautious approach.** Here's why: 1. **Financial Performance**: AT&T reported an EPS of $0.47 for the quarter, with a net income of $3.75 billion and a net profit margin of 12.49%. The return on equity (ROE) stands at 3.27%, indicating a moderate profitability level. 2. **Dividend and Payout Ratio**: The company has a history of paying dividends, with the most recent quarterly dividend being $0.2775 per share, representing a $1.11 annualized dividend and a dividend yield of 5.91%. The payout ratio is 48.5%, which is relatively high but within reasonable bounds, given the company's earnings coverage expectations for the future. 3. **Stock Valuation**: The price-to-earnings (P/E) ratio is 10.09, which is lower than some industry averages but suggests that the stock may be relatively undervalued compared to its earnings. However, it's important to consider other valuation metrics. 4. **Growth Prospects**: The company has shown a total revenue year-on-year growth rate of 3478.13%, which is exceptionally high and indicates significant recent growth. However, this rate may not be sustainable in the future. |code|stock code|stock name|last-price|last-change|Total Revenue year-on-year growth rate[20240630]|Price to Book Ratio[20240708]|P/E(TTM)[20240708]|market_code| |---|---|---|---|---|---|---|---|---| |MOBX|MOBX.O|Mobix Labs|1.5600|-4.8780|3478.125|10.2126|0.0000|185| |SUUN|SUUN.O|SolarBank|5.9400|1.9742|544.5279919441416|8.7649|49.6622|185| |MSB|MSB.N|Mesabi Trust|17.5100|-1.2408|326.4636825362948|11.1228|10.7131|169| |STEP|STEP.O|Stepstone Group|44.4900|-2.0907|220.7747878481971|15.1710|84.7401|185| |ROIV|ROIV.O|Roivant Sciences|10.7200|0.6573|196.02649006622516|1.3268|1.8209|185| |CLSK|CLSK.O|CleanSpark|15.4200|-3.9252|162.77205847788275|2.4019|58.4409|186| |FRHC|FRHC.O|Freedom Holding|76.2900|-0.6770|141.82822562735953|3.9747|12.3161|186| |MUFG|MUFG.N|Mitsubishi Ufj|11.2000|-0.7972|111.84690298521238|1.0162|13.3525|169| |HDB|HDB.N|HDFC Bank|61.9200|0.0485|110.39516426922889|2.1030|14.9822|169| |SMCI|SMCI.O|Super Micro Computer|899.3400|6.2321|103.24612701344003|10.3381|50.2027|185| 5. **Analyst Ratings and Price Targets**: The consensus rating for AT&T is "Neutral" with an average price target of $8175. This suggests that analysts are not overly bullish or bearish on the stock, with some targets indicating potential upside. |code|stock code|stock name|last-price|last-change|Consensus Rating[20240705]|Average Price Target[20240705]|market_code| |---|---|---|---|---|---|---|---| |NVR|NVR.N|NVR|7454.0600|0.4386|Neutral|8175|169| |BKNG|BKNG.O|Booking Holdings|3984.6300|1.3862|Buy|3456.8571428571427|185| |AZO|AZO.N|Autozone|2836.4000|0.7602|Strong Buy|3207.5|169| |CMG|CMG.N|Chipotle Mexican|59.5100|-5.1633|Strong Buy|2998.3777777777777|169| |MSTR|MSTR.O|Microstrategy|1290.5800|0.6913|Strong Buy|2058.3|185| |FCNCA|FCNCA.O|First Citizens Bancshares|1685.9200|-0.3917|Neutral|1912.5|185| |MELI|MELI.O|Mercadolibre|1683.7500|1.4943|Buy|1900|185| |AVGO|AVGO.O|Broadcom|1745.8600|2.4981|Strong Buy|1809.3461538461538|185| |MKL|MKL.N|Markel Group|1550.8100|0.9846|Neutral|1612.5|169| |TDG|TDG.N|TransDigm Group|1272.1800|-0.1859|Strong Buy|1410.1666666666667|169| 6. **Market Sentiment**: There has been a mix of bullish and bearish options activity, with a general mood of 12% bullish and 62% bearish among heavyweight investors. This suggests that while some investors are optimistic, others are cautious or hedging their bets. 7. **Recent Challenges**: The company has faced international roaming issues that have affected customer service, which could impact its reputation and customer loyalty. 8. **Long-term Outlook**: Analysts have provided mixed long-term price targets, with some suggesting significant upside potential, while others indicate a more modest increase. In conclusion, while AT&T has shown some positive signs, such as a strong revenue growth rate and a recent upgrade in analyst ratings, the high dividend payout ratio and the mixed analyst outlook suggest that the stock's future performance may be uneven. Investors should weigh these factors and consider their investment goals and risk tolerance before making a decision.