[at noodls] – I had to laugh. Leaving my office last week, I pulled alongside a bus covered with yet another ad for AT&T’s “Best-Ever Pricing” for families. These ads are everywhere. AT&T’s sinking some serious …
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AT&T, Inc. (T), currently valued at $185.06B, started the session at $35.58.
A quick look at the market, the company’s traded between $35.50 to $35.77 with a trailing 52-week range being $31.74 to $36.86.
AT&T (T) shares are currently priced at 13.56x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -23.92x earnings multiple for the same period.
And for those looking to make a return holding the stock, the company pays shareholders $1.84 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 $0.01 worse than the year-ago quarter and a $0.05 sequential decrease. Investors should also note that the full-year EPS estimate of $2.62 is a $0.12 better when compared to the previous year’s annual results.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $33.46 Billion. If reported, that would be a 4.04% 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 $36.09, which is 1.43% above than it opened this morning.
Summary (NYSE:T) : AT&T Inc. provides telecommunications services to consumers and businesses in the United States and internationally. Its Wireless segment offers various wireless voice, data, text, and other services, including local wireless communications services, long-distance services, and roaming services. This segment also sells various handsets, wirelessly enabled computers, and personal computer wireless data cards through its owned stores, agents, or third-party retail stores; and accessories comprising carrying cases, hands-free devices, batteries, battery chargers, and other items to consumers, as well as to agents and third-party distributors. As of December 31, 2013, this segment served approximately 110 million wireless subscribers. The companys Wireline segment provides data services, such as switched and dedicated transport, DSL Internet access, network integration, managed Web-hosting, packet, and enterprise networking services, as well as local, interstate, and international wholesale networking capacity to other service providers. This segment also offers voice services consisting of local and long-distance services; wholesale switched access services to other service providers; and outsourcing services, integration services and customer premises equipment, and government-related services. This segment served approximately 12 million retail consumer access lines, 10 million retail business access lines, and 2 million wholesale access lines. The company has strategic relationship with IBM to provide businesses with a source for network security and threat management. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005. AT&T, Inc. was founded in 1983 and is based in Dallas, Texas.
Tag Helper ~ Stock Code: T | Common Company name: AT&T | Full Company name: AT&T Inc (NYSE:T) .