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AT&T (NYSE:T) shares notched their seventh consecutive session of loss on Friday, closing 0.7% lower at $16.31.
The U.S. telecom carrier has lost 17% in the last 12-months, compared to a ~26% gain of the broader S&P 500 Index.
Looking at Seeking Alpha’s Quant Ratings, AT&T has a Hold rating with a score of 3.37 out of 5. The company scored an A+ for profitability, a B+ for valuation, but only managed an F for revisions.
Turning to the Wall Street community, 14 out of 27 analysts rate the stock as a Buy or higher, 10 rate it as a Hold, and three rate it as a Sell or lower.
Seeking Alpha analysts at large consider the stock a Buy. According to SA analyst Stefan Redlich, “Despite a reduction in total debt to $143B post-Warner Media spin-off, AT&T grapples with market scrutiny amid rising interest rates and dividend sustainability concerns.”
March was a favorable month for the company, with eight sessions in the red and 12 sessions in the green.