[PR Newswire] – The company is also extending AT&T Toggle to developers so they can wrap new mobile apps in the solution. The new features give AT&T Toggle users the latest workplace management tools on their personally owned smartphone or tablet. The latest enhancements of AT&T Toggle will include: Toggle Data – allows businesses to give employees who are subscribers to certain AT&T wireless services plans a fixed amount of data for use on their personal devices.
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AT&T, Inc. (T), with a current market cap of $172.22B, started trading this morning at $32.72.
Looking at today’s trading action, the company’s one day range from $32.62 to $32.98 with the price of the stock fluctuating between $31.74 to $39.00 over the last 52 weeks.
AT&T (T) shares are currently priced at 12.34x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 6.68x earnings multiple for the same period.
The company pays shareholders $1.84 per share in dividend income per year, for a current yield of 5.60%.
Consensus earnings for the current quarter by the 25 sell-side analysts covering the stock is an estimate of $0.68 per share, which would be $0.04 better than the year-ago quarter and a $0.01 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $2.66, which would be a $0.16 better when compared to the last year’s annual results.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $32.26 Billion. If reported, that would be a 2.87% increase over the year-ago quarter.
More 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 $35.71, which is 9.14% 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) .