At&T Project
At&T Risk Analysis
“Analysis of AT&T’s Stock”
FIN560 - Securities Analysis
Index
1. The background of the company
2. AT&T’s Life Cycle Analysis
3. Analysis of Return on Equity
4. The company's projected future growth rate of earnings
5. Analysis of its required rate of return using the CAPM measurement
6. The company’s intrinsic value using the discount valuation techniques
7. Conclusions
8. References
1. AT&T Background
AT&T Inc. is an American multinational corporation that provides telecommunications services to consumers, businesses, and other providers worldwide. Founded in 1983 as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005, is considered the leading company in the telecommunication industry by Fortune 500 ranked as the number 11th; Headquartered in Dallas, Texas AT&T Inc. has 266,590 employees.
AT&T Inc. common stock is listed on the New York Stock Exchange under the symbol of “T” (NYSE: T) making the company one of the 30 stocks that make up the Dow Jones Industrial Average. It is also a Fortune 500 company ranked the largest communications holding company in the world by revenue of $127.4 billions and by net income was $7.539 billion in 2012.
Its direct competitor is Verizon Communications with $110,875 millions in revenue and $2,404 millions in profits, 20% bellow of AT&T.
According to its 2012 Annual Report, the company has invested $19.7 billion in project for wireless and mobile capabilities with a 10.6% growth year over year; also $23 billion paid to stockholders and $39.2 billion cash generated from operating activities.
AT&T is one of the most honored companies in the world; it has been recognized by industry experts, analysts and media for its innovative products, and services; also for its commitment to the people and to the communities.
2. AT&T’s Life Cycle Analysis
Taking in consideration AT&T’s quote cycle life, the
“Analysis of AT&T’s Stock”
FIN560 - Securities Analysis
Index
1. The background of the company
2. AT&T’s Life Cycle Analysis
3. Analysis of Return on Equity
4. The company's projected future growth rate of earnings
5. Analysis of its required rate of return using the CAPM measurement
6. The company’s intrinsic value using the discount valuation techniques
7. Conclusions
8. References
1. AT&T Background
AT&T Inc. is an American multinational corporation that provides telecommunications services to consumers, businesses, and other providers worldwide. Founded in 1983 as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005, is considered the leading company in the telecommunication industry by Fortune 500 ranked as the number 11th; Headquartered in Dallas, Texas AT&T Inc. has 266,590 employees.
AT&T Inc. common stock is listed on the New York Stock Exchange under the symbol of “T” (NYSE: T) making the company one of the 30 stocks that make up the Dow Jones Industrial Average. It is also a Fortune 500 company ranked the largest communications holding company in the world by revenue of $127.4 billions and by net income was $7.539 billion in 2012.
Its direct competitor is Verizon Communications with $110,875 millions in revenue and $2,404 millions in profits, 20% bellow of AT&T.
According to its 2012 Annual Report, the company has invested $19.7 billion in project for wireless and mobile capabilities with a 10.6% growth year over year; also $23 billion paid to stockholders and $39.2 billion cash generated from operating activities.
AT&T is one of the most honored companies in the world; it has been recognized by industry experts, analysts and media for its innovative products, and services; also for its commitment to the people and to the communities.
2. AT&T’s Life Cycle Analysis
Taking in consideration AT&T’s quote cycle life, the