COMPANY IS AT&T

Overview: Annual Rates of Change and Key Company Risks

This week you will examine the companys per share data and its annual growth rate percentages to get a sense of how well management has increased sales and controlled costs.

If you wish to change companies, go to the discussion thread for Discussion 1 to reserve your new company making sure no one else has already reserved it. If you decide to stay with the same company you used for Discussion 1, there is no need to re-reserve it.

Resources:

• The ValueLine Research Center
  • Using the Stafford Library website, select the Databases option from the tabbed menu
  • Select Business, Management and Finance Databases from the category options.
  • Select the Value Line Research Center
  • Enter the stocks ticker symbol in the search box located in the upper-right of the screen
  • Click on Quote from the hidden menu and browse the pages that follow
  • Scroll to the bottom of the page to view the most recent Value Line Company Report
  • Note: A sample Value Line document is posted in the Content area for this week. Also posted is a guide titled How to Read a Value Line Report. Pages 9-15 of the guide provide an excellent overview of how to read a Value Line company report.
• 10-K Report, Item 1A

Your task is to prepare a report with the required information provided below. Use the same heading names (in bold) before presenting the information as requested.

Report Headings

Name of Company and Ticker Symbol: Company name, ticker symbol

10-K Report: Paste the direct URL to the companys most recent 10-K Report (1 point)

Company Website: Paste the URL to the companys website (1 point)

Value Line's Per Share Financial Data: Report the data for each of the last 3 years for which year-end data is available. In other words, stop just short of the Value Line column containing estimated data. The final year of data will be listed in the third column. See the Sample Value Line document in this week's module to find the data. Format the data using the example below.

Value Line's Annual Rates of Change: See the Sample Value Line document to find the data. Format the data using the example below. Be sure to update the column headings to reflect the three most recent fiscal years.

Value Line Per Share Financial Data

	20XX	20XX	20XX
Average Annual Price/Earnings Ratio	--	--	--
Earnings per Share	--	--	--
Dividends per Share	--	--	--
Cash Flow per Share	--	--	--

Value Line Annual Rates of Change

	Last 10 Years	Last 5 years	Next 5 Years
Annual Rate of Change in Sales	--	--	--
Annual Rate of Change in Earnings	--	--	--
Annual Rate of Change in Dividends	--	--	--

Evaluation: Share what we learn from the data and information collected for this discussion. What does the ValueLine per share data tell us? What about the past and projected annual rates of change? Pay close attention to the most recent figures and the trends we see in the data. Identify and discuss any strengths and/or concerns. Sufficiently examining the data and information collected will likely require at least 250 words.