If you are wondering whether AT&T’s current share price still offers value, you are not alone. This article is built to help you make sense of what the market might be pricing in.
Over the last week AT&T returned 0.4%, while the return over 30 days was a 4.3% decline and the year to date return stands at a 3.9% decline, set against a 1 year return of 8.4%, 3 year return of 39.6% and 5 year return of 47.2% based on a last close of US$23.59.
Recent price moves have come alongside ongoing attention on large US telecoms, as investors weigh up the balance between income potential and long term capital returns. For AT&T, these discussions often focus on how the company is managing its network investments, debt profile and capital allocation…