[at Bloomberg] – Tesco Plc, the U.K.’s biggest grocer, and AT&T Inc., the largest U.S. telephone company, are selling bonds in euros as borrowing costs approach the lowest in 4 1/2 months in Europe.
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AT&T, Inc. (T), currently valued at $191.29B, started the session at $36.25.
Today, shares have traded between $36.15 and $36.26 per share with its 52-week range being $32.71 to $39.00.
T shares are currently priced at 14.68x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 2.46x earnings multiple.
And for dividend hunters, the company pays shareholders $1.80 per share annually in dividends, yielding 5.00%.
According to a consensus of 25 analysts, the earnings estimate of $0.50 per share would be $0.06 better than the year-ago quarter and a $0.01 sequential increase. Furthermore, our analysis shows the full-year EPS estimate to be $2.47, which would be a $0.16 improvement when compared to the last year’s annual results.
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $33.07 Billion. If realized, that would be a 1.44% increase over the year-ago quarter.
Recently, Argus upgraded T from Hold to Buy (Jun 10, 2013). Previously, Barclays Initiated T at to Equal Weight.
Given all the information above, we should disclose to readers that the average price target is $37.16, which is 2.51% above than it 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) .