Professional
Added to YB: 2024-12-02
Pitch date: 2024-11-22
T [bullish]
AT&T Inc.
+10.92%
current return
Author Info
No bio for this author
Company Info
AT&T Inc. provides telecommunications and technology services worldwide. The company operates through two segments, Communications and Latin America.
Market Cap
$179.2B
Pitch Price
$22.16
Price Target
N/A
Dividend
4.39%
EV/EBITDA
6.33
P/E
8.21
EV/Sales
2.71
Sector
Diversified Telecommunication Services
Category
turnaround
TCW Relative Value Large Cap Fund New Position: AT&T Inc.
T: AT&T refocusing on core telecom business post WarnerMedia spin-off. $142B debt, down from $176B peak. 5.6% dividend yield. Carbon neutral by 2035 goal. Expanding 5G & fiber networks. $150B 5-year investment. New CEO Stankey driving restructuring, cost cuts, non-core asset sales. Improved earnings & cash flow expected.
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