Market Update on AT&T Inc. (NYSE:T) – Is AT&T Oversold At Current Prices?

AT&T Inc. (NYSE:T)

[at Wall St. Cheat Sheet] – AT&T stock has not done well in recent months and is currently trading near mid-prices for the year.
Read more on this.

AT&T, Inc. (T), with a current value of $187.63B, opened at $35.35.

Looking at today’s trading action, the company’s one day range from $35.06 to $35.34 and has traded between $32.71 and $39.00 over the past year.

Priced at 14.26x this year’s forecasted earnings, T shares are relatively expensive compared to the industry’s 3.21x forward p/e ratio.

And for those looking to make a return holding the stock, the company pays shareholders $1.80 per share annually in dividends, yielding 5.20%.

In a review of the consensus earnings estimate this quarter, 28 sell-side analysts are looking at $0.65 per share, which would be $0.02 better than the year-ago quarter and a $0.03 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $2.47 would be a $0.16 improvement when compared to the previous year’s annual results.

The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $32.19 Billion. If realized, that would be a 2.32% increase over the year-ago quarter.

Argus upgraded T from Hold to Buy (Jun 10, 2013).
Previously, FBR Capital downgraded T from Outperform to Mkt Perform.

When considering if perhaps the stock is under or overvalued, the average price target is $36.92, which is 4.44% above where the stock opened this morning.

AT&T Inc. (NYSE:T), provides telecommunications services to consumers, businesses and other providers in the United States and internationally. The company operates in three segments: Wireless, Wireline and Other.

Tag Helper ~ Stock Code: T | Common Company name: AT&T | Full Company name: AT&T Inc. (NYSE:T) .

Share the News | facebooktwittergoogle_plusredditlinkedin |

NYSE, NASDAQ, Market Data, Earnings Estimates, Analyst Ratings and Key Statistics provided via Yahoo Finance, unless otherwise specified. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Jutia Group will not be liable for any errors, incompleteness or delays, or for any actions taken in reliance on the data displayed herein.

This post is over 2 years old. Sometimes images and links no longer work since they are from other sites. We have no control over these sites and we are sorry for this if it makes harder to understand the article.

Related Articles

Click for a Random Article: [This Month] | [This Year] | [All Time]

Comments are closed.